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M. Continuo

Serb central bank governor quits over draft law


    BELGRADE (Reuters) - The governor of Serbia's central bank resigned on Thursday, saying a draft law being debated in parliament threatened the independence of the bank.

    The law, proposed by lawmakers from Serbia's new Socialist-led ruling coalition, would step up government control over the bank and has been criticised by the European Union and International Monetary Fund.

    In a statement, governor Dejan Soskic said he had resigned because the draft amendments "violate the independence of the National Bank of Serbia" and would degrade decision-making.

    (Writing by Matt Robinson; editing by Ron Askew)