Slovakia will not expect or require any moderation in the EU rules in terms of consolidating its public finances said Prime Minister Robert Fico in parliament during a session held on May 4.
“We want to remain part of the eurozone ... the eurozone represents a certain club for us and a club means having some rules,” stated Fico, as quoted by the TASR newswire. “We will, of course, obey these rules.”
Slovakia has committed itself to bringing its public finance deficit below 3 percent of GDP by next year. According to Fico, the country’s membership in the eurozone is a success story and his government will never cast doubt on the benefits of the introduction of the euro that took place January 1, 2009.
“It is not Slovakia’s fault that other countries failed and caused some trouble in the eurozone,” he added, as quoted by TASR.
Fico wants to promote policies within the EU that also foster economic growth.
Compiled by Radka Minarechová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.