Czech Republic - Factors To Watch on Sept 26

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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 ==========================

CENTRAL BANKERS IN DISCORD - Czech central bankers (CNB) have differing views on when interest rates will need to rise further to contain inflation stemming from a tight labour market and robust household demand, CNB policymaker Vladimir Tomsik said.

In a presentation published on Tuesday, he said a firmer crown currency, together with slowing economies and falling credit costs in both the euro zone and the U.S., were raising the prospect of a milder rise in Czech inflation than expected.

Story:[ID:nL25488012]

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

Recent c.bank comments: [ID:nL25888370]

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

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

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

T-BILLS: The Finance Ministry will auction 26-week T-bills (1000).

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

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

close on day in 2007 vs Euro 27.510 27.552 +0.15 -0.04 vs Dollar 19.464 19.504 +0.16 +6.92

Equities PX Index 1,802.9 1,792.1 +0.60 +13.47 ---------------------------------------------------------------

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

SKODA DIVIDEND - Skoda Auto will pay 8.43 billion crowns ($431 million) in dividends to Germany's Volkswagen , the Czech carmaker's sole shareholder.

Story: [ID:nL25676121]

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

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

EDUCATION MINISTER QUITS - Education Minister Dana Kuchtova (Green Party) quit. She had been under pressure for failing to get her ministry ready to tap EU funds.

-- all newspapers

DIGITAL TV - The lower house of palriament is due to vote on Thursday on a digital TV amendment which may also extend the allowed advertising time on public channels.

Pravo, page 5.

(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/