Czech president appoints former PM Rusnok to central bank board


  • World
  • Wednesday, 05 Feb 2014

Czech Prime Minister Jiri Rusnok (R) tenders the resignation of his cabinet to President Milos Zeman at the Prague Castle in Prague August 13, 2013. REUTERS/David W Cerny

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.

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