Babis owns a web of over companies, mostly in the chemical, agricultural and media sectors. ANO came second in the October election under the leadership of billionaire Andrej Babis, who based his campaign on public anger with sleaze in the political establishment. But the Czech Republic is not expected to adopt the euro before the end of this decade. The coalition will have votes in the seat lower house of parliament, but its stability is not guaranteed. The country has had 12 governments in 21 years since the split of Czechoslovakia, often with a narrow or no parliamentary majority. Last July, he appointed a caretaker cabinet of his allies against the will of political parties, which remains in power until he appoints the new cabinet.
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