Hungary's Interests Have Been Asserted At The Brussels Summit

  • 17 Dec 2012 8:00 AM
Hungary's Interests Have Been Asserted At The Brussels Summit
Hungary has successfully asserted its interests concerning the European Union's planned banking union at an EU summit in Brussels, Prime Minister Viktor Orbán announced at a press conference following the summit.

Hungary is not being pressed for a decision; the country can decide at any time whether it wishes to join the community's planned system of central banking supervision, the Prime Minister said.

He added that the summit's conclusions had met Hungary's expectations, namely that the banking union should not involve competitive drawbacks for the country, that joining the union should not be made mandatory for countries outside the euro zone, or that newcomers should not be considered as second-class members in the banking union.

Source: kormany.hu

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