BUSINESS BRIEFS

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.

Finance Ministry spokesman Peter Papánek said that his country always tried to pick the best offers, and added that Slovakia was determined to continue negotiations with the EIB over financing future projects.

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