11th Hour Decision Pushed To Milliseconds Before Midnight As Slovakia Fails To Reach EFSF Decision

Tyler Durden's picture

Just out from Reuters:

  • SLOVAK COALITION TALKS ON EFSF END WITH NO DEAL, TO CONTINUE TUESDAY MORNING - PARTY LEADER
  • SLOVAK PM RADICOVA SAYS NO DEAL ON EFSF ON MONDAY, MORE TALKS 0700 GMT ON TUESDAY

More:

Slovak party leaders reached no agreement on a plan to give more power to euro zone's EFSF bailout fund on Monday and negotiations will continue on Tuesday morning, chief Bela Bugar of the Most-Hid party told reporters.

It appears the euro likes to live very dangerously. Just bribe all the people involved already. Which, of course, is precisely what will likely happen, and a favorable last minute resolution (tomorrow is the deadline), will butcher any and all EUR shorts. Of course, if Slovak politicians actually have this thing called conscience and don't have this thing called Swiss bank accounts, then all bets are off.