Monday, 28 September 2020

Virus helps Czech billionaire leader go on a spending spree

Bloomberg |
10 July 2020

The Czech Republic's billionaire prime minister is turning the coronavirus crisis into an opportunity to roll out an investment firehose he's been dreaming about since taking power. Andrej Babis has overseen one of Europe's most successful campaigns to overcome the initial wave of Covid-19. Now he's trying to pull the economy out of recession before the economic fallout risks undermining his popularity before 2021 elections.