Changes to Greece Bailout Act
In line with the decision of the eurozone leaders, Greece is to pay the rate of 1.5 percentage points over Euribor regardless of the maturity of loans. The rate was lowered from 3 percentage points for loans with maturity of up to three years and 4 points for loans with maturity of over three years.
The minister also said that helping Greece is important for Slovenia, as it reduces the danger of chain reactions and instabilities in the eurozone. Slovenia is fourth or fifth country that could see its loan conditions worsen if there are further tensions in the eurozone.
The amendments received the support of all deputy groups, but the opposition used the opportunity to criticise the objections of ruling Democrats (SDS) to the original act.
Alenka Bratušek, a deputy of Positive Slovenia (PS), said that when the act on loans to Greece was passed in parliament in the previous term five incumbent ministers and the incumbent prime minister voted against it.
She pointed out that the SDS, which was in the opposition at the time, insisted that it was inappropriate and unfair and that the Slovenian public sector will have to tighten the belt for the sake of Greek public sector employees, who already enjoy a higher standard of life and have higher wages.
"Today you will get the answer on how a responsible opposition behaves and votes," Bratušek said in the debate. "What is good for the state must also be good and acceptable to us."
Matevž Frangež of the Social Democrats (SD), noted that the SDS agitated against Greece and its people while in the opposition, adding that power changed a person indeed.
He said that Slovenia had always been a responsible player in solving of eurozone crisis. The continuation of the crisis will only prolong the period of uncertainty that effects the Slovenian economy.