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Slovak PM: As of today, I don’t have the votes for EFSF

By   || September 30, 2011 at 15:42 GMT
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  • Lacks votes of coalition partner SAS for EFSF as of today
  • Will meet over the weekend with SAS; has personal commitment that Slovakia will not block EFSF
  • Would be very negative for Slovakia if it is the one to block the EFSF
  • New, strict rules needed to avoid further crisises

Via Reuters…

Well there’s the problem with the euro zone in a nutshell: Slovakia, with a population of 5.5 mln, could block a deal that has the support of the rest of the euro zone….A totally unworkable system. All it produces is watered-down, lowest common denominator crap solutions.

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One Response to “Slovak PM: As of today, I don’t have the votes for EFSF”

  1. tomcat on September 30th, 2011 15:59 GMT

    Agreed…so why should we keep a system that does not work…. cannot hear this “more integration” nonsense any longer…

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