Nečas: Czech Republic will support all steps towards eurozone stability

The Czech Republic will support all steps leading to stabilising the eurozone, Prime Minister Petr Nečas has said. However, he said, such measures should be agreed upon by all 27 members of the European Union and applied only to the common-currency countries, otherwise intergovernmental agreements beyond EU law would not be ruled out. According to Mr Nečas, the Czech Republic is in favour of using the existing legal framework to resolve Europe’s debt crisis, with only certain changes to EU law. Budget policy incursions, he said, should be faced only by countries with pending budgetary problems.