The article deals primarily with the role of the President of the Czech Republic in relation to his competence to appoint members of the Banking Council of the Czech National Bank. This issue became one of the topical points of the current political discussion in respect to the constitutional proposal of the direct election of the President.
For the analysis of the issue is necessary to understand the fundamental constitutional definition of the Czech National Bank in the course of mutual relationship among the other constitutional bodies. The article attempts to come to terms with this problem and to link overview of the constitutional position of the Czech National Council through the history of the conflict between the Government and the President concerning the competence to appoint members of the Banking Council and consequent decision of the Constitutional Court.
The analysis concludes by examining the possible answers of the question: What is the optimal way of the appointing of the members of the Banking Council by the President in the CR ?