SLOVAKIA will contribute 1.02 percent, or some €300 million, to the total financial aid package for Greece, Slovak Finance Minister Ján Počiatek told the Czech daily Lidové Noviny in an interview published on April 28.
When asked where the Slovak government will get the money, Počiatek replied that the government has some available resources that can be used for this purpose.
If it is not enough, Slovakia might need to borrow the money.
Počiatek said he understands that people do not like the prospect of paying Greece’s debts, especially while Slovakia’s own debt is growing. But he suggested that the public cannot possibly know all the details about the issue at this time.
“Before the public debate begins, formulating the specific conditions under which the credit will be provided to Greece is the most important thing to do. And that still hasn’t happened to date,” he said, as quoted by the TASR newswire.
3. May 2010 at 0:00 | Compiled by Spectator staff