Slovakia politically unready for Eurozone

Slovakia is considered the main hurdle in the approval process for expanding the euro bailout plan. So far Prime Minister Iveta Radičová has fought in vain to secure a Yes vote from the co-governing neo-liberals under parliamentary speaker Richard Sulik. The liberal Czech weekly Respekt warns Bratislava of the dangers of national egotism: "With a No vote this small country, whose economy is of a negligible size in the context of the Eurozone, would spark a crisis the dimensions of which no one dares to estimate. Radičová needs the agreement of the Slovakian parliament by the EU summit in mid-October. Sulik, for his part, wants a guarantee that Slovakia won't pay a cent. Here the national egoism dividing Europe shows its face. ... The fact is that Greece wasn't economically prepared for the euro. Slovakia was economically prepared for the euro, but not politically."

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