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Commission reaction to Slovakia "no" over support mechanism

27. August 2010. | 10:00

Source: ANA

Following a no vote by the parliamentary majority of the new government coalition in Slovakia to participate in the eurozone support mechanism for Greece, the new coalition government in the Czech Republic appears headed in the same direction, with Czech Prime Minister Petr Necas stating as much in comments carried on Wednesday by the Austrian daily "Kourier."

Following a no vote by the parliamentary majority of the new government coalition in Slovakia to participate in the eurozone support mechanism for Greece, the new coalition government in the Czech Republic appears headed in the same direction, with Czech Prime Minister Petr Necas stating as much in comments carried on Wednesday by the Austrian daily "Kourier."

The new Czech premier said his country is taking into consideration the support plan for Greece but does not intend to participate. He added that for the Czech Republic the present transition of monetary responsibilities from the national level to European Union level constitutes a boundary that cannot be exceeded.

Meanwhile, according to an ANA dispatch from Brussels on Wednesday, EU Commissioner Olli Rehn's spokesman emphasised that "the European Commission has the right to express its dissatisfaction over the refusal of Slovakia to participate in the support mechanism for the Greek economy ... the Commission respects the decision of the Parliament of Slovakia, however, it (Commission) has the right not to agree."

Moreover, according to press reports out of Brussels, Rehn stated that "the decision of the Slovak Parliament will not have any negative repercussions for the payment of the second tranche of loans to Greece."

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