Czech Republic - Factors To Watch on April 16

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PRODUCER PRICES

March producer prices and February foreign trade prices are due for release at 9 a.m. (0700 GMT).

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CURRENT ACCOUNT

The current account posted an expected surplus of 4.0 billion crowns ($192.6 million) in February. The 12-month rolling deficit narrowed marginally to 128 billion crowns, or 4.1 percent of last year's gross domestic product (GDP) according to Reuters' calculations, from 133 billion crowns a month earlier.

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SKODA AUTO WAGE TALKS

Volkswagen AG's Czech unit Skoda Auto withdrew its wage increase offer after it was rejected by the unions, Human Resources Director Martin Jahn said.

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INTERVIEW: C.BANKER SEES NO OVERHEATING

The economy is stronger than the central bank (CNB) had expected three months ago but shows no signs of overheating that would prompt an increase in interest rates, Robert Holman, one of the CNB's policymakers, told Reuters in an interview.

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The Czech Republic should avoid fixing a target date for euro adoption before containing a fiscal deficit and closing the wealth gap on the richer euro zone core, Holman said.

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SHAKE-UP AT CEZ?

The government is planning personnel changes to the supervisory board at power utility CEZ , but Chief Executive Officer Martin Roman should not be affected, writes the daily Mlada fronta Dnes.

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INTERVIEW: FINMIN EYES EXTRA BUDGET CUTS

The Czech fiscal deficit will exceed an earlier projection of 4 percent of GDP this year and budget cuts on top of a proposed tax and spending overhaul will be needed next year, Finance Minister Miroslav Kalousek told Reuters in an interview.

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FINMIN MULLS EUROBOND

The Czech Republic may return to international bond markets with a Eurobond offering this year if foreign borrowing turns out cheaper than domestic debt issuance, Kalousek told Reuters.

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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]

For an economic indicator diary for the euro zone, the United States and other Group of Seven countries see

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