Czech Republic - Factors To Watch on June 25

...

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

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

* No economic data are due out until June 29, when first quarter foreign debt and May money supply figures will be released.

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

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

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

========================= TOP STORIES =========================

EU RELIEVED OVER TREATY DEAL

The European Union breathed a sigh of relief over the weekend after the bloc's leaders agreed on a way to reform its institutions, but critics from Britain to the Netherlands called for referendums that could derail a deal.

Story: [ID:nL24727136]

EU'S COMPLEX "SIMPLIFIED TREATY" MAY FALL SHORT

After a decade spent trying to overhaul its governance, the European Union has finally agreed on a reform meant to last a generation, but the outcome was so convoluted and bitterly fought that it may leave enduring scars.

Story: [nL24622876]

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

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

RATE OUTLOOK: HIKE SEEN IN JULY

The Czech central bank will take a break from raising interest rates at its June 28 policy meeting, but a build-up in price pressures will bring another policy tightening in July, a Reuters poll showed.

Story: [ID:nL22628428]

TABLE of analysts' forecasts: [nL22263839]

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

FACTBOX on east European rate-setting meetings: [nL22203868]

NEWS CONFERENCES:

- Statistics Bureau (CSU) holds a news conference on recent structural changes and latest trends in the industrial sector at 0800.

- Central bank (CNB) holds a news conference on a new banknote issue with board member Pavel Rezabek at 0900.

CEZ BUYBACK

Power company CEZ has bought 2 percent of its own shares as part of a share buyback plan, writes the daily Hospodarske Noviny (page 1). It quoted several market sources as saying the government has not yet started its planned sale of up to 7 percent of state-held shares in CEZ.

Related news: [RTRS-LEN-CZ-CEZPsp.PR]

(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

For real-time stock market index quotes click in brackets: Warsaw WIG20 Budapest BUX Prague PX

News editor of the day: Alan Crosby on +420 224 190 477; fax: +420 224 229 935

E-mail: prague.newsroom@reuters.com

Reuters Messaging: alan.crosby.reuters.com@reuters.net