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Slovakia became the 16th eurozone member in January 2009 (Photo: formulaphoto)

Slovakia reluctant to take part in Greek bail-out

As the Greek government awaits the first tranche of a €110 billion rescue loan, its Socialist counterpart in Slovakia has said it will not immediately contribute its share, citing doubts over Athens' ability to push ahead with necessary reforms.

"I don't trust the Greeks," Slovak Prime Minister Robert Fico told journalists on Monday (May 3), a day after the eurozone finance ministers' meeting had welcomed harsh austerity measures linked to the bail-out.

"The approval by the [Gre...

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Slovakia became the 16th eurozone member in January 2009 (Photo: formulaphoto)

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