Agrofert

OpenCalais Metadata: Ticker

OpenCalais Metadata: LegalName

AGROFERT, a.s.

Czech Opposition Takes Anti-Populist Unity for a Test Drive

Ivan Bartos (l), leader of the Pirate Party, stands next to Vít Rakušan (R), leader of the Mayors and Independents party. Photo: Pirate Party Polarised

Polls published through September suggest that the twin coalitions are close to securing a combined 43.5 per cent of the vote, which could be just enough to win 101 of the 200 seats in parliament's lower house.

Democracy Digest: Jourova Meets Polish PM as EU Funds on Hold over Rule of Law

The real world consequences of this dispute could be seen on Wednesday, when European Commissioner for Economy Paolo Gentiloni for the first time stated officially that delays in negotiations over the Polish national spending plan for the EU Recovery Fund are being caused, in part, by Poland's problems with the rule of law.

Four Months Before Election, Stork’s Nest Returns to Haunt Czech PM

The charges centre on a 50-million-koruna (2 million euros) subsidy granted to the Capi hnizdo (Stork's Nest) leisure resort, which sits around 50km south of Prague, in 2007. Police suspect that Babis hid Agrofert's ownership of the resort in order to access the subsidy, for which only small companies were eligible.

Czechia 2020: Scandals, Slumps and Spies in ‘Paradise’

"Imagine me being Harry Potter, having a magic stick and transforming all the planned projects into reality now," he continued. "We would immediately become a second Switzerland."

Of course, Babis was quickly reminded that despite his immense economic and political heft, his powers remain earthbound. 

Another Mass Protest against Andrej Babiš in the Czech Republic

About 15,000 people, according to police, have again protested against the Czech Prime Minister Andrej Babiš in central Prague. A week ago, 50,000 people participated in another demonstration, BTA quoted global agencies as saying.

The protest movement is being organized by the Million Moments for Democracy civic group, which is seeking the resignation of the prime minister. 

In Pictures: Czechs Protest Ahead of Velvet Revolution Anniversary

Saturday's protest was organised by "Million Moments for Democracy", a student-led movement that drew a quarter of a million people to Letna plain in June amid ire over alleged conflicts of interest involving the Agrofert conglomerate that Babis founded.

According to Million Moments chairman Mikulas Minar, Babis is abusing media and political power to profit his companies.

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