Slovakia move against Greek bailout unusual -EU

By IBTimes Staff Reporter | August 12 2010 6:57 AM

The European Commission called Slovakia's decision not to participate in a euro zone bailout of Greece unusual on Thursday, but said it would not speculate on any repercussions for the country at this stage.

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Commission spokesman Amadeu Altafaj said there were no indications any other members of the euro zone would follow Slovakia's move, which will not have an impact on Greece receiving funds from the 110 billion euro aid fund.

It's quite an unusual decision but I will not speculate as to any any political consequences, Altafaj said of the Slovakian parliament's vote on Wednesday against Greek support.

This has been approved by all the rest of the members of the euro area and I have no sign ... at all that another episode of this kind could take place.

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