Czech President Vaclav Klaus Thursday accepted the resignation of the cabinet headed by Prime Minister Mirek Topolanek after the center-right coalition government lost a confidence motion Tuesday, media reports say.

However, following a meeting with the care-taker prime minister, Klaus, who is seeking a quick solution to the political crisis in wake of the global downturn and his country's current presidency of the European Union said Topolanek and his cabinet will remain in office until a new cabinet is appointed or fresh elections are held.

The cabinet of the ODS, the Christian Democrats and the Greens failed a no confidence vote by the lower house Tuesday. The collapse of the coalition government came in the middle of the Czech presidency of the E.U.

Friday, the Eurosceptic Klaus will meet with leaders of the Social Democrats and Christian Democrats. He said a new government must be formed on the basis of a political consensus in the Chamber of Deputies. He said he would give a chance to form a new government to anybody who would bring an absolute majority of 101 votes for the government in the 200-seat lower house.

Earlier Wednesday, Topolanek accused Klaus of being instrumental in the fall of his government, along with Prague Mayor Pavel Bem and ODS deputy Vlastimil Tlusty.

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