Government gives thumbs up for EFSF, but rejects loan for Greece

© MAEE, F. de La Mure

At an extraordinary session yesterday, 14 July, the government parties agreed by a compromise to support the European Financial Stability Facility (EFSF), but not the eurozone rescue loan for Greece.

At the press conference late last night, all of the leaders expressed their agreement with the move. Prime Minister Iveta Radicova (SDKU-DS) reiterated her statement from Brussels that as the last country of the eurozone still to endorse the EFSF, Slovakia would not block the facility.

SaS leader Richard Sulik did say, however, that although his party was against the facility, it would support it for the common good. “We have a different opinion about it, as we don’t think it is a good thing, but we appreciate political reality and so will vote for the framework,” said Sulik.

KDH chairman Jan Figel said his party would like to see the facility subject to stricter and more enforceable rules. The KDH party was the only coalition party to express its agreement with the loan to Greece, but then only under the right conditions.

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