Slovenian President Urges Cabinet Action Amid EFSF Crisis

Slovenian President Danilo Turk urged leaders to settle squabbles that toppled the government of the first former communist euro-region member to avoid a delay in approving the European Union’s rescue fund amid a sovereign-debt crisis.

Lawmakers ousted Prime Minister Borut Pahor’s government yesterday in a confidence motion after two parties left over pension changes, with elections now likely to be held as early as December. The fall of the minority Cabinet may force a postponement of a vote to back the legislation enhancing the European Financial Stability Facility after EU leaders on July 21 agreed to upgrade the 440 billion-euro ($602 billion) fund, which needs unanimous backing in all 17 euro-area members.