ECB’s Vujcic Faces Uncertain Future With New Term in the Balance

Reported 4 months ago

Croatia's central bank chief, Boris Vujcic, faces an uncertain future as the country's new government considers whether to grant him a third six-year term. The decision, due by July 13, is complicated by the addition of a nationalist party to the ruling coalition. Vujcic's potential replacement could impact Croatia's influence within the European Union as he is also a possible candidate for the ECB's Executive Board. The situation raises concerns about Croatia's continuity and its monetary policy direction amidst the ECB's potential rate cuts.

Source: YAHOO

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