Central Banking

Salaries of CNB chiefs down almost 50%

The salaries of members of the Czech National Bank board will be lowered to almost one half starting next year as a result of the new amendments to the law on the central bank. The amendment sets new rules for remunerating the bank's board members so that the governor will have the same salary as the premier, vice-governors the same salary as vice-premiers and the rest of the board will have pays on the level of ministers.

"It is true that salaries of the bank board will be lower," the bank's

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