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CEE Countries May Join Banking Union
Politics ♦
Published: December 13, 2012; 22:18 ♦ (Vindobona)
ECB will become the main supervisor for the Eurozone´s banking industry. Non-Eurozone member countries are entitled to opt-in.
CEE Countries May Join Banking Union / Picture: © Vindobona.org
In future, ECB will supervise 200 big banks in the Eurozone which are systemically relevant or which have received public aids. Banks with total assets of more than € 30bn or of more than 20% of the country´s GDP are systemically relevant.
Also those countries which are no Eurozone members are entitled to join the banking union. However, countries like Poland, the Czech…
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