Central bank Governor Šramko honoured

THE BRITISH monthly magazine The Banker has named the governor of Slovakia's central bank, Ivan Šramko, as its Central Banker of the Year for 2006.

Central bank spokesman Igor Barát said that Šramko had received the award for his "cautious approach to the fulfilment of the requirements for the introduction of the euro and for strengthening bank supervision, which gained praise from the International Monetary Fund".

The magazine also praised the early entry of the Slovak currency into the ERM II exchange rate mechanism ahead of scheduled euro adoption in 2009 as a prudent move towards maintaining the stability of the Slovak currency.

Compiled by Martina Jurinová from press reports
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