Spectator on facebook

Spectator on facebook

Radičová to back stricter budgetary rules at EU summit

Slovakia will be represented by Prime Minister Iveta Radičová at a meeting of EU leaders in Brussels on Friday, December 9, the government decided on Wednesday.

Slovakia will be represented by Prime Minister Iveta Radičová at a meeting of EU leaders in Brussels on Friday, December 9, the government decided on Wednesday.

The European Council is set to discuss stricter budgetary rules and automatic sanctions for violations, as well as monitoring of budget creation in individual member states. Radičová will speak in favour of these rules, the TASR newswire reported. She will also promote the independent status of the European Central Bank (ECB) in the decision-making process vis-a-vis the purchase of state bonds and a shortened process for adopting the ESM permanent bailout mechanism, which could come into being as early as in mid-2012. Slovakia also thinks that countries that fully comply with eurozone budgetary rules should not be restricted when it comes to their budgetary and economic policies.

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

Job ads should inform about basic salary

One of the proposal’s authors from the Smer coalition voted in May against a similar proposal authored by opposition deputies

The shortage of workforce is a growing problem for entrepreneurs.

Top 3 news from Last Week in Slovakia Video

EMA will not relocate to Slovakia - Job ads will have to state actual payrates - Trnava factory to produce electric cars

PSA plant in Tranva.

Námestie Slobody square closer to facelift Photo

The Bratislava city council wants to revitalise the square by the end of 2018

The winning project for revitalisation of Námestie Slobody square

Slovak hockey league will not rest during Olympics

Unlike the Slovak premiere hockey league, Swiss, German and Russian leagues will take a break during the 2018 Winter Olympics.

Ice hockey is popular in Slovakia