Brussels, 15/07/2010 (Agence Europe) - The Slovak government has approved the EU rescue fund for debt-laden member states of the euro area, Slovakian Prime Minister Iveta Radicova announced on Thursday 15 July. Slovakia was the only euro area country not to have agreed to take part in the “financial stability fund” which has €250 billion in IMF loans, €60 billion in EU loans and €440 billion in loan guarantees from the various countries of the euro area (see EUROPE 10180).
“The...