The Lower House of Parliament will hold a vote of confidence in the government of V. Spidla on March 11. A non-confidence vote could theoretically lead to new general elections. Should this scenario materialize, Cesky Telecom and Unipetrol would be the most affected among domestic equities, since their privatization processes would likely loose momentum. Komercni banka, Ceske radiokomunikace, Philip Morris CR, and perhaps CEZ would be relatively unaffected, we believe.
Jan Hájek