Czechs to oppose deeper fiscal integration of EU

Prime Minister David Cameron with Prime Minister Petr Necas of the Czech Republic at 10 Downing Street Credit: Andy Rain/PA Wire

Czech Prime Minister Petr Necas has said that his government mandated him not to accept EU proposals for deeper integration at a summit on Thursday and Friday, specifically mentioning plans to create a banking union.

He said: "The mandate orders me not to accept the proposals that have been in circulated in the media so far...

"Some proposals like the banking union could have extremely damaging impact on the Czech economy."