The fall of the Radical government to help Greece was useless, thinks the economist. We made a mistake, Sulik acknowledges



"The fall of the Slovak government for aid to Greece was unnecessary, it turned out to be a delay, as the country is returning to the financial markets, if the eurozone had left Greece, the costs would be disproportionately higher for the Member States than the total its reputation and suffered far worse consequences and damage, "said Vaño.

End of the rescue program

The current account for aid to Greece has reached almost € 290 billion. On the third and final rescue plan worth € 86 billion, Athens agreed with European creditors in 2015. "Greece has taken on its own feet and can refinance its own needs, but still has to meet the strict criteria of creditors, the European Commission, the European Central Bank and the International Monetary Fund must achieve a primary surplus, ie Public finances, after interest and debt repayments are reduced, and the end of the rescue program does not mean the end of the draconian treatment of the economy, "said Vaño.

The Greek economy has returned to growth

The Greek economy returned to growth, reflecting bottom-up from -5.5% in 2010 to 1.4% in 2017, and is expected to remain around 2% in 2018 and 2019. It also improves export performance. Yet most people do not feel that way.

"The tax on measures and the exit from the crisis is that the real Greek economy has declined by more than a quarter compared to the pre-crisis period, but unemployment fell from 28% to 20%, but mainly due to low-paid jobs the minimum level of wages of € 580. Although people have a job, a regular income, but they cover their expenses, "added Van.

Radicova is worth your decision

The European System of Financial Supervision (ESFS), the temporary Euroval, has reached its goal. The euro zone is the worst, including Slovakia. Former TASR said former Prime Minister Iveta Radicova said that Greece had completed its last triennial rescue plan, approved in August 2015, which allowed him to overcome the debt crisis. For the European Stability Mechanism (ESM), the permanent Euroval and the aid of Greece to the Radic government. Radicova is worthy of the decision to combine the voice of the permanent euro vote with the confidence of the government.

"Today we are not convinced that the ESFS has not achieved its goal, although of course we do not say that there are no risks, but we are out of the worst, including Slovakia, of course thanks to synergy with other instruments and institutions. "said Radicova. She recalled that most of the EU countries had taken the financial crisis in 2009 and that it is clear that common tools are needed to tackle bankruptcy and rising unemployment.

The Prime Minister emphasizes that the EFSF has approved the parliament throughout the political spectrum. "We agreed to refuse to participate in an emergency loan to Greece, so we agreed with the need for a rescue mechanism for the euro zone, and that is what happened." ESFS first gave financial support to Ireland, followed by Portugal, "said Radicova.

Later, the aid strategy was changed and the country had to apply for funding on the basis of the approved national reform program to restore the economy under strict conditions. "Only after the approval of the program have the ministers of finance approached the approval of the aid," she said.

The former Head of the Cabinet pointed out that the ESFS expired for Ireland in December 2013, for Portugal in May 2014 and for Greece in June 2015. "Since then, the ESFS has not granted any new financial support, and there are no outstanding commitments to it. ESFS The ESFS has an AA rating and has only paid back debts since June 2015, "she added.

It is forbidden that only Greece has not solved

According to Radičová, it has been somewhat forgotten that Europe has not solved Greece in 2010-2011 alone. "But we have had to deal with a systemic deep financial crisis in the EU and the euro zone, but the changes in the ESFS have led to a crisis and a split in the coalition government in Slovakia." In similar serious situations, the standard procedure is to combine voting in the case with a vote of confidence – and finally, the only way to overcome the break and confirm the legitimacy of the government or the ruling coalition, "Radičová concluded.

Sulik: We made a mistake

Greece is in recession, its debt burden is threatening, it can take up to 20 years. This country does not belong to the euro area. This is spoken by SaS chairman and MEP Richard Sulík, who would not change his opinion on the Euroval problem for years. For this the government of Iveta Radičová fell when SaS refused to support him.

"When we voted, we made a mistake, we were in the hall and when we left, our coalition partners could believe what we have been repeating for months – that we do not vote for them and that they can also be kept in any other way," TASR Sulik said.

Others would be that SaS MPs would leave the bargaining room. "If I ask if I agree to send money to Greece, my answer" no "has not changed for years," he added.

He points out that Greece is in recession for seven years. "The trade balance of Greece and its debt burden threaten today, when the crisis began, they had a debt of 200 billion euros, today it is 300 billion, and if the EU booming and Greece would not in the euro zone, it would ultimately worry, "Sulik said.

Greece will take it from time to time. "But this can take 20 years, and it will be very difficult for them for 20 years, and I think Greece is not part of the euro zone, but it is too strong." By the time he entered Greece, Greece disturbed data, distorted statistics, he concluded.

