Slovakia appoints new governor

Euro sign, Frankfurt

Jozef Makúch, an executive director and board member of the National Bank of Slovakia, was formally appointed as the central bank's new governor on Tuesday, gaining him entry to the European Central Bank's (ECB) governing council.

Makúch, who was sworn in by Ivan Gasparovic, the central European nation's president, was chosen by the Slovak government to head the central bank on 10 December last year. His name was put forward after Ivan Šramko, the incumbent, declined the offer of a second term

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