Spectator on facebook

Spectator on facebook

Finance Committee rejects SaS's limited mandate proposal for Greece talks

The parliamentary committee for finance on Thursday, June 30, rejected a proposal to limit the mandate of Finance Minister Ivan Mikloš (Slovak Democratic and Christian Union (SDKÚ)) in talks about a new EU loan to Greece, the TASR newswire wrote.

The parliamentary committee for finance on Thursday, June 30, rejected a proposal to limit the mandate of Finance Minister Ivan Mikloš (Slovak Democratic and Christian Union (SDKÚ)) in talks about a new EU loan to Greece, the TASR newswire wrote.

The proposal, submitted by Freedom and Solidarity (SaS), one of the SDKÚ's partners in the ruling coalition, was backed only by SaS committee members, while the rest of the coalition abstained. The final decision on Mikloš's mandate should be made on Friday, July 1, after the matter is debated in parliament.

SaS wants parliament to ensure that Mikloš agrees to the new loan for Greece, which is due to be discussed in Brussels shortly, only if five conditions are met: 1) participation of the private sector, 2) participation of the International Monetary Fund, 3) privatisation of Greek state property, 4) provision of collateral, and 5) Greece's political commitment to the plan. The first condition is the main bone of contention. SaS wants to reduce the nominal value of bonds owned by Greece's creditors, which would automatically lead to the country's default. Mikloš says that such a condition cannot be negotiated in Brussels.

Source: TASR

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

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava