Czech National Bank governor denies offer of key European financial crisis post

The outgoing governor of the Czech National Bank, Zdeněk Tůma, has denied seeking or being offered a job on a newly created body tasked with spotting flaws and upcoming risks for the European economy. According to the Czech business paper E15, Mr. Tůma was offered the chance to head the European Board for Systemic Risk. The body was created last year to help the European Union strengthen its capacity to pinpoint and react to major economic crises. But in a statement, the Czech bank governor denied seeking or being offered the post. The board was initially supposed to be part of the Frankfurt-based European Central Bank but the European Parliament is seeking to make it an independent institution.

Author: Chris Johnstone