Serbia law tightens control over central bank

Serbia's parliament approved on the 3 August 2012 a new central bank law criticised by the EU and IMF, who said it stripped away the bank's independence.

The central bank's governor, Dejan Soskic, resigned on the 2 August 2012 in protest at the new law.

The FT reported on the 8 August 2012 that Serbia was likely to face renewed international criticism after appointing a ruling party official, Jorgovanka Tabakovic, as head of the country’s central bank.

• Primary Source

EurActiv, 16.8.12: New Serbian government ensnared in economic problems http://www.euractiv.com/enlargement/new-serbian-government-gets-enta-news-514304

EurActiv, 24.8.12: IMF to probe Serbia over National Bank independence http://www.euractiv.com/enlargement/imf-probe-serbia-national-bank-i-news-514446

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