Czech Republic - Factors To Watch on Sept 13

...ALL TIMES GMT (Czech Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No data due out on Thursday. 
    Real-time economic data releases.................... 
    Reuters poll on econ data........................ 
     
====================== IN THE NEWS ============================= 
    CENTRAL BANK MEETS: The central bank's policy board meets in 
a weekly meeting. Policy decisions not on agenda. 
    Related news; [RTR-LEN-CZ-CEN] 
     
    BUDGET ON HOLD: The government interrupted discussion on the 
2008 budget draft and will return to the topic only next week. 
    Story: [ID:nL12928510] 
    Related news: [RTRS-LEN-CZ-POL] 
     
    CURRENT ACCOUNT SHRINKS: The current account deficit showed 
a much smaller-than-expected deficit in July, thanks to a sharp 
narrowing of dividend payments abroad. 
    Story: [ID:nL12909425] 
    Related news: [RTRS-LEN-CZ-ECI] 
     
    PRIVATISATION: The cabinet approved a plan on Wednesday to 
convert the state-owned Prague Airport into a joint stock 
company and then sell or lease it. 
    The cabinet also vowed to go ahead with preparations for the 
eventual sale of air carrier Czech Airlines (CSA), following the 
completion of a restructuring programme at the company. 
    Story: [ID:nL12745865] 
    AIRLINE RESULTS: State-owned Czech Airlines hold a news 
conference on first half results and a decision on the future of 
long-distance services. The airline is being prepared for 
privatisation. 
    AIRPLANE ORDER: CSA said on Wednesday it would exercise an 
option to purchase 8 mid-range Airbus 319 and 320 aircraft, with 
delivery seen in 2011 or 2012. 
    Story: [ID:nPRA001494] 
    Related news: [RTRS-LEN-CZ-AIR] 
     
    C.BANKER CONCERNED BY WAGES:- Czech companies are beginning 
to overpay workers because of labour shortages, central bank 
board member Pavel Rezabek said, news agency CTK reported. 
    Story: [ID:nL12748119] 
    Related news: [RTRS-LEN-CZ-CEN] 
     
    POWER PLANT IN VIETNAM: - The Czech and Vietnamese prime 
ministers backed on Wednesday a plan for Czech power firm CEZ 
 to build a $4.5 billion, 3,000-megawatt power plant 
in Vietnam. 
    Story: [ID:nL12831661] 
    Related news: [RTRS-LEN-CZ-ELG] 
     
=======================PRESS DIGEST============================= 
    NEW EU ENVOY: Former Farm Minister Milena Vicenova will 
become new Czech ambassador to the EU, replacing Jan Kohout. 
    Mlada fronta Dnes, page 2. 
     
    DRUG SALES: The Health Ministry plans to free up the sale of 
prescription drugs that people take regularly. That would 
eliminate the necessity to visit a doctor to get prescription. 
    Mlada fronta Dnes, page 1. 
     
    BIOFUEL: Chemicals firm Agrofert will build an over 1 
billion crown factory to produce biofuel from rapeseed. 
    Hospodarske Noviny, page 15. 
     
     
     
 (Reuters has not verified any of the newspaper reports that may 
be quoted above and does not vouch for their accuracy.) 
 
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