Advertise On EU-Digest

Annual Advertising Rates

9/12/10

ECB outraged by Slovak refusal to aid Greece-sources

Slovakia set a bad example by refusing support for a loan to Greece, and the European Central Bank will not support euro entry by others unless sure they will not take similar steps in the future, ECB President Jean-Claude Trichet was quoted as saying.


A memo from this week's meeting of euro zone finance ministers, seen by Reuters, said Trichet was outraged at the refusal by Slovakia to participate in the Greek bailout.


Several EU officials said privately Slovakia could be snubbed by some of the 26 other EU member states because its decision is likely to complicate talks on the bloc's budget, making the rich net payers less willing to grant aid to poorer countries.

For more: ECB outraged by Slovak refusal to aid Greece-sources | Reuters

No comments: