Czech Nat Bank vice-governor reappointed

CZECH REPUBLIC - As expected, President Vaclav Havel has reappointed Ludek Niedermayer, a vice-governor of the Czech National Bank (the central bank), to a second six-year term on the bank's rate-setting board.

Mr Niedermayer, 35, who joined the seven-member board in 1996 and became a vice-governor in December 2000, is generally said to favour a tight monetary policy. But his reappointment a few months ahead of this summer's parliamentary elections has so far generated little protest among

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