Czech Republic: billionaire Prime Minister Andrej Babis wins legislative elections, but without a majority

According to preliminary results, the centrist movement of Prime Minister Andrej Babis obtains more than 28% of the vote and 75 seats in Parliament out of 200.

A mixed victory. The centrist movement ANO led by populist prime minister and billionaire Andrej Babis won parliamentary elections on Saturday (October 9) in the Czech Republic, but without securing a majority in parliament, according to preliminary results.

The 67-year-old agribusiness, chemicals and media mogul is accused of alleged EU grant fraud and the EU accuses him of a conflict of interest between his roles as a businessman and politician. Last weekend, the international “Pandora Papers” investigation revealed that it had used money from its offshore companies to finance the purchase of properties in the south of France in 2009, including a castle.

We will have to wait a bit to know the composition of the new government. Because after counting more than 80% of the votes, ANO obtained 28.63% of the votes for 75 seats in Parliament, which has 200, while two alliances of the center-right opposition together obtained 103 seats.

The Czech Communist Party scored below the five percent eligibility threshold, according to partial results, meaning it will be expelled from parliament for the first time since World War II. The once dominant Communist Party of Bohemia and Moravia only won 3.81% of the vote.

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