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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 Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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 Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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