Darko Bandic, File, Associated Press
LJUBLJANA, Slovenia — Slovenia's toppled government pledged Wednesday to keep working on ratifying a key European Union bailout fund for debt-strapped eurozone nations.
Slovenia's left-leaning government was ousted in a parliament confidence vote Tuesday, further complicating Europe's debt crisis as the small eurozone nation becomes politically unstable. It is to remain in office until a new government is chosen.
There are fears in Europe that a political deadlock may delay Slovenian approval of EU's rescue fund for troubled nations, known as the European Financial Stability Facility. The enlarged fund, which buys government bonds of shaky eurozone countries or lends money quickly to governments before they get into a full-blown crisis, has to be ratified by all 17 eurozone states to take force.
Slovenia's finance ministry said Wednesday that a legislative process to ratify the EFSF in the parliament has begun and that it hopes the bill will be adopted during a vote scheduled for Sept. 27.
European Commission spokeswoman Pia Ahrenkilde Hansen said in Brussels that "in this new situation, we do have full confidence in the democratic institutions of Slovenia to meet its obligations and fulfill its commitments."
Prime Minister Borut Pahor's government fell after months of disagreements between ruling coalition partners and several Cabinet resignations. The opposition had accused the minority government of corruption and mishandling the economy.
Slovenian President Danilo Turk is now to pick a new prime minister within seven days, who then has 30 days to form a new government. If this fails, early elections are called, probably in December.
Turk, who is attending the U.N. General Assembly in New York, is returning to Slovenia early to deal with the crisis.
"I regret that problems in Slovenia have spread to such degree," he said. "I urge all political actors to act wisely, and find a solution as fast as possible."
Dusan Stojanovic in Belgrade contributed.
- Photo gallery: Tornado rips Oklahoma suburb
- Crews race to find survivors of Oklahoma...
- Journalists criticize Obama administration,...
- Top scandals and controversies of each United...
- Should we let wunderkinds drop out of high...
- Mile-wide tornado churns through Oklahoma...
- World War II munitions with mustard agent...
- Oklahoma, other tornado-hit states brace for...
- Mitt Romney talks IRS, AP records,... 65
- Journalists criticize Obama... 33
- Associated Press CEO calls records... 23
- White House insists Obama was not... 22
- House chairman sees IRS targeting as... 16
- Supreme Court to weigh in on... 15
- Republicans try to link IRS scandal,... 12
- Tea party looks to take advantage of... 12