(Ondřej Daťka) The forced administration of IPB and the subsequent sale of its assets and liabilities to CSOB have become the dominant issues in Czech politics. While President Havel supported the government and central bank’s actions, some opposition parties, particularly the ODS of former Prime Minister Klaus, have attacked them. The events since last Friday seem to have been a shock to the current political status quo in the country, including the “opposition agreement” between the ruling minority Social Democrats and the quasi-opposition ODS, which keeps the Social Democrats in power.
Separately, the new administrator of IPB canceled the bank’s AGM, scheduled for June 28. CSOB has already performed the first personnel changes at the bank.