Slovakia’s Smer Won’t Back ESM If Not in Power, SITA Reports
Slovakia’s opposition Smer party will not support the creation of Europe’s permanent rescue fund unless the party takes part in the future government, SITA reported, citing Chairman Robert Fico.
Smer, which is leading the polls before March 10 elections and supports the establishment of the European Stability Mechanism, said it will “never” do so in Parliament if it’s left out of the next ruling coalition, the newswire quoted Fico as saying today.
Smer in October voted for the enhancement of the European Financial Stability Facility, the ESM’s predecessor, only after the government of Iveta Radicova had collapsed over the issue, leading to an agreement on early elections.
To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net
To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net
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