Czech Republic Won’t Join EU Bank Supervisor, CTK Reports

The Czech Republic won’t put its lenders under the direct supervision of the European Central Bank, CTK newswire reported, citing Prime Minister Petr Necas.

The Czech Republic, a European Union member, isn’t part of the 17-nation euro area.

To contact the reporter on this story: Ladka Bauerova in Prague at lbauerova@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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