Fico: Joint action by Eurozone members would build confidence

Only a joint response by eurozone-member countries to the financial crisis can calm markets and renew confidence, Prime Minister Robert Fico said on October 12 before leaving for Paris to attend the eurozone summit .

Only a joint response by eurozone-member countries to the financial crisis can calm markets and renew confidence, Prime Minister Robert Fico said on October 12 before leaving for Paris to attend the eurozone summit .

"If declarations aimed at a joint approach appear, the financial markets will calm down, and the result will be a return to confidence. I consider this to be more important than any technical solutions proposed by the eurozone summit," Fico said.

Fico alos said that Slovakia doesn't see any problems with the proposed technical measures concerning liquidity and other conditions aimed at restoring the smooth functioning of financial institutions. He declined to comment on further details of the summit program, saying that these have to be discussed at the meeting itself, but he did note that no revolutionary ideas have emerged. SITA

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Penta partner Haščák reportedly charged with corruption after a police raid

Anti-communist fighters will receive pensions. Sunk tugboat being drawn out of the water.

Jaroslav Haščák

Car industry needs to jump on the latest trends

Economy minister promises extensive support for hydrogen technologies in Slovakia.

The Hydrogen Technology Research Centre (CVVT) is to be launched at the end of 2020 or beginning of 2021 in Košice to do R&D in this field.

Responsibility goes hand in hand with EU advantages, says President Čaputová

President Zuzana Čaputová spoke with Vice President of the European Commission for Values and Transparency, Věra Jourová.

President Zuzana Čaputová

Half of all parents lack time to help their children with distance learning

Some have a hard time motivating their children, others do not understand the curriculum.