Senior Estonian central bankers to sit on fiscal watchdog

Bank of Estonia

The Bank of Estonia's supervisory board has appointed two of the central bank's most senior economists to sit on a new fiscal council – an independent body tasked with assessing the country's fiscal policy.

European law requires each EU member state to have at least one independent institution that provides provide macroeconomic and fiscal advice to the government.

Estonia is establishing a six-member council for this purpose, which will feature a deputy governor from the Bank of Estonia, Ülo Ka

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