The lower house failed to elect its speaker on Friday for the second time. The next attempt is scheduled for Friday, July 14. CSSD and the Communist continue to block the speakers election, support the centre-right coalition and its program without deep discussions on it including all 5 parliamentary parties (ODS, CSSD, Communists, the Greens and Christian Democrats) ODS refuses to include the Communists in the talks.
Our view: The current situation continues to be unclear. We believe that CSSD wants to have a chance to form a minority Government supported by the Communists through election of its candidate as the Lower House speaker. Nevertheless such a Government would need 101 votes to win the confidence. Ultimately, we still see a chance in some sort of agreement between ODS and CSSD, before early elections.