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Czech News in English » News » Czech Republic and the EU » EU to 'guarantee' stability of Czech banking sector

EU to ‘guarantee’ stability of Czech banking sector

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The Czech Republic will get “guarantees” from the EU that its banking sector will remain stable, and in exchange Prague will retract its threat to veto the planned transfer of authority to supervise the eurozone’s banking sector to the European Central Bank (ECB), Czech Radio reported quoting a senior diplomatic source.

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