Spectator on facebook

Spectator on facebook

Slovakia agrees to Greek bailout, with conditions

Slovakia’s ruling coalition agreed at its session on Tuesday, June 14, that the country would contribute to a new EU bailout for Greece, but only under certain conditions. It was also agreed that Slovak Parliament should give the go-ahead for the government to act.

Slovakia’s ruling coalition agreed at its session on Tuesday, June 14, that the country would contribute to a new EU bailout for Greece, but only under certain conditions. It was also agreed that Slovak Parliament should give the go-ahead for the government to act.

The Sme daily wrote that Slovakia has several conditions for Greece and the European Union: the Greek government should make more savings; it should privatise assets after agreement with the opposition; the loan should be guaranteed by Greek state property; and the private sector should agree to exchange existing bonds for bonds with seven years’ longer maturity, and thereby contribute to the Greek rescue.

Countries like Germany, Finland and the Netherlands also want private investors to share the burden of guarantees. These conditions were outlined, Sme reported, by the leader of Freedom and Solidarity (SaS) and Speaker of Parliament Richard Sulík. Later in the day Finance Minister Ivan Mikloš was able to tell an EU finance ministers’ meeting in Brussels that Slovakia would give its content to the Greek bailout.

Source: Sme

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

Top stories

Slovak scientist in the US: Slovak science needs more than just money to thrive

It seems as if we do not want skilled scientists to return home, says Dominika Truban, who founded a platform connecting Slovak researchers abroad and at home.

Dominika Truban

The Education Ministry to restore the analytical institute

The institute that is part of the Value for Money initiative was merged with another body at the beginning of the year.

Education Minister Martina Lubyová

New web app shows property owned by politicians

The aim is to clearly show publicly accessible information about public officials that is scattered through various state websites and registers.

Zsolt Simon

Blog: Helping others helps your company too

Tatiana Čaplová, Program Coordinator for CSR at the Pontis Foundation, offers a very interesting look behind the scenes of the most successful CSR event in Slovakia - Naše Mesto (Our City).

Bratislava