Croatian President Steps In to Defend Central Bank Independence
- President Kitarovic speaks in Bloomberg TV interview in London
- Parliament may approve new government as early as next week
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Croatia’s president backed the independence of her nation’s central bank, signaling opposition to plans by the new coalition’s junior member as a cabinet lineup is finalized.
The new government, which parliament may approve as early as next week, should steer clear of interfering with the bank, President Kolinda Grabar Kitarovic said Wednesday in a Bloomberg Television interview in London. The coalition is led by the conservative Croatian Democratic Union. Its smaller party in the two-way alliance, Bridge, wants to start auditing the bank’s affairs.