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

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

EC: Focus on education and labour market

Some recommendations remain the same as last year.

Illustrative stock photo

No Slovaks among the victims of Manchester attack so far

The representatives of Slovakia have expressed their sympathy to the families of the victims.

Police guard close to the Manchester Arena in Manchester, Britain, on May 23, 2017, a day after an explosion.

Slovak paralympic athletes win gold and bronze at World Championship

Three Slovaks became world champions in table tennis in the TM2 category at the World Paralympic Championship in Bratislava.

L-R: Ján Riapoš, Martin Ludrovský in the Slovakia-Taiwan match at the paralympic world championship, May 19.