Slovakia

Objections to bailouts were an issue during the Slovakian elections in June. Thus, the new center-right cabinet of Prime Minister Iveta Radičová has put the 750 million euro (USD960.7 million) European Financial Stability Facility on hold — until July 17. Unblocking the fund removed the last major obstacle to its disbursal. The decision came after Slovakia was pressured by fellow Eurozone countries to approve the facility, which is an integral part of the EU’s efforts to restore confidence it its financial markets following Greece’s debt crisis, EurActiv reports.