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Bratislava. After the Slovak government vote, the €750 billion stabilisation mechanism will be able to issue guarantees (Photo: stefanweihs)

Slovakia to join EU-IMF fund, reject Greek loan

The new Slovak government plans to back a €750 billion EU-IMF stabilisation mechanism for eurozone countries but is to back away from a separate euro-area countries' bail-out loan to Greece.

"The coalition parties have agreed [to this] in line with a proposal from the minister of finance," Slovak Prime Minister Iveta Radicova told journalists after a meeting of the ruling coalition parties in Bratislava on Wednesday (14 July), with the government set to formally approve the decision in ...

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Bratislava. After the Slovak government vote, the €750 billion stabilisation mechanism will be able to issue guarantees (Photo: stefanweihs)

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