The Slovak government made a final decision in parliament, that a loan to save Greece's neck from the economic debacle. Concurrently, it however accepted support to a eurozone safety net. This morning's newspapers are full of the news, how Europe is displeased with the outcome.
What is slightly disturbing is the fact, that some foreign newspapers were generalising too much, announcing a total refusal to support the eurozone safety net. No, the issue was, that only the Greek credit was annulled. In addition, the situation in which Slovakia ended thanks to comrade Fico's squandering, has been communicated for many weeks with Brussels.
What is slightly disturbing is the fact, that some foreign newspapers were generalising too much, announcing a total refusal to support the eurozone safety net. No, the issue was, that only the Greek credit was annulled. In addition, the situation in which Slovakia ended thanks to comrade Fico's squandering, has been communicated for many weeks with Brussels.
When the current Ministers of Finance, Mr Ivan Mikloš, spent two and a half hour of hard meeting in Brussels, where does this surprise as aired by Olli Rehn then come from?
Slovakia namely cannot afford a bail-out for a richer country like Greece, who in fact has caused this lapse of budget management themselves. An overall solidarity is fine, but using psychological blackmail at a small country, whose previous leaders have made the state deficit shoot through the allowed Maastricht ceiling, is far from reasonable. The current government's decision is objectively speaking the wisest.
Brussels is aware of that, so stop these crocodile tears; when dealing with serious state budget failures, it is a bit of a poor taste, that overpaid EU officials remind a robbed Slovak on his duty do have solidarity. This way, even my pro-European attitude slightly starts turning into becoming a Eurosceptic.
Instead of using the "principle of solidarity" argument, let's start trying "common sense" first.
MS