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Slovak banks: Special levy unconstitutional
November 11th, 2019
If Parliament approves the doubling of the special bank levy as of next year, banks will unite to take the legislation to the Constitutional Court, the Slovak Banking Association (SBA) announced on Monday. The special bank levy, introduced in response to the crisis a decade ago, will be increased as of 2020 to 0.4 percent of individual banks' liabilities minus their equity.
TASR