The President met with all leaders of parliament parties on Friday. According to the statement today’s election of the Lower Chamber speaker should be successful and the President can appoint the ODS leader to form the Government.
ODS will form a minor Government tolerated by CSSD in exchange for the head of the Parliament (election on Monday, August 15). CSSD nominee is Mr. Miloslav Vlcek. The head of Chamber should have only limited mandate in case two attempts of new Government creation fails, there are three and the speaker appoints a person who makes Government for the third time. The Cabined would consist of ODS and non-political experts. As the centre-right coalition does not valid any more the probability that mining limits will be broken is rising, what is positive for CEZ. There is 30 days limit to reach confidence of the Lower Chamber.
Our View: It seems that political deadlock ends. Minor ODS Government supported by CSSD is one of our scenarios.