Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

MPs approve Lisbon Treaty changes

SLOVAKIA’s parliament approved the changes to the Lisbon Treaty that establishes the European Stability Mechanism (ESM), the EU’s permanent bailout fund, during its session on May 15. The amendment to the treaty had the support of 130 out of 142 deputies present, the TASR newswire reported.

SLOVAKIA’s parliament approved the changes to the Lisbon Treaty that establishes the European Stability Mechanism (ESM), the EU’s permanent bailout fund, during its session on May 15. The amendment to the treaty had the support of 130 out of 142 deputies present, the TASR newswire reported.

The MPs did not support an amendment proposed by the opposition Slovak Democratic and Christian Union (SDKÚ) that would have required the Slovak parliament to vote on each future use of funds from the ESM.

The permanent ESM, which will replace the European Financial Stability Facility (EFSF), the temporary bailout fund currently in place, is designed to safeguard financial stability in the eurozone.
The ESM is expected to begin operating some time in July this year.

Top stories

No Slovaks among the victims of Manchester attack so far

The representatives of Slovakia have expressed their sympathy to the families of the victims.

Police guard close to the Manchester Arena in Manchester, Britain, on May 23, 2017, a day after an explosion.

It's not your Slovakia, Bystrica protesters told Kotleba

President Andrej Kiska spoke to the crowd at the protest gathering, asking Slovaks what kind of country they want to have.

Lajčák gives two versions of the Evka story

The Foreign Ministry gives opposing statements about suspicious procurement related to the Slovak Presidency over the EU Council.

Government of PM Robert Fico (left) endorses Lajčák as its official candidate.

Napoleon’s oak planted in Bratislava's Tyršovo Embankment Photo

An oak of Napoleonic legend was replanted, part of a commemoration spanning several days.

Planting "Naopoleon's oak" on May 20, 2017.