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Demonstrators dressed as pigs attend an anti-corruption protest in Ljubljana January 17, 2014.
Demonstrators dressed as pigs attend an anti-corruption protest in Ljubljana January 17, 2014.
(Srdjan Zivulovic/Reuters)

As Europe rebounds, watch Slovenia

Suddenly there’s optimism about Europe. Things aren’t great, but they aren’t so dreadful. But keep an eye on Slovenia, says Andreas Hoefert, UBS AG’s chief economist and the regional chief investment officer for Europe.

The small country has the potential to be this year’s Cyprus, throwing the dislocations in the continent’s economy back onto the world stage.