Feb 18 • 16:32 UTC 🇸🇰 Slovakia Denník N

Kažimír has been in the NBS for almost nine months, the coalition has no replacement for him

Peter Kažimír continues to serve as the governor of the National Bank of Slovakia despite the expiration of his term almost nine months ago, with the government yet to propose a replacement.

Peter Kažimír's term as governor of the National Bank of Slovakia (NBS) has officially ended nearly nine months ago, yet he remains in his position. This situation has sparked discussions, especially after a recent case involving the Slovenian central bank governor who was unable to vote at the European Central Bank (ECB) due to similar circumstances. Unlike other leadership positions within the central bank, Kažimír must wait for the government to appoint a new governor to take over his responsibilities.

The Slovak government has been notably inactive regarding replacing Kažimír, with no candidates mentioned among lawmakers or in financial circles. There is a distinct absence of discourse about him potentially being nominated for a second term. Sources indicate that the appointment of new officials to such high-ranking positions could lead to unnecessary friction within the ruling coalition, possibly complicating the already delicate political landscape in Slovakia.

As the situation persists, questions arise regarding the implications for the NBS and its operations under prolonged leadership without formal appointment. The lack of a successor could impact the decision-making process at the NBS, particularly in terms of policy directions and responses to economic challenges. This scenario also reflects broader issues of governance and stability within Slovakian politics, where coalition dynamics play a crucial role in state affairs, especially in critical economic institutions.

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