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Jiří Rusnok
Rusnok Jiří 2013.JPG
Rusnok in 2013
Prime Minister of the Czech Republic
In office
25 June 2013 – 29 January 2014
President Miloš Zeman
Deputy Jan Fischer
Martin Pecina
Preceded by Petr Nečas
Succeeded by Bohuslav Sobotka
Governor of the Czech National Bank
In office
1 July 2016 – 30 June 2022
Appointed by Miloš Zeman
Vice Governor Mojmír Hampl
Vladimír Tomšík
Preceded by Miroslav Singer
Succeeded by Aleš Michl
Minister of Industry and Trade
In office
15 July 2002 – 19 March 2003
Prime Minister Vladimír Špidla
Preceded by Miroslav Grégr
Succeeded by Milan Urban
Minister of Finance
In office
13 April 2001 – 15 July 2002
Prime Minister Miloš Zeman
Preceded by Pavel Mertlík
Succeeded by Bohuslav Sobotka
Personal details
Born (1960-10-16) 16 October 1960 (age 64)
Ostrava, Czechoslovakia
(now Czech Republic)
Political party Social Democratic Party (1998–2010)
Independent (2010–present)
Alma mater University of Economics, Prague

Jiří Rusnok (born on October 16, 1960) is a Czech politician and economist. He served as the prime minister of the Czech Republic from June 2013 to January 2014. Later, from 2016 to 2022, he was the governor of the Czech National Bank.

Before becoming prime minister, Mr. Rusnok held important roles in the Czech government. He was the Minister of Finance from 2001 to 2002. Then, he served as the Minister of Industry and Trade from 2002 to 2003. President Miloš Zeman chose him to be prime minister on June 25, 2013. He took over after Petr Nečas resigned due to a big political problem.

On May 25, 2016, President Zeman appointed Mr. Rusnok as the fourth governor of the Czech National Bank. He took over from Miroslav Singer on July 1, 2016. His time as governor ended on June 30, 2022. Aleš Michl became the new governor on July 1, 2022.

Early Life and Education

Jiří Rusnok was born in Ostrava-Vítkovice, a city in the Czech Republic. He went to the University of Economics in Prague. He finished his studies there in 1984.

Political Career and Public Service

After university, Mr. Rusnok worked for government planning offices. In the 1990s, he became a director at the Czech-Moravian Confederation of Trade Unions. This was from 1992 to 1998.

He started his political journey in 1998. He joined the Czech Social Democratic Party (ČSSD). In June 2001, Prime Minister Miloš Zeman made him the Minister of Finance. He then became the Minister of Industry and Trade under Prime Minister Vladimír Špidla. However, he left this role and politics in March 2003. This was because he had disagreements with Mr. Špidla. After leaving politics, he worked in private companies.

Becoming Prime Minister

In June 2013, President Miloš Zeman appointed Mr. Rusnok as Prime Minister. He led a special kind of government called a caretaker government. This means it was a temporary government. Other political parties in the Czech Republic did not agree with this decision. They thought it was not a good idea. Some parties wanted early elections instead.

On August 7, 2013, the Chamber of Deputies did not support Mr. Rusnok's government. His cabinet received 93 votes in favor and 100 votes against. Seven members did not vote. A government needs more than half of the votes to be supported. After this vote, Mr. Rusnok said he would resign the next day. He believed this result would lead to new elections.

Leading the Czech National Bank

In 2014, President Zeman appointed Mr. Rusnok to the board of the Czech National Bank. This board has seven members. In 2016, he became the bank's governor. He took over from Miroslav Singer. This appointment was also made by President Zeman. In 2022, President Zeman chose Aleš Michl to be the next governor after Mr. Rusnok.

Other Important Roles

Jiří Rusnok has also been involved in other important groups:

  • He was a member of the European Systemic Risk Board (ESRB).
  • He served as an alternate member of the Board of Governors for the International Monetary Fund (IMF) starting in 2016.

Views on Economic Policy

Mr. Rusnok supports the idea of the Czech Republic using the euro currency. In 2014, he also agreed with the central bank's plan to make the Czech koruna (the Czech currency) weaker. This was done to help prevent prices from falling too much and to support the economy. The economy was recovering from a long period of slow growth at that time.

See also

Kids robot.svg In Spanish: Jiří Rusnok para niños

  • Jiří Rusnok's Cabinet
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