Czech Republic - Factors To Watch on Sept 25

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

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

No economic indicators are due for release until August M2 money supply and second-quarter foreign debt on Thursday.

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

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

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

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

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

FOREIGN DEBT ISSUES: The Czech Republic plans to raise funds abroad to finance state debt next year, documents accompanying the 2008 state budget draft showed.

Story: [nL24822424] Related news: [RTRS-LEN-CZ-GVD]

=========================== EVENTS ============================

LOWER HOUSE SESSION: The lower house of parliament starts a session 1200. No market-related items are on the agenda.

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

---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change

close on day in 2007 PX Index 1,792.1 1,793.8 -0.09 +12.79 vs Euro 27.547 27.560 +0.05 -0.17 vs Dollar 19.542 19.542 -0.09 +6.45 Pvs close or current levels vs prior domestic close at 1500 ---------------------------------------------------------------

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

AAA AUTO MARKET DEBUT: Shares in Czech used car dealership AAA Auto closed flat in their debut on the Prague Stock Exchange on Monday. AAA shares were priced at 55 crowns in an initial public offering, the first IPO of the year for the Prague bourse, valuing the the company at 139 million euros.

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

======================= PRESS DIGEST ==========================

INVESTMENT INCENTIVES: Prime Minister Mirek Topolanek has supported the Economic Chamber's call for abolishing investment incentives, according to the chamber's chairman Jaromir Drabek. Drabek said he agreed with Topolanek that investment incentives tend to damage the Czech economy rather than support its further development.

Lidove Noviny, page 14

EDUCATION MINISTER TO GO? Prime Minister Mirek Topolanek has indicated he is considering removing Education Minister Dana Kuchtova (Green Party) for failing to get her ministry ready to tap EU funds.

Pravo, pages 1-2

(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]

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Keywords: CZECH FACTORS/