MPs send amendment to law on CNB to final reading

CZECH REPUBLIC - The Chamber of Deputies today sent to a final reading the government-sponsored amendment to the law on the Czech National Bank (CNB), which corrects the drawbacks of the previous amendment criticised by the European Union.

The EU criticised especially the clauses on the approval of separate operating and investment budgets of the CNB by Parliament and the central bank's duty to reach agreement with the government on the setting of the inflation target.

The final version of the

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