25 January 2011

SLOVAKIA: PM Radicova Still Resists EU Bailout Fund.

BLOOMBERG/ Radoslav Tomek /

    PM Iveta Radicova still says pouring more cash into a EU bailout fund “isn’t an option” to solve the debt crisis and alternatives must be sought to restore euro confidence.
    Slovakia is the only EU member that refused aid for Greece. It also opposes increasing the fund unless bond investors are forced to take "haircuts" on the debt issued by distressed countries earlier than 2013.