Euro bank criticises Slovakia

Head of the European Investment Bank (EIB) Wolfgang Roth has criticised the level of cooperation between his institution and the Slovak cabinet, suggesting that Slovakia is more interested in loans from the International Monetary Fund.

Although the bank freed about 3.4 billion euro for loans to EU candidate states, Slovakia drew only about 80 million euro of that amount.

Peter Papánek, the finance minister's spokesman, said that his country always tried to pick the most advantageous offers, and added that Slovakia was determined to continue negotiations with the EIB over the financing of Slovak projects.

Compiled by Martina Pisárová from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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