Czechs set up economic council to fight global economic crisis

The Czech prime minister has set up a National Economic Council to help fight the effects of the global economic crisis, it has been announced. The council is made up of a number of economic specialists, among them the former ministers Vladimír Dlouhý, Martin Jahn and Jiří Rusnok. The council members have extensive experience in government and also the private sector. The council is viewed as being a non-partisan, advisory entity with no formal powers.