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INDUSTRIAL, CONSTRUCTION OUTPUT
February industrial and construction output numbers are due out at 9 a.m. (0700 GMT).
- For real-time economic data releases and market consensus forecasts, double click on the code in brackets:
GOVERNMENT BOND
The finance ministry offers an inaugural tranche of the new 5-year benchmark government bond through an auction to be conducted by the central bank.
- For auction details and results, double click on .
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CABINET MEETING
The cabinet meets in a regular weekly session. News conference is tentatively scheduled for 1 p.m. (1100 GMT).
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PRESCOTT IN TOWN
Britain's Deputy Prime Minister John Prescott meets his Czech counterpart Alexandr Vondra. News briefing is scheduled for 1 p.m. (1100 GMT).
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INFLATION, JOBLESS DATA
Czech inflation edged up in line with market expectations in March, but remained below the central bank's target, bolstering expectations of flat interest rates in the near term.
[nL10126435] [RTRS-LEN-CZ-ECI] INSTANT VIEW ON MARCH CPI......................[ID:nL10472601] DETAILS OF MARCH JOBLESS DATA..................[ID:nL10651769]
ANALYSIS: PM STRUGGLING TO KEEP GOVT TOGETHER
Prime Minister Mirek Topolanek is battling to keep his centre-right coalition government afloat just months into its mandate, but even if he succeeds now there are doubts over its long-term survival.
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PRESIDENT BACKS FISCAL REFORMS
President Vaclav Klaus has backed the government's reform efforts and has rejected the objections voiced by former Finance Minister and Civic Democrat deputy Vlastimil Tlusty, writes the daily Pravo. Klaus was quoted as saying the rightist Civic Democrats (ODS) are unable to implement the reforms as envisioned in their election platform because of the hung parliament produced by last year's inconclusive elections. FACTBOX ON GOVT'S FISCAL REFORMS................[ID:nL03553262]
RESEARCH ALERT: BEARN STEARNS UPS CZECH REPUBLIC
Bear Stearns upgraded the Czech Republic to "market weight" from "underweight" saying it reflected the newfound will of the Czech government to tackle the fiscal deficit. It added Czech TV broadcaster CME to its focus list.
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CEZ TO TRADE POWER ON BOURSE
Power company CEZ will offer most of the electricity it manufactures next year on the forthcoming Prague Energy Bourse, writes the daily Mlada fronta Dnes. The bourse was set up by the Prague Stock Exchange following an agreement with the Industry and Trade Ministry.
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For overview of economic data and forecasts click on For Instant Views of key economic data click on [CZ/INSTANT] For summary of economic data and forecasts For diary of forthcoming Czech events [CZ/DIARY] For calendar of east European economic indicators [CONV/DIARY] TOP NEWS -- Emerging markets [TOP/EMRG] TOP NEWS -- Convergence watch [TOP/EAST]
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