Czech Republic - Factors To Watch on Jan 11

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CONFIDENCE VOTE DUE ON JAN. 19

The new government will hold a confidence vote on January 19, just 10 days after its appointment by President Vaclav Klaus, daily Pravo reports without giving the source of its information.

Pravo, page 1 [RTRS-LEN-CZ-POL]

LEFTISTS REJECT GOVERNMENT

Czech leftist Social Democrats rejected a request by the centre-right government to lend it support in an upcoming confidence vote, making the new cabinet's fate highly uncertain.

[ID:nL10362922] [RTRS-LEN-CZ-POL]

POLITICAL INSTABILITY LIKELY TO LAST

The appointment of the Czech Republic's second government in seven months since an inconclusive general election last summer is unlikely to end the current political crisis.

[ID:nL10278295] [RTRS-LEN-CZ-POL]

- For FACTBOX on key posts in the new government, double click on [ID:nL08820235].

- For FACTBOX on key points of the coalition agreement, see [ID:nL08658091].

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

DRUZHBA OIL FLOW RESUMES

Belarus said on Wednesday it had restarted the flow of Russian oil through the Druzhba pipeline, ending a three-day stoppage that rattled Europe.

[ID:nL10261962] [RTRS-LEN-CRU-RU-CZ]

- For related FACTBOX, double click on the following codes:

[ID:nL09815694]

[ID:nL0938570]

FOURTH MOBILE OPERATOR TO ENTER MARKET

MobilKom, controlled by investment house Penta, has received a licence to offer communication services in the CDMA network. It aims to gradually roll out services from the second quarter this year.

Mlada fronta Dnes, page 1. [RTRS-LEN-CZ-TEL]

CEZ LOOKS AT BUILDING PLANT IN POLAND

Power firm CEZ s looking at the possibility to build a new power station in Poland.

Mlada fronta Dnes, page B1. [RTRS-LEN-CZ-ELG]

C.BANKERS TALKS OF RATE CUT

Czech central bank Vice-Governor Miroslav Singer raised the option of an interest rate cut to offset the strength of the crown on Wednesday, wrong-footing market expectations that the next rate move would be a hike.

[ID:nL10244378] [RTRS-LEN-CZ-CEN]

C.BANK BOARD MEETS

Central bank's governing board hold a regular meeting, not focused on monetary policy.

[RTRS-LEN-CZ-CEN]

BOND AUCTION

The Czech Republic slightly raised the sale of the 3.80 percent coupon government bond, but the market was disappointed to see the auction draw the poorest investor demand in half a year.

[ID:nL10322358] [RTRS-LEN-CZ-GVD]

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

For real-time stock market index quotes click in brackets: Warsaw WIG20 Budapest BUX Prague 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 Jan Lopatka, editing by ; prague.newsroom@reuters.com; Reuters Messaging: jan.lopatka.reuters.com@reuters.net; +420-224 190 474))

[PRAGUE/Reuters/Finance.cz]