Ruling Party Narrowly Loses Czech Vote; Prime Minister Babis May Be Out

PRAGUE—Prime Minister Andrej Babis’ party on Saturday narrowly lost the Czech Republic’s parliamentary election, a surprise development that could mean the end of the billionaire’s reign in power. The two-day election to fill 200 seats in the lower house of the Czech Republic’s parliament took place shortly after the International Consortium of Investigative Journalists reported details of Babis’ overseas financial dealings in a project dubbed the “Pandora Papers.” Babis, 67, has denied wrongdoing. With all the the votes counted, the Czech Statistics Office said Together, a three-party coalition, captured 27.8 percent of the vote, beating Babis’ ANO (Yes) party, which won 27.1 percent. In a second blow to Babis, another coalition of the Pirate Party and STAN, a group of mayors, received 15.6 percent of the vote to finish third, the statistics office reported. “The two democratic coalitions have gained a majority and have a chance to form a majority government,” …

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