PRAGUE, Sept 30 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================ECONOMIC DATA=========================
Q2 foreign debt data at 0800 GMT.
August money supply data at 0800 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies.............................[]
==========================EVENTS==============================
PRAGUE - 6-year government euro denominated bond auction.
Related news: []
PRAGUE - The lower house of parliament to hold a session.
Related news: []
PRAGUE - Final day for bidding in the government's tender
for Czech Airlines (CSA).
Related news: []
==========================TOP NEWS============================
BUDGET DRAFT: The Czech interim government approved a 2010
central state budget draft with a deficit of 162.7 billion
crowns ($9.41 billion) on Tuesday, cutting its shortfall as it
battles to get its economy back on track.
Story: [] Related news: []
LISBON COMPLAINT: Seventeen Czech senators filed a
constitutional complaint against the Lisbon Treaty on Tuesday,
giving eurosceptic President Vaclav Klaus extra time in which to
stall signing the treaty into law.
Story: [] Related news: []
CEE SUMMIT: BAD DEBT UNDERESTIMATED: Eastern Europe's banks
have underestimated the value of bad loans they hold in the
aftermath of the financial crisis and their impact will be felt
across the region next year, the chief economist at the European
Bank for Reconstruction and Development (EBRD) said on Tuesday.
Story: [] Related news: []
* For a TAKE-A-LOOK from Reuters C.Europe Investment Summit
click on []
CEE MARKETS: Romania's leu <EURRON=> firmed slightly on
Tuesday after the central bank cut interest rates by an expected
50 basis points, while the zloty <EURPLN=> fell on concerns over
Poland's mounting public debt.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 1145.1 1145.1 0.24 33.43
vs Euro <EURCZK=> 25.144 25.15 0.02 6.01
vs Dollar <CZK=> 17.2 17.245 0.26 10.01
U.S. Equities <> 9742.2 9789.36 -0.48 11.00
Pvs close or current levels vs prior domestic close at 1600
==========================PRESS DIGEST========================
LISBON COMPLAINT: The Constitutional Court promised a faster
process in dealing with a group of senators' complaint against
the Lisbon Treaty. Seperately, former Prime Minister Mirek
Topolanek said the country could lose an EU commissioner's seat
due to delay in ratification.
Hospodarske Noviny, page 1
NEW TAX SYSTEM PROPOSAL: Finance Minister Eduard Janota is
planning to propose a new tax law which would simplify the tax
system and cancel part of allowed exceptions.
Hospodarske Noviny, page 1
CEZ IN POCERADY: Power group CEZ <> received
Environment Ministry approval to build a 20 billion crown
gas-fired power plant in Pocerady.
E15, page 8
KB CROSS DEAL: Komercni Banka <> signed a five-year
deal with Ceska Pojistovna insurer for cross-selling products.
Hospodarske Noviny, page 19
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on []
For summary of economic data and forecasts <CZ/ECON01>
For diary of forthcoming Czech events []
For calendar of east European economic indicators []
TOP NEWS -- Emerging markets []
TOP NEWS -- Convergence watch []
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 <> Budapest BUX <> Prague 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)
