Slovakia Approves Bailout Fund Increase

Game back on in Slovakia since “opposition leader Robert Fico, head of the Smer-Social Democracy party, announced that he had struck a deal with the remnants of Radicova’s coalition, promising to back the fund in exchange for early elections that analysts say Fico’s party is well positioned to win.”

Remember you heard it here first. The vote didn’t fail because because there was no majority support for the bailout, it failed because Fico was seeking unrelated concessions.