Listen Download Podcast
  • RFI English News flash 04h00 - 04h10 GMT Mon-Fri
    News bulletin 05/22 04h00 GMT
  • Paris Live AM 04h10 - 04h30 GMT Mon-Fri
    Features and analysis 05/22 04h10 GMT
  • RFI English News flash 05h00 - 05h10 GMT Mon-Fri
    News bulletin 05/22 05h00 GMT
  • Paris Live AM 05h10 - 05h30 GMT Mon-Fri
    Features and analysis 05/22 05h10 GMT
  • RFI English News flash 06h00 - 06h10 GMT Mon-Fri
    News bulletin 05/22 06h00 GMT
  • Paris Live AM 06h10 - 06h30 GMT Mon-Fri
    Features and analysis 05/22 06h10 GMT
  • RFI English News flash 06h30 - 06h33 GMT Mon-Fri
    News bulletin 05/22 06h30 GMT
  • Paris Live AM 06h33 - 06h59 GMT Mon-Fri
    Features and analysis 05/22 06h33 GMT
  • RFI English News flash 07h00 - 07h10 GMT Mon-Fri
    News bulletin 05/22 07h00 GMT
  • RFI English News flash 07h30 - 07h33 GMT Mon-Fri
    News bulletin 05/22 07h30 GMT
  • RFI English News flash 14h00 - 14h03 GMT Sat-Sun
    News bulletin 05/20 14h00 GMT
  • RFI English News flash 14h00 - 14h06 GMT Mon-Fri
    News bulletin 05/22 14h00 GMT
  • Paris Live Weekend 14h03 - 14h30 GMT Sat-Sun
    Features and analysis 05/20 14h03 GMT
  • Paris Live PM 14h06 - 14h30 GMT Mon-Fri
    Features and analysis 05/22 14h06 GMT
  • RFI English News flash 14h30 - 14h33 GMT Mon-Fri
    News bulletin 05/22 14h30 GMT
  • Paris Live PM 14h33 - 14h59 GMT Mon-Fri
    Features and analysis 05/22 14h33 GMT
  • RFI English News flash 16h00 - 16h03 GMT Sat-Sun
    News bulletin 05/20 16h00 GMT
  • RFI English News flash 16h00 - 16h06 GMT Sat-Sun
    News bulletin 05/22 16h00 GMT
  • Paris Live Weekend 16h03 - 16h30 GMT Sat-Sun
    Features and analysis 05/20 16h03 GMT
  • RFI English News flash 16h30 - 16h33 GMT Mon-Fri
    News bulletin 05/22 16h30 GMT
  • Paris Live Weekend 16h33 - 17h00 GMT Sat-Sun
    Features and analysis 05/20 16h33 GMT
To take full advantage of multimedia content, you must have the Flash plugin installed in your browser. To connect, you need to enable cookies in your browser settings. For an optimal navigation, the RFI site is compatible with the following browsers: Internet Explorer 8 and above, Firefox 10 and +, Safari 3+, Chrome 17 and + etc.
Europe

Slovakia votes for second time on crucial eurozone rescue fund

media Leader of SMER-Social Democracy party Robert Fico traded early election … Reuters/Petr Josek

The expansion of the eurozone rescue fund, the EFSF, could get the go-ahead on Thursday after Slovakia's parliament prepared to reconvene for a fresh vote two days after having failed to ratify the move. Slovak approval is the final hurdle to expand the bailout fund to 440 billion euros to help prevent the spread of the eurozone's ongoing debt crisis.

 

Before the vote, expected later on Thursday or Friday, parliament is expected to approve a law on an early election, the price for the backing of Robert Fico's opposition left-wing Smer-SD in the vote. Slovakia's outgoing government met on Thursday before parliament was to open to formally agree on the snap election, set for 10 March next year.

All 17 members of the eurozone must back the expansion of the eurozone's rescue fund, but Slovakia became the only exception after a make-or-break vote failed late Tuesday.

Dossier: Eurozone in crisis

The junior coalition liberal party Freedom and Solidarity deserted Prime Minister Iveta Radicova, angry that the country, the eurozone's second poorest, would have to join a bailout fund for far richer eurozone members.

Europe breathed easier on Wednesday after Slovak parties agreed to hold the new vote this week.

Meanwhile, France says banks exposed to Greek debt will probably face bigger losses than first thought.

Ahead of a weekend meeting of G20 finance ministers in Paris, the finance ministry said the final figure would be more than the 21 per cent estimated so far. EU states are expected to set up a mechanism to allow banks in difficulty to seek assistance.

It had been reported that France wanted the EFSF to be modified to allow it to support banks, but Paris says this is not now the case.

 

Related
 
Sorry but the period of time connection to the operation is exceeded.