Norges Bank appointment process stirs debate on independence

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The selection process to appoint Norges Bank’s next governor is stirring a passionate debate in Norway about the central bank’s independence.

Øystein Olsen, in office since January 2011, will not complete his second six-year term as governor. In August, he announced he will leave at the end of February.

Deputy governor Ida Wolden Bache was seen as the leading candidate to succeed him and become Norges Bank’s first female governor. However, the process dramatically changed in December when Jens

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