Slovakia will approve EU bailout fund
October 13th, 2011 Go Pushkin

Slovakia will approve EU bailout fund

Slovakia will approve EU bailout fund

Slovakia will approve EU bailout fund

Slovakia Will Approve the Expansion of the Bailout Fund

The night of October 11th, the European Financial Stability Fund (EFSF) expansion was rejected by the Slovak ruling coalition.

The largest opposition party Smer has agreed to vote for the expansion of the bailout fund. In return they required the next general election, scheduled for 2014, to be held in March 2012. The bill is expected to be re-approved this week.

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