PRAGUE, Jan 26 (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 + 1 hours)
=========================ECONOMIC DATA=========================
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 - The Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
Related news: []
PRAGUE - 15-year government bond auction <CZ1002547=>.
Related news: []
=============================MORNING NEWS=======================
CBANKER ZAMRAZILOVA: Current Czech interest rates were
appropriate during the crisis but it is necessary to give a
clear signal that the crisis is over, a central banker who has
been advocating a rate hike was quoted as saying.
Story: [] Related news: []
UNIPETROL Q4: Czech downstream oil group Unipetrol
<> said on Wednesday it expected fourth-quarter
operating profit to be worse than in the third quarter.
Story: [] Related news: []
=============================TOP NEWS===========================
CROWN CLOSE TO TREND: The Czech crown <EURCZK=> is close to
its long-term trend despite January appreciation, central bank
Governor Miroslav Singer said in a presentation released on the
bank's website on Tuesday.
Story: [] Related news: []
UPWARD PRICE PRESSURES: The Czech economy is showing
slightly stronger-than-expected inflationary pressures, central
bank Governor Miroslav Singer said in a newspaper interview
published on Tuesday.
Story: [] Related news: []
GAS LINKS: Four central European energy ministers pushed
ahead on Tuesday with plans to boost the security of gas
supplies to the region, including a new link between Slovakia
and its southern neighbour Hungary.
Story: [] Related news: []
UNEMPLOYMENT UP: The Czech unemployment rate rose to 9.8
percent by mid-January from 9.6 percent seen at the end of 2010,
a Labour Ministry presentation showed on Tuesday.
Story: [] Related news: []
CEE MARKETS: Emerging European currencies edged up on
Tuesday but gains were capped by uncertainty over the interest
rate outlook, although Hungarian bond yields hit fresh
nine-month lows.
Story: [] Related news: []
CEE POWER: Czech day ahead prices jumped almost 9 percent on
Tuesday as wind generation in the region dropped and
temperatures remained cold, traders said.
Story: [] Related news: []
==========================PRESS DIGEST=========================
SAZKA DEBT: Investor Radovan Vitek bought more Sazka lottery
group debt, buying 12 million euros in debt from UniCredit Bank.
Mlada Fronta Dnes, page C2
AIRLINE DOWNSIZING: Indebted state carrier Czech Airlines
will begin a new round of layoffs of pilots and flight
attendents, whose size is still to be determined. The paper said
about 15 percent of pilots will be let go.
Mlada Fronta Dnes, page C3
GOVT DISPUTE: Transport Minister Vit Barta publicly
apologised to Prime Minister Petr Necas, as he asked, after
misinforming the PM over details of a media scandal over Barta's
former security firm following politicians.
Hospodarske Noviny, page 1
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: Jason Hovet on +420 224 190 476;
fax: +420 224 229 935
E-mail: prague.newsroom@reuters.com
