October 13, 2011   119 notes

EU’s Barroso hopes Slovak solution found for EFSF vote

Slovakia is the only one of the euro zone’s 17 members yet to approve an increase in the EFSF’s powers.Its fallen ruling coalition was preparing a new vote on the EFSF on Thursday after forging a deal with the leftist opposition. The vote is intended to end a standoff over the fund, which is designed to stop the spread of the euro zone’s sovereign debt crisis.

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