Czech PM-designate Jiri Rusnok has chosen former Prime Minister Jan Fischer to be Finance Minister and deputy Prime Minister in his caretaker government, CTK news agency reported. Fischer is a 62-year old economist, who led a technocratic caretaker cabinet in 2009-2010. He ran for the presidential elections earlier this year. Fischer said he would aim to restore economic growth rather than focusing on austerity.
Czech President Milos Zeman appointed on June 25 Rusnok to form an interim cabinet to replace the centre-right coalition government of Petr Necas who resigned last month in the wake of a bribery and spying scandal. The President is expected to appoint the new cabinet on Wednesday (July 10). Rusnok’s government will have to win a vote of confidence in parliament to rule until scheduled general elections in May 2014 but no party has so far announced it will support it.
Poland’s state-controlled oil and gas company PKN Orlen has launched an offer to take over Czech refiner Unipetrol, the Polish company said on December 13. PKN Orlen said it will go through with ... more
Petr Kellner, Central Europe’s richest man, has agreed to buy Skoda Transportation, the Czech manufacturer of electric trains, trams and ... more
CEFC, the acquisitive Chinese energy group, and Penta Investments, the closely-held Slovak financial group, are bidding together for Time Warner’s stake in Central European Media Enterprises (CME), ... more