The centre-right collation (ODS, the Greens and Christian Democrats) offered CSSD to participate in the Government. CSSD’s head, Jiri Paroubek called the offer as unlikely but did not rule it out subject to concession of the centre-right program and incorporation of CSSD’s program. The leadership of CSSD should debate the offer today and should decide by Wednesday, July 13. ODS would also support CSSD’s candidate for the Lower House’s speaker but only temporarily. i.e. until the first vote of confidence attempt. Nevertheless, CSSD refuses it.
Our view:
The political situation doesn’t get any clearer and CSSD’s strategy neither. We assumes that CSSD is trying to have a change to form a minority Government supported by the Communists but still would need 101 votes. The final solution is in some sort of co-operation between ODS and CSSD or early elections. In any case, the uncertainly is not supportive particularly for CEZ being 68% state owned and mining limits and nuclear blocks being on the agenda and to some extent Zentiva given the potential healthcare reform.