Czech Finance Minister: „No Reason to Veto Banking Union“

Politics ♦ Published: December 12, 2012; 22:03 ♦ (Vindobona)

The Czech Minister of Finance Miroslav Kalousek announced that the Czech Republic has no concerns against the banking union in the Eurozone.

Czech Finance Minister: „No Reason to Veto Banking Union“ / Picture: © Vindobona.org

Last week, Kalousek said that the approval of the banking union depends on the rights of the national regulators. Kalousek underlines that national regulators should have the decisive word. Before, Prime Minister Petr Necas reaffirmed that the Czech Republic may use its veto. „We do not know whether there are sufficient measures to prevent a destabilization of the Czech financial…