Economics

Ex-Premier Fischer Selected as Czech Finance Minister

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Czech Prime Minister Jiri Rusnok chose former technocrat Premier Jan Fischer as finance minister in his interim cabinet, handing this year’s presidential contender an economy mired in a record-long recession.

Fischer was also nominated to serve as deputy prime minister, Rusnok told reporters in Prague today. The 62-year-old graduate of Prague’s University of Economics in statistics and econometrics led a temporary cabinet for a year before 2010 general elections when the country suffered its deepest economic contraction.