Czech Republic - Factors To Watch on June 15

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ALL TIMES GMT (Czech Republic: GMT + 2 hours)

======================== ECONOMIC DATA ========================

* April current account balance due out at 0800 GMT.

Real-time economic data releases...................

Previous stories on Czech data............[CZ-RTRS-LEN-ECI]

Overview of economic data and forecasts.........

========================== TOP STORY ==========================

The Czech crown fell to 14-month lows against the euro on Thursday as rising global interest rates prompted foreign investors to keep selling the low-yielding crown for high-yielding assets in other markets.

The crown's weakness also came as central bank board member Pavel Rezabek said should not rush to raise interest rates prematurely.

Updates on Czech currency............................[CZK/]

Story: [nL1L13883222] [nL14918039]

Related news: [RTRS-LEN-CZ-FRX]

==================== ELSEWHERE IN THE NEWS ====================

EU COMMISSIONER

European Union (EU) Justice and Security Commissioner Franco Frattini meets Czech Prime Minister Mirek Topolanek.

Related news: [RTRS-LEN-CZ-EU-DIP]

STATE DEBT

The Finance Ministry will detail first quarter government debt figures after 0700 GMT.

Related news: [RTRS-LEN-CZ-GVD-DBT]

HEINEKEN BUYS KRUSOVICE

Dutch brewer Heineken will buy the Krusovice brewery, the daily Mlada Fronta Dnes reported on Friday. The daily said details of the deal were not disclosed. The move will give Heineken an 8 percent market share in the Czech Republic.

(Reuters has not verified any of the newspaper reports that may be quoted above and does not vouch for their accuracy.)

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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Keywords: CZECH FACTORS/