- CNTV English - CCTV News

Slovakia rejects Greece loan

08-13-2010 08:44 BJT

Watch Video

Play Video

The European Commission has downplayed fears that Slovakia's rejection of emergency loans for Greece could threaten future use of its rescue package.

Slovakia's Parliament approved the multi-billion financial rescue fund, but rejected providing a loan to debt-stricken Greece. The fund was agreed upon by European Union leaders in May.

It aims to restore market stability by creating a financial backstop for euro states that risk default. An EU spokesman indicated that there would be no impact on the financial assistance to Greece.

Amadeu Altafaj-Tardio, European Commission Spokesman, said, "We can only regret, we take note of the vote of course, it's the vote of a sovereign parliament that we respect fully, but we consider this to be a breach - first of the commitments undertaken by Slovakia in the Euro group and the ECOFIN, and more generally speaking, a breach of the solidarity that should prevail in the Euro group, among new area member states especially, when going through difficult times."

Editor:Zhang Jingya |Source:

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program