Slovakia Approved EFSF

Politics ♦ Published: October 13, 2011; 19:02 ♦ (Vindobona)

After unsuccessful voting on Tuesday, Slovak lawmakers supported today the enlargement of the European Financial Stability Fund.

Slovakia Approved EFSF / Picture: ©

114 deputies voted in favor of the reform of the Euro zone bailout fund, much more than required constitutional majority. Among them were members of the opposition party - Smer. They decided to back up the changes in bailout system only on condition that the ruling coalition will cut short the current election term. The new parliamentary elections are scheduled on 10 March 2012.The…