The budget is set to be debated in parliament at its session beginning today (November 30). "I assume that the vote won't take place earlier than Thursday," Mikloš said, as quoted by the TASR newswire. There have been rumours that Christian Democratic Movement (KDH) MP Anton Marcinčin isn't willing to support the budget. Mikloš said that he had discussed KDH support with party leader Ján Figeľ, who told him that he was unaware of any opposition within his party and that it still backs the budget.
Commenting on the poor response to two recent attempts to sell Slovak state bonds, Mikloš said that the money that the state was attempting to acquire via the bond issues was not intended to secure the current funding of the state. The present situation on European financial markets is unsustainable, however, Mikloš said. Commenting on the recent partial failure of a German sovereign bond issue, he commented: "It isn't normal that even Germany is unable to borrow. It's rather a matter of panic rather than the real status of economies."
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
30. Nov 2011 at 10:00