Czech Republic - Factors To Watch on Nov 21

...Republic: 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 ========================== 
    PM ON EURO: The Czech government will go slow on euro 
adoption to make sure the economy is well prepared for the 
common currency and that people benefit, Prime Minister Mirek 
Topolanek said. 
    Story: [nL20102788] Related news: [RTRS-LEN-CZ-EUR] 
 
 =========================== EVENTS ============================ 
    50-YEAR BOND DEBUT: The Finance Ministry offers 8 billion 
crowns worth of 50-year local currency bond issue  
at an inaugural auction, with the fixed annual coupon of 4.85 
percent. 
    Related story: [nPRA001614] 
    Related news: [RTRS-LEN-CZ-ISU-DBT] 
     
    CABINET MEETING: The cabinet meets in a regular weekly 
session. News conference is tentatively scheduled for 1230. 
    Related news: [RTRS-LEN-CZ-POL] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,767.1  1,770.6   -0.20        +11.22 
 vs Euro       26.700   26.660   -0.15         +3.00 
 vs Dollar        17.967   18.022   +0.29        +15.87 
 U.S. Equities    13,010   12,958   +0.40         +4.39 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    PM WORRIED BY RUSSIA-GERMANY ENERGY TIES: The Czech Republic 
is concerned by close energy ties between Germany and Russia 
because they may threaten Czech energy security, Prime Minister 
Mirek Topolanek said. 
    Story: [nL20113698] Related news: [RTRS-LEN-CZ-ENR] 
     
    IMF ON CZECH ECONOMY: The Czech Republic should see economic 
growth of 4.5 percent next year, although the external 
environment poses a downside risk to that forecast, the 
International Monetary Fund (IMF) said. 
    Story: [nL20556325] Related news: [RTRS-LEN-CZ-IMF] 
     
    VGP SETS IPO RANGE: Real estate developer VGP set the price 
range for its stock market debut at 15.25-16.75 euros 
($22.54-$24.76) per share for a listing that initially aims to 
raise up to 50 million euros. 
    Story: [nL20693499] Related news: [RTRS-LEN-CZ-VGP] 
 
 ======================= PRESS DIGEST ========================== 
    FARMERS: Pig farmers demonstrated at the Agriculture 
Ministry in Prague on Tuesday and demanded 1 billion crowns in 
subsidies. Minister Petr Gandalovic responded that EU rules do 
not allow the government to pay such subsidies. 
    Hospodarske Noviny, page 16 
    Related news: [RTRS-LEN-CZ-LIV] 
     
    HYUNDAI PLANT CONSTRUCTION: Hyundai Motor , 
South Korea's top auto maker, is having difficulties meeting the 
requirements for some building at its 1.1 billion euro factory 
in the northeast of the Czech Republic. A local 
building-inspection office may require the company to tear down 
three buildings at the site of the plant. Hyundai can still 
avoid having to do that if it applies for a construction permit 
change. The plans should make 200,000 passenger cars a year. 
    Mlada fronta Dnes, page B1 
    Related news: [RTRS-LEN-CZ-005380.KS] 
 
 
 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/ 
    

[PRAGUE/Reuters/Finance.cz]