Czech Republic - Factors To Watch on Oct 12

PRAGUE, Oct 12 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Thursday:

INDUSTRY OUTPUT

August industrial output data are due out at 9 a.m. (0700 GMT).

[RTRS-LEN-CZ-ECI]

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

T-BILL AUCTION

The finance ministry offers a tranche of 52-week Treasury bills in an auction to be conducted by the central bank.

- For auction results and details, click on <CNB05>.

[RTRS-LEN-CZ-MMT]

C.BANK HOLDS NON-POLICY MEETING

Central bank governing board meets for a regular weekly meeting. It is not scheduled to discuss monetary policy issues.

[RTRS-LEN-CZ-CEN]

PRESIDENT ACCEPTS GOVT RESIGNATION

President Vaclav Klaus accepted the resignation of Prime Minister Mirek Topolanek's minority government on Wednesday, opening the way for talks on selecting a new cabinet and possible early elections.

[nL11758180] [RTRS-LEN-CZ-POL]

STATE BUDGET GAP

The Czech 2006 state budget deficit looks set to overshoot the original target by nearly one third because of a projected shortfall in revenues and higher than expected expenditures.

[nL11739279] [RTRS-LEN-CZ-GVD]

The Finance Ministry lowered its prediction for the 2006 public finance deficit to 3.5 percent of gross domestic product (GDP) from a previous forecast of 3.8-3.9 percent of GDP, thanks to better results at local budgets and healthcare insurers.

[nL11351367]

- For TABLE detailing the public sector balance results and forecasts, click on [nL1189314].

CEZ TARGET UPPED

Sal.Oppenheim has reiterated its "buy" rating on Czech power utility CEZ <CEZPsp.PR> while increasing the fair value target for the stock by 2 percent to 1,000 crowns.

[nL11699388] [RTRS-LEN-CZ-CEZPsp.PR]

WORK ON TOLL SYSTEM HALTED

A Czech regional court has issued a preliminary order forcing Austria's Kapsch to immediately halt construction of a highway toll system in the Czech Republic.

[nL11770563] [RTRS-LEN-CZ-ELC]

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