Czech Republic - Factors To Watch on Nov 28

PRAGUE, Nov 28 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Tuesday:

PRESIDENT PICKS C.BANKERS

President Vaclav Klaus appoints two new members to the seven-seat CNB policy board at 11 a.m. (1000 GMT).

The two are 32-year-old academic Vladimir Tomsik and 31-year-old liberal economist Mojmir Hampl. They will decide on interest rates for the first time at the Dec. 20 policy meeting.

[nL27877261] [RTRS-LEN-CZ-CEN]

- For FACTBOX listing five facts on Tomsik, double click on [ID:nL24559890].

- For FACTBOX listing five facts on Hampl, click on [ID:nL27835978].

- For FACTBOX on who is who on the reshuffled central bank board, click on [ID:nL27834588].

GOVT TALKS STALL

Talks on forming a new government stalled as President Vaclav Klaus cancelled a meeting with Prime Minister Mirek Topolanek, citing a lack of progress in building a ruling coalition.

[nL27892676]

The leadership of Topolanek's Civic Democrats meets at 8 a.m. (0700 GMT) to discuss political situation. No news briefing planned.

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

CONFIDENCE DATA

November confidence indicators are due out at 9 a.m. (0800 GMT).

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

[CZ/INSTANT] [RTRS-LEN-CZ-ECI]

ENERGY PRICES

Energy Regulatory Office (ERU) Chairman Josef Firt holds a news conference at 10 a.m. (0900 GMT) on 2007 prices for electricity, natural gas and heat.

[RTRS-LEN-CZ-ELG]

ECM TO START TRADE DEC 11

Shares in real estate developer ECM will start trading on the Prague Stock Exchange on Dec. 11, a source close to the company's planned initial public offering (IPO) said.

[nL27871782] [RTRS-LEN-CZ-IPO]

PEGAS TO LAUNCH IPO

Luxembourg-registered textile maker Pegas Nonwovens, which manufactures in the Czech Republic, is planning an initial public offering (IPO) on the Prague and Warsaw bourses in the coming weeks, the firm said.

[nL27905574] [RTRS-LEN-CZ-IPO]

CPI REVISION

An upcoming revision to the consumer price index (CPI) could put the annual inflation rate at a slightly lower level than it would have been before the change, a director at the statistical bureau said.

[nL27837253] [RTRS-LEN-CZ-ECI]

ORCO UPS GUIDANCE

Real estate developer Orco Property Group <ORCO.PA> <ORCOsp.PR> raised its revenue forecast for next year by 20 million euros to 320 million euros ($420.3 million) as delayed projects are completed, its chief financial officer said.

[nL27840664] [RTRS-LEN-CZ-ORCO.PA]

POLL: RATES SEEN FLAT UNTIL NEXT YEAR

The central bank (CNB) is all but certain to pause in monetary tightening until at least January, as a firm crown tames budding price pressures in the booming economy, a Reuters poll showed.

[nL24299086] [CNB/INT]

- For TABLE detailing analysts' interest rate forecasts, double click on [ID:nL24483338].

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))