Slovakia to back Eurobonds proposal

Slovakia is backing France's initiative to issue eurobonds to fund specific investment projects as well as cover debts pertinent to eurozone countries, Premier Robert Fico said at a session of the parliamentary committee for European affairs on Monday. "French President Francois Hollande has indicated that both project and standard eurobonds are his foremost priority and one that should lead to some sort of restructuring of European debt. Our view for now is that when this idea comes up for debate we'll stand on France's side," said the Slovak premier.