Nevertheless, it is imperative that innovative ways be found to further lower these cost towards the Sustainable Development Goal (SDG) target of 3 percent. Therefore the fundamental question is what will each agent along the transfer chain do so as to reduce the overall cost to the consumer and how will innovations assist in this process?
The Slovenian and euro area economies have recovered well in recent quarters: Slovenia has already surpassed its pre-pandemic GDP, while the euro area overall is very close to reaching it. The unemployment rate has fallen, and firms are again facing labour shortages.