SaS Party Could Still Overturn EFSF Vote

The Freedom and Solidarity party (SaS) led by Richard Sulik could strike back against the increased capacity of the EFSF bailout fund, which the Slovak parliament passed in a second vote yesterday after the issue led to the fall of the government on Tuesday.

SaS: Defiant and resolute (c) The Daily

The SaS is considering contesting parliament’s approval of this crucial bill for the eurozone as neither the Constitution nor the Parliamentary Rules of Procedure afford this option when it comes to international agreements, they claim.

Filing a petition with the Constitutional Court requires the signatures of at least 30 MPs, but the combined votes of the SaS party and the most likely supporter of Jan Slota’s nationalist party SNS would only produce 28 signatures. However, three former members of these two parties who are now independent could also back the petition, for instance.

If the SaS manages to rally enough signatures, it will go ahead with its petition and so could jam a spanner in the works of the eurozone and the markets should the Constitutional Court find that the second EFSF vote was unconstitutional.

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