Bloomberg News

Slovakia’s Radicova Says EU May Not Reach Accord on Greece Today

October 26, 2011

Oct. 26 (Bloomberg) -- Slovak Prime Minister Iveta Radicova said European Union leaders meeting in Brussels today may not reach an agreement on the size of bondholder writedowns on Greek debt.

“The question is whether we will reach an agreement on Greece,” Radicova told reporters today in Bratislava. “It seems that Greece must reduce debt more significantly. Slovakia says that the haircut must exceed 50 percent.”

She said “this is the only open issue” regarding Greece at the summit.

To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net

To contact the editor responsible for this story: Jones Hayden at jhayden1@bloomberg.net


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