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Slovakia’s government sees no urgency in dealing with EFSF and ESM

Slovakia's governing coalition is apparently in no hurry to approve new mechanisms that would help Greece and other eurozone countries in financial trouble, even though the European Union has asked member states to approve an increase in the European Financial Stability Facility (EFSF) and the creation of the European Stability Mechanism (ESM) as soon as possible, the TASR newswire reported. Parliament will probably not deal with the issue before September as Speaker of Parliament Richard Sulík (Freedom and Solidarity party) told TASR that he will not summon an extraordinary session of parliament in August.

Slovakia's governing coalition is apparently in no hurry to approve new mechanisms that would help Greece and other eurozone countries in financial trouble, even though the European Union has asked member states to approve an increase in the European Financial Stability Facility (EFSF) and the creation of the European Stability Mechanism (ESM) as soon as possible, the TASR newswire reported.

Parliament will probably not deal with the issue before September as Speaker of Parliament Richard Sulík (Freedom and Solidarity party) told TASR that he will not summon an extraordinary session of parliament in August.

The chairman of the Most-Híd caucus in parliament, László Solymos, also said he does not view the situation in the eurozone as serious enough for the Slovak Parliament to summon an extraordinary session at this time. The vice-chairman of the Christian Democratic Movement (KDH), Pavol Abrhan, expressed a similar opinion but added he is willing to hold a session if necessary.

The decisions concerning the two mechanisms will probably be preceded by tough discussions among the four parties of the governing coalition, as their stated opinions vary significantly.

Prime Minister Iveta Radičová is scheduled to meet with Finance Minister Ivan Mikloš and Foreign Affairs Minister Mikuláš Dzurinda in the Government Office on August 8 to discuss the current situation in the eurozone, the Government Office’s press department told the SITA newswire.

Source: TASR, SITA

Compiled by Zuzana Vilikovská from press reports
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