Slovakian PM Is About To Commit The Ultimate Act Of Personal Sacrifice In Order To Save The Euro

iveta radicova

Photo: Wikimedia Commons

UPDATE: Check out our live coverage of the Slovakia vote.Having failed so far to cobble up enough votes in order to approve the expansion to the EFSF, Slovakian PM Iveta Radicova is about to commit the ultimate personal act of sacrifice.

According 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.

DON’T MISS: The details of exactly what’s going to happen in Slovakia >

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.

Tagged In