Slovak govt delays decision on euro zone loan facility
July 14 (Reuters) - Slovakia postponed until Thursday its decision on signing the euro zone's emergency loans facility, the government said on Wednesday.
The centre-right cabinet of Iveta Radicova failed to unlock the 750-billion-euro scheme, set up to provide temporary financing to euro zone countries in trouble. It needs the signatures of all 16 countries in the currency area.
The government will hold a meeting on Thursday to debate the European Financial Stability Facility (EFSF) and a bilateral loan to debt-laden Greece, worth around 800 million euros.
(Reporting by Martin Santa)
© Copyright Thomson Reuters 2023. All rights reserved.
Join the Discussion
Editor's pick