Prime Minister Says Chaotic Default is the Worst

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BRATISLAVA, October 22, (WEBNOVINY) — Prime Minister Iveta Radicova says that she is deemed an extorter in Slovakia. “Yes, I got such an attribute, whereby the Constitution enshrines the constitutional right to couple a voting on a bill adoption or some other things with a confidence vote in the Cabinet,” she told SITA in an exclusive interview.

She has divided the assessment of her Cabinet into two groups: from abroad and local evaluations. “And they are diametrically different. Assessments from abroad, whether I read today’s Der Standard or the Financial Times or the New York Times or The Economist or many other foreign dailies or weeklies, they assess the 15-month story as a story of a responsible government regarding the need to respond to the crisis, a responsible government in terms of saving, and also of the Slovak Republic. And above all they praise the sacrifice and responsibility in dealing with the largest crisis the EU has ever experienced,” she noted.

The split over the bailout fund arose when two principled positions were confronted; one of them presented by the former coalition partners SaS and the other one saying that the current crisis has only supranational solutions.

Nothing is worse than a chaotic, disorderly default, a default of banks not regulated by states, according to Radicova. The prime minister emphasized the need to limit such impacts as the ones of Lehman Brothers’ collapse, when 140,000 people lost jobs.

SITA

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Viac k osobe Iveta Radičová