The new Slovakian government is opposed to a bailout package for Greece, Prime Minister Iveta Radicova said July 12.

“The position of our minister of finance and also my personal and our political party [position] is as it was before, that we really do not agree, we really do not agree,” Radicova said of the possible Slovakian contribution to assistance for Greece.

The rescue package for Greece has been on hold, pending Slovakia’s approval. Slovakia is supposed to provide 4.4 million euros (USD5.5 million) for the facility that was intended to become active by July 1, Dow Jones Newswires reports.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.