Central Banking

New Czech central bank head faces political row

Czech President Vaclav Havel chose Zdenek Tuma as the country's new central bank governor on Friday, setting up a showdown between Tuma and the government over future interest rate policy. Tuma, 40, will be officially appointed next week for a six-year term beginning on December 1. Havel also said that Michaela Erbenova and Jan Frait had been appointed to the bank board, while Ludek Niedermayer was elevated to vice-governor from chief executive director.

Tuma, a tennis and skiing fan, joined

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: