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The Boston Globe

World

Fears grow Slovenia could seek bailout

LJUBLJANA, Slovenia — Only a few years ago, Bine Kordez was feted as Slovenia’s star entrepreneur. After transforming a home-improvement chain, Merkur, into a regional giant, he drew on easy credit from state-run banks to help orchestrate a 400 million euro management buyout of the company, the largest in the country’s history.

The rewards of success included an imposing mountainside retreat and frequent mention of his name as a possible future finance minister of this small, idyllic Alpine country.

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