Word: ljubljanska
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Dates: during 1987-1987
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Pozderac's resignation was swiftly followed by that of Metod Rotar, president of the Ljubljanska Banka, a state-run bank that had bought large quantities of Agrokomerc's promissory notes. Yugoslav officials hinted that still more resignations, and possibly more arrests, were to come. Despite some rumors to the contrary, there was no evidence that the government, which is run by Prime Minister Branko Mikulic, 59, was in danger of falling. But Yugoslav economists estimate that in 1986 alone thousands of enterprises besides Agrokomerc issued unbacked promissory notes and other flimsy financial instruments amounting to more than $9 billion...
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