Central Banking

Czech Vaclav Klaus and CNB Tuma fail to agree

Czech opposition Civic Democratic Party (ODS) leader Vaclav Klaus and central bank governor Zdenek Tuma today failed to reach agreement on the method of CNB's communicating with other state bodies, Klaus told journalists after the meeting.

Klaus said that he and Tuma did not have the same opinion on what elementary communication of the central bank with other state bodies meant. Klaus said that while Tuma was in favour of a very restricted and irregular communication, he thought the communicat