Sunday, 27 May 2018

Billionaire finance minister questions Czech cabinet's fate

Bloomberg |
1 March 2016

Billionaire Czech Finance Minister Andrej Babis questioned the future of the ruling coalition on Monday because of a disagreement over draft laws, including one that may force him to surrender control of his companies, news website iDnes.cz reported. Babis, the Czech Republic's second-richest person with assets including chemical, agriculture, and media businesses, condemned the approach by the coalition's other two parties as "treachery" and accused them of teaming up with the opposition against him.