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The fall of the Radical government to help Greece was useless, thinks the economist. We made a mistake, Sulik acknowledges



"The fall of the Slovak government for aid to Greece was unnecessary, it turned out to be a delay, as the country is returning to the financial markets, if the eurozone had left Greece, the costs would be disproportionately higher for the Member States than the total its reputation and suffered far worse consequences and damage, "said Vaño.

End of the rescue program

The current account for aid to Greece has reached almost € 290 billion. On the third and final rescue plan worth € 86 billion, Athens agreed with European creditors in 2015. "Greece has taken on its own feet and can refinance its own needs, but still has to meet the strict criteria of creditors, the European Commission, the European Central Bank and the International Monetary Fund must achieve a primary surplus, ie Public finances, after interest and debt repayments are reduced, and the end of the rescue program does not mean the end of the draconian treatment of the economy, "said Vaño.

The Greek economy has returned to growth

The Greek economy returned to growth, reflecting bottom-up from -5.5% in 2010 to 1.4% in 2017, and is expected to remain around 2% in 2018 and 2019. It also improves export performance. Yet most people do not feel that way.

"The tax on measures and the exit from the crisis is that the real Greek economy has declined by more than a quarter compared to the pre-crisis period, but unemployment fell from 28% to 20%, but mainly due to low-paid jobs the minimum level of wages of € 580. Although people have a job, a regular income, but they cover their expenses, "added Van.

Radicova is worth your decision

The European System of Financial Supervision (ESFS), the temporary Euroval, has reached its goal. The euro zone is the worst, including Slovakia. Former TASR said former Prime Minister Iveta Radicova said that Greece had completed its last triennial rescue plan, approved in August 2015, which allowed him to overcome the debt crisis. For the European Stability Mechanism (ESM), the permanent Euroval and the aid of Greece to the Radic government. Radicova is worthy of the decision to combine the voice of the permanent euro vote with the confidence of the government.

"Today we are not convinced that the ESFS has not achieved its goal, although of course we do not say that there are no risks, but we are out of the worst, including Slovakia, of course thanks to synergy with other instruments and institutions. "said Radicova. She recalled that most of the EU countries had taken the financial crisis in 2009 and that it is clear that common tools are needed to tackle bankruptcy and rising unemployment.

The Prime Minister emphasizes that the EFSF has approved the parliament throughout the political spectrum. "We agreed to refuse to participate in an emergency loan to Greece, so we agreed with the need for a rescue mechanism for the euro zone, and that is what happened." ESFS first gave financial support to Ireland, followed by Portugal, "said Radicova.

Later, the aid strategy was changed and the country had to apply for funding on the basis of the approved national reform program to restore the economy under strict conditions. "Only after the approval of the program have the ministers of finance approached the approval of the aid," she said.

The former Head of the Cabinet pointed out that the ESFS expired for Ireland in December 2013, for Portugal in May 2014 and for Greece in June 2015. "Since then, the ESFS has not granted any new financial support, and there are no outstanding commitments to it. ESFS The ESFS has an AA rating and has only paid back debts since June 2015, "she added.

It is forbidden that only Greece has not solved

According to Radičová, it has been somewhat forgotten that Europe has not solved Greece in 2010-2011 alone. "But we have had to deal with a systemic deep financial crisis in the EU and the euro zone, but the changes in the ESFS have led to a crisis and a split in the coalition government in Slovakia." In similar serious situations, the standard procedure is to combine voting in the case with a vote of confidence – and finally, the only way to overcome the break and confirm the legitimacy of the government or the ruling coalition, "concluded Radičová.

Sulik: We made a mistake

Greece is in recession, its debt burden is threatening, it can take up to 20 years. This country does not belong to the euro area. This is spoken by SaS chairman and MEP Richard Sulík, who would not change his opinion on the Euroval problem for years. For this the government of Iveta Radičová fell when SaS refused to support him.

"When we voted, we made a mistake, we were in the hall and when we left, our coalition partners could believe what we have been repeating for months – that we do not vote for them and that they can also be kept in any other way," TASR Sulik said.

Others would be that SaS MPs would leave the bargaining room. "If I ask if I agree to send money to Greece, my answer" no "has not changed for years," he added.

He points out that Greece is in recession for seven years. "The trade balance of Greece and its debt burden threaten today, when the crisis began, they had a debt of 200 billion euros, today it is 300 billion, and if the EU booming and Greece would not in the euro zone, it would ultimately worry, "Sulik said.

Greece will take it from time to time. "But this can take 20 years, and it will be very difficult for them for 20 years, and I think Greece is not part of the euro zone, but it is too strong." By the time he entered Greece, Greece disturbed data, distorted statistics, he concluded.

Are you a politician? Publish everything you want without editorial editing. Sign up for TU.
Are you a reader and do you want to communicate with politicians? Sign up for TU.


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