Leader of Czech election winner CSSD says to start talks on forming new government

By bne IntelliNews October 29, 2013

Bohuslav Sobotka, the chairman of Czech election winner centre-left Social Democrats (CSSD), said he will start talks with centrists parties on forming a new government in a move that will further intensify the leadership fight within his own party.

CSSD’s leadership body called on Sobotka to resign and excluded him from its negotiating team blaming him for the party’s weak election result. CSSD won most of the votes in the Oct 25-26 general elections but it gained only 20.5% of the votes scoring its worst result since 1992.

CSSD wants to launch talks on forming a three-party government with centrist anti-corruption movement ANO that ranked second in the elections winning 18.7% of the votes and Christian Democrats (KDU-CSL) that won 6.78%.

Sobotka said he talked on the phone with ANO’s leader, billionaire Andrej Babis, on launching the talks and hopes on agreeing the same with Pavel Belobradek, the chairman of the Christian Democrats (KDU-CSL), CTK news agency reported.

The internal rift within CSSD is threatening to prolong post-election deal-making extending the political turmoil that started in June with the collapse of a centre-right government amid a bribery and spying scandal. The graft scandals and the austerity drive of the former government have disgruntled voters who punished the mainstream parties opting for protest parties vowing to eliminate corruption and electing a record seven parties into a fragmented parliament.

Related Articles

Hungarian PM's "proxy" moves into the nuclear industry as Paks tenders approach

Firms controlled by Hungarian oligarch Lorinc Meszaros have purchased a 51% stake in the Hungarian subsidiary of Czech nuclear ... more

Czech PM accepts new nominee for finance minister

Reducing the political tension in the country a little, Czech Prime Minister Bohuslav Sobotka accepted on May 17 the nomination of a new finance minister from coalition partner Ano. Meanwhile, ... more

RBI doubles net profit y/y in Q1 as Russian business recovers

Raiffeisen Bank International (RBI), the second largest bank operating across Central and Eastern Europe by assets, reported that net profit almost doubled year-on-year to €220mn in the first ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss