Slovak euro bailout still uncertain

The Slovakian Speaker of Parliament Richard Sulík is beginning to relent on the controversial question of whether the country should approve the expansion of the euro bailout facility. The parliament is to vote on the issue next Tuesday. The neoliberal Sulík, however, insists that a commission of all the parliamentary parties be set up to decide on each cent that is paid out. The business paper Hospodárske noviny sees the proposal as unrealistic: "Firstly Germany and France would never agree to members of the [neoliberal] SaS or the [right-wing extremist] SNS ultimately having right of veto over their plans for saving the euro. That's not the way things work in the Eurozone. The Germans want to bolster the bailout facility, not torpedo it. ... It's entirely possible that Sulík's plan is just a ruse, because he knows this is a condition the government can't fulfil. In this way Sulík can justify his No on Tuesday."

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