Amendments adopted to central bank law
BELGRADE -- MPs today adopted amendments to the Law on the National Bank of Serbia (NBS), under which the NBS governor will be appointed by the Serbian president.
Parliament will confirm the president's nominee by majority vote, appointing the governor to a six year term which can be renewed. He will be at the head of the NBS and will represent the institution.
As stated in the law, the NBS bodies are the executive board, which is comprised of the governor and vice-governors, the governor and the governor's council.
The executive board will take over all responsibilities of the Monetary Policy Committee, setting monetary and foreign exchange policy and working to maintain and strengthen the stability of the financial system. It will also focus on determining NBS monetary policy, NBS interest rates, terms and methods of issuing securities and short-term loans policy.
The Governor's Council will comprise five members, including the chairman, who will be nominated by the parliamentary Finance Committee and approved by the parliament for a period of six years with a right to re-election.
Among other things, the council will propose the NBS Statute, determine the exchange rate policy, adopt the NBS financial plan and annual financial reports and appoint an external auditor.
The NBS is Serbia's central bank, it is independent and autonomous, its bodies and their members cannot seek or take instructions from government bodies and organizations or from any other person, says the law.
utorak 29.06.2010 | 16:35 | Source: B92, Beta, Tanjug | Comments: (3) | Send comment
BELGRADE -- Opposition SRS official Dragan Todorović said that his party would be suing daily Blic over a report which claims that SRS leader had ordered an assassination.
utorak 29.06.2010 | 16:34 | Source: Tanjug | Comments: (1) | Send comment
BELGRADE -- MPs have decided to send up to 134 members of the Defense Ministry, the Interior Ministry (MUP) and the Serbian Army (VS) to multinational operations.
utorak 29.06.2010 | 15:44 | Source: Beta | Comments: (17) | Send comment
PRIŠTINA -- A Kosovo Albanian government in Priština officials says that a possible "exchange of territory between Kosovo and Serbia" would open up the issue of borders.
utorak 29.06.2010 | 13:34 | Source: B92, Tanjug | Comments: (2) | Send comment
BELGRADE -- Serbia and Croatia have signed an agreement for extraditing their citizens suspected or convicted of serious crimes.
utorak 29.06.2010 | 12:27 | Source: Beta | Comments: (9) | Send comment
BELGRADE -- The Serbian parliament on Tuesday in Belgrade adopted the controversial new Law on Electronic Communication.
utorak 29.06.2010 | 12:03 | Source: Tanjug | Comments: (0) | Send comment
BELGRADE -- The Islamic Community of Serbia (IZS) rejected on Monday all standpoints held by the General Council of the Islamic Community in Serbia (IZuS).
utorak 29.06.2010 | 12:00 | Source: Tanjug | Comments: (4) | Send comment
NIŠ -- Serbian Orthodox Church (SPC) Patriarch Irinej and Defense Minister Dragan Šutanovac attended Vidovdan (St. Vitus Day) ceremonies in Niš on Monday.
utorak 29.06.2010 | 11:51 | Source: Blic | Comments: (8) | Send comment
BELGRADE -- According to Belgrade daily Blic, SRS leader Vojislav Šešelj "ordered the assassination of his former deputy Tomislav Nikolić".
utorak 29.06.2010 | 10:25 | Source: Tanjug | Comments: (2) | Send comment
SHANGHAI -- Serbia's Prime Minister Mirko Cvetković visited Huawei, one of the world's largest telecommunication companies, in Shanghai on Monday.
utorak 29.06.2010 | 10:08 | Source: Tanjug | Comments: (25) | Send comment
BELGRADE -- Interior Minister Ivica Dačić said on Monday that criminal acts such as assault and rape "are usually done by repeat offenders".
utorak 29.06.2010 | 09:51 | Source: Beta | Comments: (6) | Send comment
NOVI SAD -- President Boris Tadić says it is necessary to engage all state and national potentials in order to realize great deeds, Beta reports.
utorak 29.06.2010 | 09:36 | Source: B92, Beta, Tanjug | Comments: (1) | Send comment
KRUŠEVAC -- Serbia’s opposition parties stated at a rally held on Monday evening that early parliamentary elections were needed to solve the country’s many problems.