...Republic: GMT + 1 hours) ======================== ECONOMIC DATA ======================== No economic data are due for release until October money supply statistics on Friday. Real-time economic data releases.................... -------------------- RELEASED INDICATORS ---------------------- REAL WAGES: Real average wages rose 5.0 percent year-on-year in July-September, matching the pace seen in the second quarter of the year in another sign of the country's economic boom. Instant View: [nL2735959] Table: [nPRA001625] Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] Overview of economic data and forecasts.......... Updates on Czech currency.............................[CZK/] =========================== EVENTS ============================ LOWER HOUSE SESSION: The lower house of parliament meets. Second reading of the 2008 state budget draft should be on the agenda sometime this week. Related news: [RTRS-LEN-CZ-GVD-POL] ECM EARNINGS: ECM Real Estate Investments to release nine-month results. No consensus forecast is available. Related news: [RTRS-LEN-CZ-ECMPsp.PR] C.BANKER SPEAKS: Conference on "Investment from Cities and Villages at Financial Markets" with central bank Vice-Governor Miroslav Singer (0915 GMT). Related news: [RTRS-LEN-CZ-CEN] CABINET MEETING: Cabinet meets in a regular weekly session to discuss a euro convergence programme. News conference is tentatively scheduled for 2000. Related news: [RTRS-LEN-CZ-EUR] EURO ADOPTION: Government's chief euro adoption coordinator Oldrich Dedek, central bank board member Mojmir Hampl and former Finance Minister Bohuslav Sobotka speak on euro adoption at a discussion forum (www.diskusniosma.cz) at 1630. ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change close on day in 2007 Czech Equities 1,737.7 1,771.1 -1.89 +9.36 vs Euro 26.660 26.710 +0.19 +3.15 vs Dollar 17.986 17.959 -0.09 +15.82 U.S. Equities 12,958 12,743 +1.69 +3.97 Pvs close or current levels vs prior domestic close at 1500 ==================== ELSEWHERE IN THE NEWS ==================== EARNINGS POLLS: Revenues of Luxembourg-based Orco Property Group are expected to jump to 170.31 million euros in the first nine months from 79.64 million a year ago, underpinned by expanding development activities and acquisitions. Story: [nL27719182] Related news: [RTRS-LEN-CZ-ORCOsp.PR] Third-quarter net profit of artificial fabrics maker Pegas Nonwovens is expected to jump to 9.98 million euros from 4.13 million a year ago, thanks mainly to currency and swap revaluation gains. Story: [nL27530790] Related news: [RTRS-LEN-CZ-PGSNsp.PR] ======================= PRESS DIGEST ========================== CEZ RESULTS SUBJECT TO INVESTIGATION: Police are looking into whether state-controlled companies -- power utility CEZ , airport operator Prague Airport, flagship carrier Czech Airlines and crude oil pipeline operator Cepro -- distorted their results in the past. CEZ as well as officials at the other three companies say there is no substance in such allegations. Finance Minister Kalousek suggested that publicizing this might be an attempt to damage the companies. Prague Airport and Czech Airlines are slated for privatisation next year. Hospodarske Noviny, page 15 Related news: [RTRS-LEN-CZ-CEZPsp.PR] NWR MAY POSTPONE IPO: Coal mining group New World Resources (NWR), which controls the biggest Czech coal miner OKD, is likely to decide on Wednesday whether and when it will go ahead with its plan to float stock on bourses in London and Prague. The initial public offering (IPO) may be postponed. Daily E15, page 14 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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