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Prof. Dr  Wolfgang Schumann

14.12.10: Should Slovakia prepare the re-introduction of its national currency? - 0 views

  • Slovakia, which joined the eurozone last year, should have a 'plan B' to return to its national currency, the country's parliamentary speaker, Richard Sulik, has said, amid frustration over the way the eurozone is handling the debt crisis. "The time is ripe for Slovakia to stop blindly trust in what eurozone leaders say and prepare a plan B. This is the re-introduction of the Slovak koruna," Mr Sulik said in an opinion piece published in the bussiness daily Hospodarske noviny on Sunday (12 December).
  • The Slovak centre-right government has repeatedly called for private investors to feel the pain of any rescue operation under the eurozone umbrella. It considers the Greek bail-out a mistake that made European governments a hostage to financial markets. The parliamentary speaker said it is "irresponsible" for states to risk financial problems at home by taking on the liabilities of their debt-ridden colleagues under the European Financial Stability Facility, a temporary bail-out tool agreed in May and currently providing aid to Ireland.
Prof. Dr  Wolfgang Schumann

25.11.10: Is Slovakia the only member state recognizing the dangers of the current atte... - 0 views

  • Since it came to power in July this year, the Slovak centre-right government has called for private investors to feel the pain of any rescue operation under the eurozone umbrella. It considers the Greek bail-out "essentially a mistake" and a "precedent" that made European governments a "hostage" of financial markets. "If we continue this way, we are close to a pyramid scheme," the Slovak prime minister, Iveta Radicova, told journalists after the Wednesday government session dealing mainly with Ireland (24 November). She warned that a system of accumulating debts eventually risked falling like "a house made of cards". "Once again, taxpayers are expected to pay the bill. Once again, the banks are being rescued," Ms Radicova said, hinting that Lisbon and Madrid could be next going cap in hand to their EU colleagues.
Prof. Dr  Wolfgang Schumann

30.12.08: Ten years on, eurozone takes on a16th member - 0 views

  • Ten years after the original 11 countries in western Europe set up a common currency, the monetary union is due to enlarge to Slovakia, as its 16th member state and the first in central Europe to switch to the euro.
  • "The Slovak economy was able to fulfil al the conditions required to join the euro less than five years after the country entered the EU and this had required a political will and a very dynamic economy. Now it's the time to reap the benefits of sharing the same currency," with 325 million Europeans in the 15-strong eurozone.
Prof. Dr  Wolfgang Schumann

16.06.08: Sarkozy heads to Prague for emergency EU treaty talks - 0 views

  • French president Nicolas Sarkozy will today (16 June) fly to Prague for emergency talks on the Lisbon Treaty with the prime ministers of the Czech Republic, Hungary, Poland and Slovakia, with Czech president Vaclav Klaus declaring the treaty dead after the Irish No vote. "The project is over in its entirety," Czech president Vaclav Klaus said after the rejection of the EU pact by Irish voters last week, AFP reports. "It makes no sense to continue the ratification of a dead document."
  • The Czech Republic will take over the EU's rotating presidency from France on 1 January 2009. So far, parliaments in 18 EU member states have approved the Lisbon treaty. The UK has also indicated it would proceed with the document's ratification.
  • Meanwhile, an adviser to Polish president Lech Kaczynski – who still has to complete Poland's ratification by signing the document – has said that Mr Kaczynski should know whether the Lisbon treaty exists before he goes forward. "For now, there is a strong suggestion the treaty may have ceased to exist as it was rejected by one [EU] country," the presidential aide, Michal Kaminski, told Polish daily Rzeczpospolita. The Polish prime minister, Donald Tusk, is strongly pro-ratification, however. A TNS OBOP opinion poll over the weekend said 71 percent of Poles would back the treaty if there was a referendum in Poland.
Prof. Dr  Wolfgang Schumann

11.04.08: Slovakia, Poland ratify Lisbon Treaty - 0 views

  • Slovakia has become the ninth country to ratify the new EU Treaty as deputies approved the text by a margin of 103 votes to five - after settling a dispute over a controversial media bill that had dragged on for months.
  • Slovak Prime Minister Robert Fico expressed his relief following the vote, saying "with this document, the EU will be closer to Slovak citizens"
  • Meanwhile, Polish President Lech Kaczynski added his signature to the Treaty, clearing the final hurdle in the country's ratification process. It had already been approved by both chambers of the Polish Parliament last week (EurActiv 02/04/08).  The Polish president and his brother, former prime minister and current opposition leader Jaroslaw Kaczynski, had long delayed ratification, demanding legal guarantees that the new Treaty would not threaten Polish interests.  Ahead of Poland and Slovakia,  seven countries have ratified the Treaty, namely Bulgaria, France, Hungary, Malta, Romania, Slovenia and Austria, which was the most recent signatory (EurActiv 10/04/08). The text has to be approved by all 27 member states to enter into force. 
Prof. Dr  Wolfgang Schumann

08.02.08 French lawmakers approve EU Treaty, Slovakia postpones again - 0 views

  • Three years after French citizens said 'no' to the European constitution, French MPs and senators on Thursday voted to adopt the EU's new 'Reform Treaty'. Meanwhile, the Slovakian parliament indefinitely postponed a vote on its ratification amid wrangling in parliament.
  • Thus far, Hungary, Romania, Slovenia and Malta have already ratified the treaty. All four did so by parliamentary vote (see EurActiv 18/12/07, 30/01/08, 05/02/08).  French approval of the Lisbon Treaty is seen as crucial to restore the country's European reputation after the French people rejected the European Constitution - written by former French President Valery Giscard d’Estaing - in 2005.  The rejection, which was considered a personal defeat for then-President Jacques Chirac, delivered a serious blow to the project of European integration and left Europe reeling for several years. 
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