NBS management weakens as fourth council member quits

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A fourth member of the Council of the Governor of the National Bank of Serbia (NBS) resigned on August 14, leaving just one member remaining.

Kosta Josifidis explained the reason for his departure was "fundamental changes" in the functioning of the NBS, including "personnel changes". The Serbian government recently replaced the governor of the central bank with a member of the governing coalition, Jorgovanka Tabaković, following amendments to the central bank law. A flurry of resignations

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