The political crisis eased somewhat yesterday as the Christian Democrats said they would not continue to insist on the PM’s resignation for the time being. The Social Democrats are holding a central committee meeting on Saturday, which could decide whether the PM still has a confidence of his party. We think the PM is most likely to retain the confidence of the party and thus the continuation of the current three-party coalition is the most likely scenario; hence completion of the privatization of Cesky Telecom seems to be most probable. Source: Reuters