PRAGUE (Reuters) - Five Czech parties signed a pact on Monday to form a new centre-right coalition government following their strong showing in last month's vote, a major step towards replacing the outgoing administration of Prime Minister Andrej Babis.
The parties - ranging from the mildly eurosceptic Civic Democrats to the centre-left liberal Pirate Party - pledged to cut budget deficits, which have spiralled since last year amid the pandemic and hikes in pensions and wages.
