...GMT + 1 hours) ======================== ECONOMIC DATA ======================== No economic indicators are due for release until third-quarter wage data on Nov. 27. 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 ========================== C.BANK CHIEF ON CROWN: The recent pace of appreciation of the Czech crown is unsustainable, the country's central bank chief, Zdenek Tuma, said. Tuma said if the appreciation continued, the central bank might have to take a more careful approach in its monetary policy. Story: [nL17254836] Related news: [RTRS-LEN-CZ-CEN-PLCY] ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change close on day in 2007 Czech Equities 1,793.8 1,797.4 -0.20 +12.90 vs Euro 26.650 26.650 +0.00 +3.19 vs Dollar 18.155 18.145 -0.06 +14.68 U.S. Equities 13,177 13,110 +0.51 +5.73 Pvs close or current levels vs prior domestic close at 1500 ==================== ELSEWHERE IN THE NEWS ==================== CEZ DIVIDEND POLICY: State-controlled power company CEZ will stick to its policy of paying 40-50 percent of its net profits in dividends, the Finance Ministry said. Story: [nL16690749] Related news: [RTRS-LEN-CZ-CEZPsp.PR] ALMUNIA ON EURO ADOPTION: Poland and the Czech Republic are on track to meet the criteria to join the euro zone in a couple of years, EU Economic and Monetary Affairs Commissioner Joaquin Almunia said. Story: [nL16595058] Related news: [RTRS-LEN-CZ-EUR] ======================= PRESS DIGEST ========================== EURO AFTER 2012: Czech Prime Minister Mirek Topolanek said it is unrealistic to expect the Czech Republic to adopt the euro in 2012, as Finance Minister Miroslav Kalousek has suggested in the past. Topolanek said reforms to pension and health-care systems need to be carried out first. Hospodarske Noviny, page 1 TEACHERS TO STRIKE: Teachers plan to go on strike on Dec. 4 unless the government increases the education budget for next year. Pravo, page 4 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: Jan Lopatka on +420 224 190 477; fax: +420 224 229 935 E-mail: prague.newsroom@reuters.com Reuters Messaging: jan.lopatka.reuters.com@reuters.net (Compiled by Marek Petrus) Keywords: CZECH FACTORS/
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