Central Banker of the Year: Gustavo Franco’s bold use of power
Highly commended: Gyorgy Suranyi, Central banker, Hungary
Central bank governors Europe-wide have spent the past year preparing their countries’ economies for monetary convergence. Luis Angel Rojo, governor of the Bank of Spain, has been particularly successful in this.
Despite a serious recession in 1992 and slow economic growth in 1996, Spain has since had a healthy growth rate that climbed to 3.7% of GDP this year.
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