Harvard-Trained Economist Chosen Hungarian Premier
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BUDAPEST, Hungary — Miklos Nemeth, a Harvard-trained economist, was appointed today to succeed Communist Party leader Karoly Grosz as premier.
Veteran economic reformer Reszo Nyers, like Nemeth a member of the ruling Communist Party Politburo, was named to the newly created post of minister of state for the economy.
The appointments are to be approved Thursday by Parliament.
Grosz announced last month that he will resign as premier by the end of December in order to concentrate on his position as Communist Party chief. He was appointed to the post in May to replace leader Janos Kadar.
Nemeth, 41, a highly trained economist, is expected to guide Hungary into a period of unpopular austerity, during which he will be able to tap the greater political experience of Nyers, who has a more pronounced profile as a political reformer.
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