MP heads Serb central bank

Published on 07/08/2012 00:00

Serbia appointed an MP from the ruling coalition as governor of its central bank yesterday, deepening concern over the new government’s commitment to reforms sought by the European Union.

Parliament endorsed Jorgovanka Tabakovic, a senior member of the Serbian Progressive Party, to replace Dejan Soskic, who resigned last week over a law stepping up government control over the bank.

The law, adopted on Saturday, creates a parliament-appointed supervisory body to be represented on the bank’s board and gives MPs responsibility for appointing its top management.