Czech Republic - Factors To Watch on June 25

                                
 PRAGUE, June 25 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies.............................[CEE/]
 
=========================EVENTS=================================
                                
 PRAGUE - 52-week T-bill auction.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PRAGUE - Czech central bank governing board to meet on
interest rates. An announcement is expected sometime after 1000
GMT with a news conference to follow at around 1330 GMT.
                                
 Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 PRAGUE - Power firm CEZ <CEZPsp.PR> to hold a news
conference with CEO Martin Roman and Deputy Chairman Daniel
Benes on steam-gas power station contracts signature (1300 GMT).
                                
 Related news: [RTRS-LEN-CZ-ELG]
                                
 
=========================TOP NEWS===============================
                                
 CEZ SEES BOTTOM: The steepest drop in electricity
consumption is probably over and demand has stabilised with no
quick improvement in sight, the chief financial officer of Czech
power group CEZ <CEZPsp.PR> said.
                                
 Story: [ID:nLO694721] Related news: [RTRS-LEN-CZ-ELG]
                                
 
                                
 NO EXTRA CEZ DIVIDEND: The Czech Finance Ministry is not
planning any extraordinary dividend payment from majority
state-owned power group CEZ <CEZPsp.PR>, a ministry spokesman
said.
                                
 Story: [ID:nLO731081] Related news: [RTRS-LEN-CZ-DIV]
                                
 
                                
 BOND DEMAND SLIPS: Investors cooled somewhat to a second
auction of a Czech 15-year government bond on Wednesday, with
the yield edging up due to caution over a widening state budget
gap.
                                
 Story: [ID:nLO224349] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 CEE FX HIGHER: Hungary's forint led gains among central
European currencies on Wednesday, benefiting from a perceived
improvement in carry trade as Poland cut rates as expected and
the ECB gave record loans to banks, traders said.
                                
 Story: [ID:nLN406496] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CSA DEADLINE EXTENDED: The Czech Finance Ministry extended
the deadline for binding bids in the sale of state-owned Czech
Airlines (CSA) to Sept. 15 from July 13 to give more time for
due diligence, it said.
                                
 Story: [ID:nPRG001485] Related news: [RTRS-LEN-CZ-MRG]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities  <.PX>   904.7    904.7   +0.00       -100.00
 vs Euro     <EURCZK=>  26.025   26.025   +0.00         +2.94
 vs Dollar      <CZK=>  18.640   18.658   +0.13         +2.56
 U.S. Equities  <.DJI>   8,300    8,323   -0.28         -5.43
 Pvs close or current levels vs prior domestic close at 1600 GMT

=========================PRESS DIGEST===========================
                                
 NO UNIPETROL DIVIDEND: As expected, Unipetrol <UNPEsp.PR>
will not pay a dividend from 2008 profits, shareholders decided
at a general meeting.
                                
 Hospodarske Noviny, page 3
                                
 
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.
                                
 
 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: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
  (Compiled by Jason Hovet)