Czech Republic - Factors To Watch on Dec 4

PRAGUE, Dec 4 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Monday:

PEGAS IPO

Synthetic fabrics maker Pegas Nonwovens releases prospectus ahead of its planned initial public offering on the Prague Stock Exchange.

[RTRS-LEN-CZ-PEGAS]

MANUFACTURING PMI

Growth in manufacturing activity recovered from a 9-month low in November, a survey showed, raising the chances of sustained expansion in the European Union member's economy.

[ID:nL01804233] [ID:nL01454795]

BUDGET DATA

The central state budget slipped into a 30.92 billion crown ($1.47 billion) deficit for January-November, following the worst result since April.

[ID:nL30522361]

The Finance Ministry sees this year's central state budget gap at over 100 billion crowns ($4.74 billion), a senior ministry official said after January-November budget data.

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

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

EUROBOND MULLED

The Czech Republic will consider returning to international debt markets in 2007 to curb local currency bond borrowing and help fund a deepening fiscal gap, the government said.

[ID:nL01873669] [RTRS-LEN-CZ-GVD]

POLITICAL TALKS

Parties inched forward in talks on forming a new government, setting a schedule for policy discussions that may end six months of a political deadlock.

[ID:nL01883982]

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

CEZ BIDS IN KOSOVO

Czech power firm CEZ <CEZPsp.PR> has teamed up with AES <AES.N> of the United States to bid for building a power station in Kosovo.

[ID:nL01718834] [RTRS-LEN-CZ-CEZPsp.PR]

INTEREST RATES ON HOLD

The Czech central bank (CNB) left interest rates unchanged on Thursday and sent a clear signal it could keep borrowing costs at the lowest level in the European Union into next year after a sharp drop in inflation.

[ID:nL3091748] [RTRS-LEN-CZ-CEN-INT]

- For HIGHLIGHTS of Governor Zdenek Tuma's comments at a monthly news conference, double click on [ID:nL3075376].

- For analysts' interest rate forecasts, click on [ID:nL24299086].

Thursday's meeting was the last for the board in the old composition. Two newcomers, appointed on Tuesday, join the policy body on Friday and will vote on rates for the first time on Dec. 20.

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

POLL: ECONOMY TO SLOW, INFLATION TO TICK HIGHER

The Czech economy is forecast to have grown at a 5.2 percent clip in the third quarter, deepening the slowdown from its cycle peak early this year, a Reuters poll showed.

Inflation is forecast to tick up to 1.5 percent in November from a near 1-1/2-year low of 1.3 percent in October. The jobless rate is seen dipping to 7.3 percent from 7.4 percent a month earlier.

[ID:nL30680319] [POLL/CZ]

- For TABLES detailing analysts' forecasts for GDP and CPI data, double click on [ID:nL30712025] and [ID:nL30590160].

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))