Czech Tycoon Gets President's Nod for Minority Government

  • Zeman sets no conditions for Babis’s appointment as premier
  • Babis has failed to find allies since dominating elections
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Czech billionaire Andrej Babis will move ahead with his plan to create a minority government by Christmas after winning an endorsement from President Milos Zeman.

The second-richest Czech is preparing to take power after his euroskeptic ANO party won Oct. 20-21 elections but failed to gain an outright majority. After all mainstream parties rejected Babis’s offer to create a coalition government, he will try to become the first premier in two decades to win parliamentary approval for a minority cabinet.