Slovenian prime minister resigns

Slovenian PM resigns over controversial €1 billion railway project

Slovenian PM resigns over controversial €1 billion railway project

Slovenian Prime Minister Miro Cerar announced his resignation on Wednesday shortly after the country's Supreme Court annulled the results of a referendum held a year ago. His stepping down came less than three months before a general election is expected to be held in June in the Balkan state.

"I have made a decision any trustworthy politician should make in such a situation", Cerar said in a statement broadcast live.

The government's macroeconomic institute UMAR on Thursday increased its GDP forecast for 2018 to 5.1 percent from the 3.9 percent forecast in September, saying the economy would be boosted by exports and investments. "You [citizens] will have a chance in the elections to judge between right and wrong and who deserves your support". "We have the lowest unemployment rate after 2009".

Cerar's government also faced a recent wave of strikes by public sector workers amid Slovenia's economic recovery.

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In its ruling on Wednesday, the Constitutional Court annulled the result of the referendum said it had annulled the referendum's ruling because the government had not acted impartially when it spent public money to back a "yes" vote for the scheme.

In May 2017, Slovenia's Parliament passed a law regulating the construction of a new railway line, which would link Koper with Divaca, a hub near the Italian border. In contrast to popular views in those two countries, approval of European Union membership remains high in Slovenia, which adopted the euro more than a decade ago, and has been able to tap E.U. funds for regional development.

The date for the new referendum wasn't immediately set.

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