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Government of the Republic of Hungary : Non-Eurozone members in a much better position regarding the banking union

12/13/2012 | 10:23am EST
December 13, 2012 4:05 PM

Conditions under which non-Eurozone countries may join the new European banking supervisory system are appropriate, Prime Minister Viktor Orbán said on Thursday.

"In view of the proposals, we are in a much better position than anticipated," the Prime Minister told reporters in Brussels. The non-Eurozone countries are now free to decide whether or not they wish to join the European banking supervisory system. "Sometimes even we can be lucky," he said.
Prime Minister Orbán arrived in Brussels earlier today to attend a session of European People's Party leaders, hold a consultation with Visegrád Four counterparts, and take part in the EU's two-day summit meeting, starting late afternoon. The summiteers will focus on economic and financial issues, primarily the banking union.

(Prime Minister's Office)

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