If we have a common currency, the main regulator for policy in the country is the fiscal policy.
Iveta RadicovaIt is the entire euro zone system which is under threat at the moment, not just a few small countries anymore... Our euro is under threat. The changing situation needs a quick and immediate reaction.
Iveta RadicovaIf another euro country fails, so does Slovakia. Our economy is 80% open and if the citizens of Spain and Portugal have no money to buy cars made here in Slovakia then that will be bad for us. Everything is connected.
Iveta RadicovaFrom my point of view it's impossible to cut debt in a country with new debt from another country.
Iveta Radicova