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Serbia: Struggle for Central Bank Sharpens

Published: August 6, 2012; 17:44 · (Vindobona)

After the resignation of governor Dejan Soskic, the EU warns Serbia of abolishing the independence of the Serbian Central Bank.

Serbia: Struggle for Central Bank Sharpens / Picture: © Flickr

As the Serbian government intends to cut the Central Bank´s independence, governor Dejan Soskic decided to resign. Soskic reaffirmed his concern about using the Central Banks´s foreign exchange reserves for mending budget holes. According to the government´s plans, the management of the Serbian Central Bank should be elected by the Parliament in future. Moreover, the competences of…

This article includes a total of 252 words.

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