European Financial Stability Facility (EFSF)

Slovakia has become the final eurozone nation to approve the expansion of the European Financial Stability Facility after its parliament ratified the plan at a second vote.

Slovakia has stalled in ratifying measures to revamp the eurozone's European Financial Stability Facility (EFSF) rescue fund, intensifying the threat of contagian within the continent.

INVESTOR SENTIMENT

SAVING THE EURO

Managers fear France could be the next European nation in line for a downgrade as it steps in to support beleaguered bank Dexia.

Eurozone rescue plans may flounder in tehir current form as they do not address the core problems facing the region, Capital Economics has warned.