The Czech Republic is on course to be governed by a coalition of two electoral alliances: the SPOLU coalition of three centre-right parties and the Pirates and Mayors alliance, with SPOLU leader Petr Fiala, a political scientist and university professor, expected to become Prime Minister.
However, the governing majority to be formed by the two electoral alliances, which include five parties altogether, could raise questions over the incoming government’s political stability, just as it prepares to tackle urgent economic challenges, the fourth wave of the pandemic and improve the country’s troubled relations with the EU.
The new configuration of the Chamber of Deputies, the lower house of the Czech parliament, was inaugurated this week and Czech President Miloš Zeman is expected to appoint the new cabinet in the near future, to a timetable yet to be fully determined.
Kesarev takes a deeper look at the aftermath of the recent parliamentary elections, the immediate prospects of the SPOLU / Pirates and Mayors alliance and potential implications of the new government for foreign investors.
Please read the full memo here.