Czech Republic - Factors To Watch on July 10

                                
 PRAGUE, July 10 (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 ========================
                                
May industrial and construction output data at 0700 
                                
 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 Czech currency.............................[CZK/]
                                
 
====================== EVENTS ==================================
                                
     
                                
 Until FRIDAY
                                
 PRAGUE - International conference on Missile Defence:
"Challenges in Europe" to continue.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 PRAGUE - Prime Minister Mirek Topolanek to visit Industry
and Trade Ministry. News conference at 0800 GMT

====================== TOP NEWS ================================
                                
 ANTI-MISSILE RADAR SEEN RATIFIED BY YEAR END:The Czech
parliament should ratify a treaty to build a U.S. missile
defense radar site in the central European NATO member by the
end of this year, Deputy Foreign Minister Tomas Pojar said.
                                
 Story: [ID:nL09390900] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 ZENTIVA REJECTS PPF OFFER:  Czech generic drug maker Zentiva
<ZNTVsp.PR> reiterated on Wednesday that a buyout bid by
financial group PPF did not reflect the company's underlying
value as it advised shareholders to reject the offer.
                                
 Story: [ID:nL09296507]  Related news: [RTRS-LEN-CZ-DRU]
                                
 
                                
 REGIONAL CURRENCIES AT ALL TIME HIGHS: Three Central
European currencies, the Polish zloty <EURPLN=D2>, the Hungarian
forint <EURHUF=D2> and the Czech crown <EURCZK=>, hit record
highs on Wednesday, bolstered by high interest rates and
long-term prospects for joining the euro.
                                
 Story [ID:nL09560214] Related news [RTRS-LEN-FRX-CEEU]
                                
 
                                
 RUSSIA UPSET BUT NO HYSTERICS OVER US SHIELD: Russia will
consider how to retaliate over a planned U.S. missile shield but
wants to continue talks on the issue with Washington, President
Dmitry Medvedev said.
                                
 Story: [ID:nL09338981] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 CEZ PRICES BOND: CEZ <CEZPSP.PR> prices 600 million euro
2014 bond, 6.0 percent, at mid swaps +120 basis points.
                                
 Story: [ID:nL09518842] Related news: [RTRS-LEN-CZ-DBT]
====================== OTHER NEWS ============================
                                
 CITI GROUP UPS NWR: Citigroup upgraded its rating for NWR
<NWRS.L> <NWRSsp.PR> to buy from hold.
                                
  Related news: [RTRS-LEN-CZ-RCH]

 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,455.2  1,423.2   +2.25        -19.83
 vs Euro     <EURCZK=>  23.455   23.475   +0.09        +12.98
 vs Dollar      <CZK=>  14.898   14.906   +0.09        +22.00
 U.S. Equities  <.DJI>  11,147   11,384   -2.08        -15.96
 Pvs close or current levels vs prior domestic close at 1500
                                

 ====================== PRESS DIGEST ===========================
                                
 GOVT APPROVES SHARE SWAP DEAL: Government approved on
Wednesday a share swap deal, in which the labour and social
affairs ministry aims to exchange its 14.19 percent stake in
Prazska Energetika (PRE) for a 0.4 percent stake in CEZ
<CEZPsp.PR> to raise cash for planned pension reform.
                                
 Hospodarske Noviny, page 20
                                
 
                                
 ZIEGLER TO ADVICE ECM: Karel Ziegler, the ex-CFO at AAA Auto
<AAAAsp.PR> will act as an adviser for developer ECM
<ECMPsp.PR>.
                                
  Hospodarske Noviny, page 20
                                
 
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 +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)