Czech President Miloš Zeman on Wednesday appointed former prime minister Jiří Rusnok to the board of the Czech National Bank. It is the first of five appointments the president is due to make to the central bank board during his term in office and commentators say the changes may have a moderating effect on the bank’s currently Eurosceptic board.
Domestic meat production has been on a steady decline since 2001 and last year was no exception. According to figures released by the Czech Statistics Office overall meat production in 2013 was down by 2.4 percent year-on-year to 447,000 tons. Pork production slipped by 2.25 percent, beef by 1.4 percent and poultry by 3 percent.
The imminent change-of-guard in Prague naturally poses questions about the country’s EU role and eventual adoption of the flagship single currency, the euro. Unlike the cautious approach of former center-right governments, the incoming finance minister Andrej Babiš says he has no problem with euro adoption. However, the assurance comes from an astute business magnate who is quick to add that the country is not prepared to guarantee the liabilities of indebted euro users such as Greece or Spain.