SaS Wants to Limit Finance Minister's Greek Bailout Mandate

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BRATISLAVA, June 24, (WEBNOVINY) — Deputies for the liberal ruling coalition member SaS want to debate the mandate of Finance Minister Ivan Miklos regarding the Greek bailout at the next parliamentary session, starting June 28. According to the party leader, Richard Sulik, they are currently collecting thirty signatures necessary to have the item included in the session’s agenda. Sulik went on to say that they want to discuss narrowing the finance minister’s mandate in negotiations on the second bailout package for Greece.

According to Sulik, the finance minister has a mandate to sign the second bailout to Greece on behalf of Slovakia, while the SaS wants to restrict the mandate so that it can be signed only after determining the participation of the private sector on the process. According to the SaS leader, that basically means the country’s regulated default, which he finds inevitable in the current situation.

The coalition partners agreed upon the framework mandate for the government for negotiations on the Greek bailout at the start of last week. Slovakia wants to see five conditions fulfilled before it gives its nod to a new bailout for debt-ridden Greece. The first condition is the participation of the private sector in the bailout. As Miklos said, the involvement of the private sector is to ensure that the bill won’t be shouldered exclusively by taxpayers but also by lenders that earned on Greece’s overconsumption. Slovakia also requires a far-reaching agreement of Greek political parties including the representatives of the opposition to fulfill the country’s commitments. As Miklos continued, Slovakia would also insists on privatization of Greece’s state assets, guarantees that we will not lose our money as well as on the involvement of the International Monetary Fund (IMF).

SITA

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Viac k osobe Ivan MiklošRichard Sulík