Privatization in a Post-Communist Economy: It Seems there are No Macroeconomic Effects

State-owned enterprises and privatization has long been a major economic topic. After large privatizations in Great Britain, France etc., the privatization became an interesting topic again when now transition economies changed its economic system. The purpose of this article is to present the analysis that took into consideration the privatization in Slovenia and and its potential influence on some macroeconomic variables. We found that in Slovenia privatization so far influenced only on lowering public debt, while other influences could not be proven.