Belgium modernises central bank statute

bank-of-belgium

The National Bank of Belgium has called an extraordinary general meeting to discuss proposed amendments to the central bank's statute, which sets out the rules governing the central bank.

At first glance many of the changes are straightforward, perhaps even petty, modernisations, with ancient rules being removed. These include one demanding that the governor "shall be required to reside in Brussels" and the fact that "the annual accounts and the distribution of the profit shall be published in t

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