Estonia close to deciding on next governor appointment


The supervisory board of the Bank of Estonia on January 31 nominated Ardo Hansson as the next governor of the central bank. The Estonian president, Toomas Hendrik Ilves, must now make the final decision on the appointment.

The term of current governor Andres Lipstok is set to expire on June 6, 2012. The new governor must therefore be selected and ready to take over on June 7. The central bank began the process of finding a replacement last year.

Before making this final nomination, the

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