Czech Republic

New Czech central bank head faces political row

Czech President Vaclav Havel chose Zdenek Tuma as the country's new central bank governor on Friday, setting up a showdown between Tuma and the government over future interest rate policy.

Zdenek Tuma likely to become new CNB chief

Zdenek Tuma will become the head of the Czech National Bank, according to information published in today's daily press, replacing Josef Tosovsky who moves to the BIS Financial Stability Institute as of December 1.

Tosovsky at the Financial Stability Institute

Josef Tosovsky, Governor of the Czech National Bank, has announced that he is leaving the central bank to head the Financial Stability Institute at the Bank for International Setlements.

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