Slovak News Back to the news
EC Welcomes Decision to Sign EFSF, but Wants to Discuss Greece
Thursday 15 July 2010 Zoom in | Print page
Bratislava/ Brussels, July 15 (TASR) - The European Commission on Thursday welcomed the decision of the Slovak Government to sign the framework agreement on launching the European Financial Stability Facility (EFSF), but the Commissioners want to discuss the recommendation given by Government to Parliament not to support a loan to Greece.
"The European Commission welcomes the statement by Slovak Prime Minister (Iveta Radicova) concerning signing the EFSF framework agreement. Concerning other aspects, including financial assistance to Greece, we'll continue together with other EU institutions in discussion with Slovakia," said EC spokesperson Amelia Torres.
The €750-billion EFSF is a legal instrument that eurozone-member countries and the International Monetary Fund (IMF) have agreed on in order to ensure financial stability across Europe and preserve the euro currency.
Slovakia's portion of the emergency rescue package stands at €4.4 billion.
All rights reserved. Any publishing or further dissemination of press releases and photographs from TASR's resources without TASR's prior written approval constitutes a violation of the Copyrights Act.
