Sponsored Content
Banking Union: Czech Republic Cautious
People ♦
Published: December 15, 2012; 16:31 ♦ (Vindobona)

For the time being, the Czech Republic will not join the single supervising mechanism.

The Czech Prime Minister Petr Necas explained that his country will not join the banking union now. Non-Eurozone member state are entitled to enter the banking union on a voluntary basis. According to Necas, the Czech Republic has no reason for that. In the next years, the Czech Republic, Poland, Hungary and Sweden will remain observers, he said. As a result, the Czech Republic is not…
or Log In
Fast News Search