Abstract
Integration process, harmonisation of bank legislation and mutual economic interdependence among European countries contribute to similar evolution of several financial indicators in the European Union. Current financial and economic crisis has revealed that some indicators evolved similarly only in short run and their symmetry among countries was not justified. This was the case of e.g. bond interest rates. However, we supposed that interbank interest rates reflected mutual transmission among the V4 countries and the European Union in long run and that this symmetry was not shattered by crisis. This assumption has not been completely confirmed. Nevertheless, we have confirmed transmission effect in pre-crisis period and significant impact of EURIBOR on local interbank rates. The paper was elaborated within the project VEGA 1/0973/11.
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