Czech Republic - Factors To Watch on Dec 14

PRAGUE, Dec 14 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Thursday:

GOVT TALKS COLLAPSE

Talks on forming a broad coalition government in the Czech Republic collapsed after Prime Minister Mirek Topolanek's rightist Civic Democratic Party ended negotiations with his leftist rivals.

[nL13571797]

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

BUDGET APPROVAL

Lawmakers approved the 2007 state budget as leftist and rightist parties voted together to approve the legislation that sees a 91.3 billion crown ($4.35 billion) shortfall.

[nL13313809] [nL12888852] [RTRS-CZ-POL-GVD-LEN]

CEZ TO STAY IN STATE HANDS

The main political parties have agreed to keep a majority stake in power company CEZ <CEZPsp.PR> for at least four years, party officials said.

[RTRS-LEN-CZ-CEZPsp.PR]

DEBT AUCTION

The Finance Ministry raised the sale of 3.25 percent government bond due November 2009 <CZ1001754=> to 6.52 billion crowns ($310.8 million) in the first, competitive round of bidding on Wednesday.

It sold additional 508 million crowns worth of bonds in the second auction round.

- For auction details and results, double click on the code in brackets <CNB08>.

CURRENT ACCOUNT

Theh current account posted its second-highest monthly deficit for the year in October on the back of chunky profit outflows, leading some analysts to raise the prospect of a weaker crown currency.

[nL13660072]

- For INSTANT VIEW of October balance of payments data, double click on the code in brackets: [ID:nL12287193]

- For real-time economic data releases and consensus forecasts, double click on the code in brackets: <ECONCZ>

- For quick overview of most recent economic indicator releases, click on [CZ/INSTANT].

- For regular market reports on the Czech currency, click on [CZK/].

PEGAS IPO

Artificial fabrics maker Pegas Nonwovens will debut on the Prague Stock Exchange on Dec. 18. Books in the firm's initial public offering will close on Thursday and pricing of the issue should be announced on Friday.

Pegas price quotes will be available to Reuters clients under the Reuters Instrument Codes <PGSNsp.PR>, <PGSN.PR> and <PGSN.WA>.

[nL13230615] [RTRS-LEN-CZ-PEGAS]

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)) ($1=21.09 Czech Crown)