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Central bank to get new vice-governor

THE NATIONAL Bank of Slovakia is to get a new vice-governor. Finance Minister Ivan Mikloš has proposed that his deputy, the former journalist Vladimír Tvaroška, replace Elena Kohútiková, who is ending a six-year term with the bank.

The cabinet is expected to approve Tvaroška's nomination on March 8, while parliament will also have to give its consent.

According to the Hospodárske Noviny daily, Tvaroška has worked with Mikloš since 1999, first as his advisor and then as deputy finance minister.

Tvaroška, a former reporter with the Pravda daily, helped to prepare the country's fiscal decentralization program and to consolidate public finances. He also assisted on Slovakia's entry to the ERM II mechanism, the precursor to adoption of the euro currency in 2009.

Compiled by Beata Balogová from press reports
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