PRAGUE The Czech parliament gave its backing early on Thursday to a new, center-left minority cabinet led by billionaire Andrej Babis, ending his nearly nine-month effort to secure a parliamentary majority.
PRAGUE The Czech lower house on Wednesday postponed a confidence vote on Prime Minister Andrej Babis's minority government until Jan. 16 or later as lawmakers tussled over fraud allegations the billionaire politician is battling.
PRAGUE Czech billionaire businessman Andrej Babis was appointed prime minister on Wednesday after his ANO party came first in an October election, and he must now focus on securing parliamentary backing for a minority administration.
LANY, Czech Republic Czech election winner Andrej Babis will attempt to form a minority government after being shunned by other parties, Babis said on Tuesday after meeting the president.
PRAGUE Czech billionaire Andrej Babis won a thumping victory in Saturday's election as voters shunned traditional parties and gave a mandate to the anti-establishment businessman pledging to fight political corruption while facing fraud charges himself.(For a graphic of the Czech election click http://tmsnrt.rs/2vO4hPW)
PRAGUE Czechs voted on Friday in an election expected to hand power to businessman Andrej Babis who has won popular support by pledging to sweep aside traditional parties, boost investment and keep out refugees, but faces a criminal probe for suspected fraud.
PRAGUE, Sept 26 Czech utility CEZ has
shortlisted five bidders for the sale of its Bulgarian assets
and wants to decide on a deal by the end of year or scrap it if
it cannot secure the right price, a board member told Reuters.
PRAGUE Czech utility CEZ is close to acquiring a renewable power project in Germany as it pursues a strategy of investing in renewable plants and smaller energy technology firms, while remaining open to a big acquisition if the opportunity arose.
PRAGUE Vodafone's Czech unit is seeking damages of 385 million crowns (10 million pounds) from telecoms company O2 Czech Republic for what it says is the company's abuse of a dominant position in the fixed broadband market, the company said on Tuesday.
PRAGUE Vodafone's Czech unit is seeking
damages of 385 million crowns ($15 million) from telecoms
company O2 Czech Republic for what it says is the
company's abuse of a dominant position in the fixed broadband
market, the company said on Tuesday.