The Slovak Parliament has rejected the expansion of the euro bailout EFSF. After a ten-hour debate at the end lacked 21 votes. At the same time also failed prime minister Iveta Radicova. She had connected with the vote of confidence.
Slovakia was the last of the 17 euro nations, which had yet to approve the operation. The defeat in the confidence vote must be under Slovak law does not automatically mean new elections. Radicova had suggested at lunch, hold a second vote should come not consent to EFSF expansion in the first round about. Whether it will happen now, remained unclear.
Malta says yes unanimously
Malta had previously agreed to as the penultimate country in the euro zone, the expanded euro rescue (EFSF). The parliament of the small island nation was unanimously in favor. "This is Malta's commitment to European financial stability proof," said Finance Minister Tonio Fenech after the vote.
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