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People fear restaurants, other tourist accommodations, shops and parking lots will be built that limit public access to lakes, rivers and the sea, increase the risk of water pollution.
The life-size statue on the outskirts of Sevnica was inaugurated on Friday and is the brainchild of 39-year-old American conceptual artist Brad Downey.
The Alpine state's capital has a picturesque medieval centre that stretches along the Ljubljanica river and a castle on a hill above the centre.