Civic Democratic leadership takes strong stand against EU banking union


The executive board of the Czech Civic Democrats have called on Prime Minister Petr Nečas and party members to side strongly against the Czech Republic joining the planned European banking union. Many members of the Civic Democratic Party are warning that a Europe-wide banking union would be a step towards further EU integration and possible changes in European treaties. The European Commission is expected to submit a proposal of the banking union in the first two weeks of September. The union could potentially be one of the bigger issues debated ahead of regional and Senate elections to be held in the Czech Republic in the autumn.