Backstory: Slovakia's Rejection of the Eurozone Debt Plan
Thursday, October 13, 2011
On Thursday, Slovakia's parliament approved the latest proposal to address the Eurozone's debt crisis, but it was the second time that the measure came to a vote this week. On Tuesday, the parliament had rejected it. On today’s second Backstory, Peter Spiegel, Brussels Bureau Chief for the Financial Times, discusses some of the reasons behind the rejection and how the Eurozone’s smaller countries feel about the plans to stabilize the economy that have been developed by the larger economies of France and Germany.