The late-May legislative election in the Czech Republic took place amid the pan-European debt crisis and "Greek scare", which influenced heavily the electoral campaign.
The election resulted in the "Pyrrhic victory" of the left-wing Social Democrats, which received the largest portion of votes but was unable to form a majority coalition. The real winner of the election was thus a center-right coalition of three parties that agreed to form a government.
The new center-right government positioned itself firmly among European proponents of fiscal austerity such as Germany's Angela Merkel, UK's David Cameron and others. The government started to prepare rather radical reforms aimed at reducing the budget deficit, with the primary means being spending cuts and tax hikes.
However, the electoral support for the government and its fiscal austerity began to disappear as the details and scope of the planned reforms and spending cuts became known. In October, the municipal and Senate elections resulted in a surprising success of the opposition Social Democrats. In December, Czech trade unions organized a massive strike against the reforms.
In addition, December 2010 brought a sudden crisis to the government - the Social Democrats, reacting to a serious corruption affair, initiated a no-confidence motion, with a junior coalition member - Public Affairs - seriously considering to vote against its own government. Eventually, after much tension, the party supported the government.
However, the temporal rupture inside the coalition is not forgotten, and probably will cause further problems to the government in 2011.
In 2010, Prague's aura of economic prosperity and well-being started to deteriorate.
Aktualne.cz discovered the scope of the Czech Republic's alcohol black market and the enormous sums the state loses in unpaid consumer tax.
Also, the year 2010 showed that "old" hockey stars are still able to make headlines.
Last but not least, the Aktualne.cz on-line daily celebrated the five years of its existence.