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Ruling ODS Still Ahead in Czech Republic
Real estate news By Angus Reid Global Monitor
October 12, 2007
The Czech Republic’s governing party is holding on to first place in the European country’s political scene, according to a poll by Median. 34.1 per cent of respondents would back the Civic Democratic Party (ODS) in the next legislative election, down 1.1 points since September. The opposition Czech Social Democratic Party (CSSD) is a close second with 30.4 per cent, followed by the Communist Party of Bohemia and Moravia (KSCM) with 12.3 per cent, the Christian and Democratic Union - Czech People’s Party (KDU-CSL) with 7.3 per cent, and the Green Party (SZ) with 6.5 per cent.
In early June 2006, Czech voters renewed the Chamber of Representatives. Final results gave the ODS 35.58 per cent of all cast ballots, followed by the CSSD with 32.32 per cent. Czech parties require at least five per cent of the vote to earn seats under the country’s proportional representation system. The final tallies gave the ODS, the KDU-CSL and the SZ 100 seats in the lower house, with the remaining 100 seats going to the CSSD and the KSCM.
The tie among rival factions led to a long political stalemate. In January, Czech president Vaclav Klaus re-appointed ODS leader Mirek Topolanek as prime minister. Topolanek’s government eventually won a confidence motion in the Chamber of Representatives after a 100-97 vote. On Oct. 10, Moody’s Investors Service said in its annual report on the Czech Republic that the country’s economy is growing strong and has demonstrated an effective financial integration with the European Union (EU). The report praised the government’s economic strategy, stating, "Improving fiscal policies and economic growth as well as a modest inflation in the more recent past have prompted a positive outlook on the country’s rating."
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