The Slovak opposition is seeking to impeach President Ivan Gasparovic, sparking the biggest clash with his ally Premier Robert Fico, who’s struggling to trim the budget deficit amid the euro-erea’s debt crisis.
Slovak Prime Minister Iveta Radicova said the compromise she has offered to a coalition partner to persuade it to back an overhaul of the bailout system respects the July accord of European Union leaders.
Slovak Prime Minister Iveta Radicova said pouring more cash to the European Union bailout fund “isn’t an option” to solve the debt crisis and the euro region has to seek alternatives to restore confidence in its currency.
Slovakia never considered dropping the euro and talk about countries switching back to their national currencies is "extremely risky" as it undermines efforts to stabilize the region, Premier Iveta Radicova said.
Slovak Prime Minister Iveta Radicova demanded an apology from European Union Economic and Monetary Affairs Commissioner Olli Rehn, saying he overstepped his remit by criticizing Slovakia’s refusal to provide aid for Greece.