BBC
As experts predicted...politicos there will support the E440bn EFSF bailout bill...after winning assurances for an early election.
The first bill vote was defeated Tuesday...when a coalition party and the main opposition abstained...upsetting many in the EU over the prospects of a long stall...and more market confusion and loss of confidence.
A new vote will probably come by week's end.
"We're saying 'no' to a rightist government, but we're saying 'yes' to the rescue fund," said an opposition leader Robert Fico.
The current government is reportedly highly unpopular because of austerity measures.
PM Iveta Radicova's (above) coalition will now hold the snap election on 10 March...with Fico's party expected to do well.
TO READ ANALYSIS: Will tiny (2% of EU population) Slovakia's disobedience encourage others? The Netherlands, Austria, Finland and Germany...may become more vocal in the future.
In any case...further additions to the E44bn fund...are unlikely.
http://www.guardian.co.uk/business/2011/oct/12/euro-bailout-and-slovakia
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- BRASIL: Shocking Amazonas Police Brutality... Caught On Tape.
- CHILE / EU : 26 Jan UPDATE: Santiago Hosts Latin American Summit; EU Warns Of Protectionism; Some Protest Raul Castro.
- COLOMBIA: FARC Female Rebel Captivates Dutch.
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- BRASIL/ LIBYA: S.Paulo Surgeon Claims Gadhafi Had Cosmetic Surgery in 1995.
- BRASIL: 23 Cops Get 156 Years In Jail For Carandiru Prison Massacre.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
- MEXICO / USA : Culiacan's Famous Narco Cemetery; Border Patrol Shoots It Out With Narcos.
- CUBA / NORWAY / RUSSIA : New Oil Rig Arrives Off La Habana.