Czech Republic - Factors To Watch on Nov 21

PRAGUE, Nov 21 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Tuesday:

NO ECONOMIC DATA ARE DUE FOR RELEASE

- For calendar of real-time economic indicator releases and consensus market forecasts, double click on <ECONCZ>.

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GOVERNMENT TALKS

Prime Minister Mirek Topolanek, and leader of the rightist Civic Democrats, is expected to hold further talks on a new government.

The leftist Czech Social Democrats said on Monday they were ready to participate in forming a government to end a parliamentary stalemate that followed an inconclusive June general election.

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Social Democrat leader Jiri Paroubek is quoted as saying in the daily Hospodarske Noviny that he is willing to agree to a gradual decrease in corporate taxes to 20 percent.

- For most recent news on Czech politics, click on [RTRS-LEN-CZ-POL].

S&P RATINGS AFFIRMED

Standard & Poor's affirmed its 'A-/A-2' foreign currency and 'A/A-1' local currency sovereign credit ratings on Czech Republic, with a positive outlook, saying medium-term prospects for economic growth remained good.

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CROWN NEARS RECORD HIGHS

The Czech crown firmed within sight of all-time highs against the euro on Monday, benefiting from a bullish mood in central Europe and partly also from news that S&P confirmed the country's credit ratings.

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- For TABLE detailing analysts' forecasts for the crown in a recent Reuters foreign exchange poll, double click on [ID:nL16828285].

COAL MINER TAKES LOAN TO PREPARE FOR IPO

Czech coal group OKD has agreed to draw 720 million euros ($924 million) before the end of this year via a syndicated credit from a group of 13 international banks led by Citigroup <C.N> to prepare for a planned initial public offering.

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ANALYSIS: CHANGE OF GUARD SEEN AT C.BANK

The mandates of two Czech central bank (CNB) policymakers expire at the end of the month, and sources inside and outside the bank say at least one, outspoken inflation dove Jan Frait, looks set to be replaced.

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- For FACTBOX on who is who on the CNB board, double click on [nL16661304].

Overview of past economic data and market forecasts <CZ/ECON15> For Instant Views of key economic data click on [CZ/INSTANT] For summary of economic data and forecasts <CZ/ECON01> 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 <G7TODAY>

For real-time stock market index quotes click in brackets: Warsaw WIG20 <.WIG20> Budapest BUX <.BUX> Prague PX <.PX>

News editor of the day: Alan Crosby on +420 224 190 477; fax: +420 224 229 935

E-mail: prague.newsroom@reuters.com

Reuters Messaging: alan.crosby.reuters.com@reuters.net

((Compiled by Marek Petrus; Reuters Messaging: rm://marek.petrus.reuters.com@reuters.net; e-mail: prague.newsroom@reuters.com or marek.petrus@reuters.com; Tel: +420 224 190 477))