Mediafax (Mediafax)
Politics and Events  |  November 23, 2012 10:24:34, updated

Hampl and Tomsik re-elected to the Bank Board of the Czech National Bank


PRAGUE (MEDIAFAX) - Vice-Governor Mojmir Hampl and Vladimir Tomsik again became the members of the Bank Board of the Czech National Bank (CNB), President Vaclav Klaus on Friday appointed to the position. Both members had in December ended a six-year term.

"I watched you in the last years in office were doing and I did not hesitate because the appointment as defined in the sequel," said the president. CNB in ??his words well, and he hopes that the bank gets new wings appointment and will continue to strive for the Czech economy and the currency was in order. Klaus also hoped that the CNB resisted all "serious miscalculation European experiments" that could damage the Czech currency.

"When we got six years ago, the Czech National Bank at the time dealt with other issues. Were we in the economic boom in the six years to come a long way.Today, the Czech economy is in recession, we are dealing with a lot of things coming from the European Union, but inflation, for which the Czech National Bank is responsible, it is still very close to the inflation target, "he said when appointing Tomšík.

"A separate question is what awaits us in the next six years, the stability of the financial sector and regulation coming from the European Union, but also it will be from the perspective so that we can fulfill the basic aim, which is the domestic price level stability, stability of prices, including the exchange course, "said CNB Vice-Governor.

The president responded to Tomšíková words that the Czech National Bank should not even try so that inflation neared its inflation target, but to be minimized.

The Board is the highest governing body of the CNB and consists of seven members. In addition to her vice znovuzvolených also include Governor Miroslav Singer and the other members are Kamil Janacek, Lubomir Lízal, Paul and Eva Řežábek Zamrazilová.

Council shall formulate the monetary policy of the country and the instruments for the implementation of, decides on fundamental monetary policy measures of the CNB and measures in the field of financial market supervision.

Miroslav Kyncl, Denisa Šindlerová, sindlerova@mediafax.cz

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