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People waving the Slovak flag outside the presidential palace in Bratislava (Photo: theodevil)

Brussels rebukes Slovakia over Greek u-turn

The European Commission has sharply rebuked Slovakia for backing out of its promise to loan Greece €816 million as part of a wider EU-IMF rescue package.

"The eurogroup's decision [to create the Greek bail-out fund] was a crucial act at a critical moment to safeguard financial stability of the euro area as a whole, including Slovakia. I can only regret this breach of solidarity within the euro area and I expect the eurogroup and the [economic and finance ministers'] Council to return to...

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

People waving the Slovak flag outside the presidential palace in Bratislava (Photo: theodevil)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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