Economics
Iceland Memo Reveals Central Bank Governor May Be Replaced
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Iceland advertised the position of central bank governor after the current incumbent Mar Gudmundsson questioned the government’s intention to push through the world’s biggest household debt relief program.
The plan was revealed in a memorandum on the central bank law, which also showed Finance Minister Bjarni Benediktsson will appoint a working group to look into the division of labor at the financial regulator and the central bank.