Czech Republic - Factors To Watch on Dec 6

...Republic: GMT + 1 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    CURRENT ACCOUNT: The central bank releases third-quarter 
current account balance at 0900 GMT. 
    Third-quarter gross domestic product (GDP)  and 
November foreign exchange reserves  are due out on 
Friday. 
    Real-time economic data releases.................... 
 
 -------------------- RELEASED INDICATORS ---------------------- 
    TRADE BALANCE SURPLUS: The foreign trade balance posted an 
8.6 billion crown ($482.3 million) surplus in October, beating 
market forecasts both imports and exports jumped to record 
highs. 
    Instant View: [nL0594409] Table: [nPRA001642] 
    Previous stories on Czech data.............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts.......... 
    Updates on Czech currency.............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    BUDGET APPROVAL: The lower house of the parliament gave 
final approval to the 2008 budget on Wednesday, aiming to cut 
the overall public sector gap thanks to fiscal reforms and 
economic growth. 
    Story: [nL05875084] Related news: [RTRS-LEN-CZ-POL] 
     
 =========================== EVENTS ============================ 
    TREASURY BILLS: The finance ministry offers a tranche of the 
13-week Treasury bills at an auction to be conducted by the 
central bank. 
    For auction details and results, click on . 
     
    C.BANK NON-POLICY MEETING: The central bank governing board 
holds a regular weekly meeting. It is not scheduled to discuss 
monetary policy issues. The central bank rarely releases any 
statements at the conclusion of weekly non-policy meetings. 
    Related news: [RTRS-LEN-CZ-CEN] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 vs Euro       26.120   26.230   +0.42         +5.28 
 vs Dollar        17.929   17.878   -0.30        +16.11 
 U.S. Equities    13,445   13,249   +1.48         +7.88 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    GOVT SURVIVES NO-CONFIDENCE MOTION: The centre-right 
government on Wednesday survived a no-confidence motion 
initiated by the leftist opposition. 
    Story: [nL05885384] Related news: [RTRS-LEN-CZ-POL] 
     
    CROWN HITS PEAK: The crown rose to a lifetime high versus 
the euro for the second consecutive session on Thursday, taking 
its gains over a year ago period to 7 percent. 
    Stories: [nL0679960] [nL05553845] 
    Related news: [RTRS-LEN-CZ-FRX] 
 
 ======================= PRESS DIGEST ========================== 
    CEZ MAY HAVE TROUBLE TAKING OVER COAL COMPANY: Politicians 
from both leading ruling and opposition parties like the idea of 
state-controlled power group CEZ  taking over the 
coal firm Mostecka Uhelna. However, Martin Pecina, head of the 
antitrust bureau (UOHS), said the takeover would not be easy and 
might pose a risk to Mostecka's other customers. 
    Daily Pravo, page 15 
    Related story: [ID:nL05201312] 
    Related news: [RTRS-LEN-CZ-CEZPsp.PR] 
     
    CABINET TENSIONS: Foreign Minister Karel Schwarzenberg said 
he would leave the cabinet if Jiri Cunek, head of the coalition 
Christian Democrat (KDU-CSL) party, returns to his seat as 
Regional Development Minister. 
    Cunek resigned last month due to investigation over 
corruption allegations, which has since been halted. 
    Mlada fronta Dnes, page 1 
    Related story: [ID:nL01653357] 
    Related news: [RTRS-LEN-CZ-POL] 
 
 
 
 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]