X Close

World

Published: Wednesday February 5, 2014 MYT 9:40:03 PM
Updated: Wednesday February 5, 2014 MYT 9:41:04 PM

Czech president appoints former PM Rusnok to central bank board

PRAGUE (Reuters) - Czech President Milos Zeman appointed former Prime Minister Jiri Rusnok to the central bank on Wednesday, tapping an ally who supports moving the country closer to adopting the euro.

Rusnok, a 53-year-old economist and leader of a caretaker government until last month, has also backed the central bank's policy of weakening the crown currency to fight deflation risks and help an economy recovering from a record-long recession.

He will join the seven-member board from March 1, replacing Eva Zamrazilova, who had expressed caution over launching the interventions.

(Reporting by Robert Muller; Editing by Hugh Lawson)

advertisement

  1. Husband forces pregnant wife to have sex with Bangladeshi worker
  2. Zahid Hamidi: Majority of non-Malays moderate, respect other races
  3. UM law lecturer Azmi Sharom denies sedition charge
  4. Langkawi Sky Bridge to reopen in December
  5. Time to call a spade a spade

advertisement

advertisement