IPFS News Link • Economy - International
The Slovakian PM Is About To Commit The Ultimate Act Of Sacrifice In Order To Save The Euro
• www.businessinsider.comAccording to Dow Jones' Katie Martin, Radicova has promised that if the first vote on expanding the EFSF fails, she will hold a second vote that links an EFSF expansion to a vote of confidence on her government.
The idea: She can get more votes for the expansion, and pass the EFSF vote, provided she's willing to offer up her head, and risk sacrificing her political career.
It's a huge act of selflessness on behalf of such a messed up system.
The first voting should be held in a few hours, but it could be an interesting day. Stay tuned.
Meanwhile, markets are nervously selling off ahead of the action.