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The 8th Government of Slovenia led by Prime Minister Janez Janša was announced on 3 December 2004. The government was formed after the 2004 Slovenian parliamentary election. It was the first government of Janez Janša, and third centre-right government in the history of the Republic of Slovenia. Slovenian Democratic Party won on the elections 29% of the votes and so became the strongest parliamentary party in the National Assembly. The party nominated Janez Janša as the candidate for the mandatary, who was confirmed by the president Janez Drnovšek. It was one of the most stable governments of Slovenia, which ruled in the times of the greatest economical boom. In 2004–2006, the economy grew on average by nearly 5% a year in Slovenia; in 2007, it expanded by almost 7%. The growth surge was fuelled by debt, particularly among firms, and especially in construction. The price for a boom that veered out of control has been paid in years from 2009 onwards.
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