On Saturday, Babis’ ANO (Action for Dissatisfied Citizens party) took home a landslide victory in the Czech general elections with 29.6 percent of the votes, handing it 78 seats in the 200-seat lower house of parliament. Although the ANO didn’t win a majority, and will now have to form a coalition, the eastern European nation of 10.6 million is by many accounts now expected to shift to the Eurosceptic right.>
Babis, the second-richest man in the country with an estimated net worth of €3.48 billion, entered Czech politics five years ago when he founded his anti-establishment ANO party “to fight corruption and other ills in the country's political system" following a string of government scandals.
Although Babis insists he in no way plans for a “Czexit”, he has stated that the bloc “needs to reflect, to think about why Britain has chosen to leave it and stop talking about a two-speed Europe."
When it comes to Russia, Babis not only opposes sanctions but favors even more trade with Moscow.
Babis, who is often likened to US President Trump because of his personal characteristics, views on immigration and integration and his business background, dislikes the association. He says that although they might share the same views on a number of policies, he is a much better businessman than the American leader.
Instead, he prefers being compared with American billionaire Warren Buffet, saying that unlike Trump, he has never been bankrupt, doesn’t “collaborate with the mafia” and doesn’t have extramarital affairs.
Mainstream Parties Clobbered
In a huge blow to the EU political establishment, mainstream parties were crushed in the Czech Election Tally.
- Eurosceptic ANO - Action for Dissatisfied Citizens: 29.65%
- Eurosceptic ODS - Civic Democratic Party: 11.3%
- Pirate Party : 10.8%
- Anti-EU Freedom and Direct Democracy Party: 10.7%
The Social Democrats, the senior party in the outgoing government that won the 2013 election, came in fifth place with only 7.7 percent of the vote.
The Czech Republic, Poland, Hungary, and Slovakia are fed up with immigration.
A number of countries including France, Greece, Hungary, and the Czech Republic want closer ties with Russia.
The EU is going to have its hands full for quite some time.
Mike "Mish" Shedlock