Czech Republic - Factors To Watch on Nov 3

                                
 PRAGUE, Nov 3 (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.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies............................[CEE/]
                                
 
============================EVENTS==========================
                                
 PRAGUE - Komercni Banka <BKOMsp.PR> nine-month results. News
conference at 0800 GMT, conference call at 1500 GMT.
                                
 Related news: [RTRS-LEN-CZ-BNK]
                                
 
                                
 PRAGUE -The lower house of parliament to continue a session.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a session
 (www.vlada.cz/en/default.htm). News conference to follow.
                                
 Related news: [RTRS-LEN-CZ-PLCY]
 
============================TOP NEWS==========================
                                
 KOMERCNI Q3: Czech lender Komercni Banka <BKOMsp.PR> beat
forecasts with a 30 percent rise in third-quarter net profit,
thanks to falling provisions amid an economic recovery.
                                
 Story: [ID:nPRG004474] Related news: [RTRS-LEN-CZ-BNK]
                                
 
============================TOP NEWS==========================
                                
 POWER PRICE MOVES: The Czech government has proposed a 32
percent tax on carbon credits that power producers are set to
receive in 2011 and 2012 as the government seeks money to offset
power price increases resulting from a solar energy boom.
                                
 Story: [ID:nLDE6A10MD] Related news: [RTRS-LEN-CZ-ENR]
                                
 
                                
 STRIKE ALERT: Public sector unions in the Czech Republic
moved closer to a strike on Tuesday after the government refused
to yield on plans to cut wages as part of budget austerity
measures.
                                
 Story: [ID:nLDE6A1105] Related news: [RTRS-LEN-CZ-JOB]
                                
 
                                
 SKODA SALES: Volkswagen's <VOWG.DE> Czech unit Skoda Auto
plans to double revenue over the next 10 years, driven by higher
sales in fast growing non-European markets, its board of
directors chief Winfried Vahland said.
                                
 Story: [ID:nLDE6A1133] Related news: [RTRS-LEN-CZ-AUT]
                                
 
                                
 CEE MARKETS: Emerging European assets were flat on Tuesday,
little affected by concerns about fiscal policy in Hungary and
Romania as investors held fire ahead of likely monetary stimulus
moves from the U.S. Federal Reserve.
                                
 Story: [ID:nLDE6A10MF] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech spot power tumbled on Tuesday on forecasts
for strong wind generation in the region and as warmer weather
hit, traders said.
                                
 Story: [ID:nLDE6A11LV] Related news: [RTRS-LEN-CZ-DRV]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2010
 vs Euro    <EURCZK=>     24.489     24.525    0.16       6.96
 vs Dollar     <CZK=>     17.463     17.509    0.35       5.06
 Czech Equities <.PX>  1,160.8    1,160.8      0.29       3.89
 U.S. Equities <.DJI> 11,188.72  11,188.72     0.58       7.29
 Pvs close or current levels vs prior domestic close at 1500 GMT

=========================PRESS DIGEST==========================
                                
 AUSTERITY BILLS: The government coalition used a
"legislative emergency" stipulation in the lower house to push
through four cost-savings bills. The laws are part of the 2011
budget draft.
                                
 Pravo, page 1
                                
 
                                
 COALITION TIES: Coalition partner TOP09's leader Karel
Schwarzenberg said it would be more complicated for the
government's reforms if his party was not leading a Prague city
ruling group after winning the popular vote there.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 PENTA EYES SLOVAK BANKING: Financial group Penta Investments
is looking at the Slovak banking sector, and could start in the
sector with the acquisition of French-Belgian banking group
Dexia's local subsidiary.
                                
 Hospodarske Noviny, page 15
                                
 
                                
 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