Czech Republic - Factors To Watch on Oct 2

...Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    NO ECONOMIC INDICATORS are due for release until 
end-September foreign exchange reserves on Friday. 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    PMI: The Czech Purchasing Managers' Index (PMI) eased to 
55.8 in September from August's peak of 58.8, the steepest 
decline over any two months in the survey history. 
    Instant View of data: [nL01320472] 
    BUDGET: The central state budget showed a 36.3 billion crown 
($1.88 billion) surplus for the first nine months of the year 
after posting a 14.1 billion crown surplus in September alone. 
    Instant View: [nL0187722] 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    EURO ADOPTION DELAY: The Czech Republic will delay its bid 
for euro zone membership despite being well placed to meet the 
entry criteria next year, Prime Minister Mirek Topolanek was 
quoted as saying in an interview published on Monday. 
    Story: [ID:nL01316104] Related news: [RTRS-LEN-CZ-PLCY] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 PX Index        1,828.8  1,816.3   +0.69        +15.10 
 vs Euro      27.480   27.460   -0.07         +0.07 
 vs Dollar       19.324   19.268   -0.29         +7.74 
 Pvs close or current levels vs prior domestic close at 1500 
 --------------------------------------------------------------- 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    ECONOMIC PREDICTIONS: The Czech economy will grow 5.9 
percent this year, marginally more than a previous estimate of 
5.8 percent, according to updated 2008 budget draft documents. 
    The Czech 2006 public budget gap was 2.69 pct/GDP, slightly 
smaller versus the previous estimate of 2.95 pct/GDP, according 
to the statistical office. 
    Stories: [nPRA001522] [nL01648920] 
    Related news: [RTRS-LEN-CZ-MCE-ECI] 
     
    CEZ IN CONTRACT ROW: Electricity firm CEZ  said 
on Monday it would seek 22 billion crowns ($1.14 billion) in 
potential damages that could arise from its ongoing disputes 
with a key coal supplier. 
    Story: [nL01880670] Related news: [RTRS-LEN-CZ-CEZPsp.PR] 
 
 ======================= PRESS DIGEST ========================== 
    TELEFONICA O2 CR: Salvador Anglada, Telefonica O2 Czech 
Republic's  new Chief Executive Officer, said in an 
interview the number of fixed-line cancellations fell to 80,000 
in the last quarter and is starting to level off. 
    Mlada fronta Dnes, page B3 
    Related news: [RTRS-LEN-CZ-SPTTsp.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  
 
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    E-mail: prague.newsroom@reuters.com 
    Reuters Messaging: jan.lopatka.reuters.com@reuters.net 
 
  
  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]