Central Banking

Gaspari - Slovenia's new central bank governor

SLOVENIA - On Apr 1, Mitja Gaspari begins a six year term as governor of the Bank of Slovenia, replacing France Arhar, who headed the central bank for 10 years. He was elected by a majority vote (53:14) by parliament, with 14 MPs abstaining.

"The time will tell if the independence of Bank of Slovenia will be reduced or not, but the fact is that inflation is the only pressure that could be exerted upon the central bank. To fight it, the Bank of Slovenia has its own instruments and mechanisms,