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Also Slovakia asks EU to change debt calculation
Nine member states asked European Commission to change debt calculation. Common letter was signed also by Slovak minister of finance Ivan Mikloš.
Slovak parliament voted against bilateral loan for in-debted Greece. Slovakia broke the principle of solidarity, European Commission said.
EU´s Juncker Says Slovakia May Reconsider Help to Greece
Euro zone member Slovakia will have strong reasons to reconsider its help to indebted euro group member Greece, the Eurogroup Chairman Jean-Claude Juncker was quoted as saying.
Europe´s emergency loan vehicle hits Slovak snag
Various EU officials say that a way will be found to overcome the signs of Slovakia´s resistance to the European Stabilization Mechanism.
Central Europeans more sceptical about euro
Citizens of former communist countries that joined the European Union in 2004 and 2007 are increasingly hesitant about adopting the euro currency quickly, a Eurobarometer survey showed yesterday (25 January).
Mundell: EMF would be a colosal waste
According to recipient of the Nobel Memorial Prize in Economics Robert Mudell Greek problem is not problem of euro. After 10 years of its existence he considers common European currency as extraordinary success and stresses that EU and USA should cooperate in monetary policy.
EC allows destruction of euro notes
European Commission published set of recommendations what can be and what can not be done with euro banknotes and coins. For example total destruction of banknotes and coins by individuals in small quantities should not be prohibited.
Euro looses its potential to become a global reserve currency
The euro´s position as a world reserve currency may be vulnerable due to flaws that Greece exposed in the eurozone´s fiscal framework.
