Czech Republic - Factors To Watch on Dec 2

                                
 PRAGUE, Dec 2 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday.
                                
 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 Czech currency.............................[CZK/]
======================== EVENTS ===============================
                                
 PRAGUE - Czech Prime Minister Mirek Topolanek to meet
Canadian Governor General Michaelle Jean at 0815 GMT.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 VIENNA, Austria - Ertse Bank <ERST.VI> <ERSTsp.PR> to hold
an extraordinary shareholder's meeting.
                                
 Related news: [RTRS-LEN-CZ-BNK]
                                

                                
 PRAGUE - The lower house of parliament to hold an
extraordinary session (1300 GMT), to discuss parts of tax
legislation.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
 ====================== TOP NEWS ===========================
                                
 LISBON MOVES TO PARLIAMENT: The lower house of the Czech
parliament will debate the Lisbon treaty in an extraordinary
session on Dec. 9, its speaker said on Monday, moving ahead its
with ratification just weeks before assuming the EU presidency.
                                
 Story: [ID:nL1603815] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 FX RETREAT: Poland's zloty and Hungary's forint led a
retreat in central Europe currencies on Monday, with more signs
of a rough economic slowdown piling pressure on the region's
assets and sending stocks lower.
                                
 Story: [ID:nL1275329] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 DEBT ISSUES: Czech Republic will tap foreign debt markets
for up to $3.7 billion in 2009 but will take a cautious approach
due to market uncertainty and investor skittishness that has
hammered emerging European bond markets.
                                
 Story: [ID:nL1344949] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 BUDGET SHOWS DEFICIT: The Czech central state budget showed
a 6.52 billion czech crown ($322.3 million) deficit for
January-November, versus a 12.77 billion crown surplus a year
ago, data showed.
                                
 Story: [ID:nL1497739] Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 PMI DROPS: The Czech Purchasing Managers' Index (PMI)
dropped to 37.8 in November, from 41.2 in October, falling below
the critical 50.0 mark for the fifth consecutive month, Markit
Economics and ABN Amro said.
                                
 Story: [ID:nL1586931] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 WAGES UP: The average Czech real monthly wage rose 1.2
percent year-on-year from July to September, accelerating from
the previous quarter despite a rise in inflation, data showed.
                                
 Story: [ID:nL1610982]  Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CME PREPARES FOR SLOWDOWN: Television broadcaster Central
European Media Enterprises <CETVsp.PR><CETV.O> (CME) is
preparing for a slowdown in the rate of growth but not a decline
in six of its seven markets, its chief executive said on Monday.
                                
 Story: [ID:nL1391050] Related news: [RTRS-LEN-CZ-PUB]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 0,000.0  0,842.9   +0.00       -100.00
 vs Euro     <EURCZK=>  25.675   25.675   +0.00         +3.21
 vs Dollar      <CZK=>  20.289   20.313   +0.10        -10.46
 U.S. Equities  <.DJI>  08,149   08,829   -7.70        -38.57
 Pvs close or current levels vs prior domestic close at 1500

====================== PRESS DIGEST ===========================
                                
 ORCO'S OTT MAY HAVE TO PAY FINE: Orco Property Group's
<ORCOsp.PR> <ORCO.PA> may be fined by French regulators for late
notification of share transactions between July and October.
                                
 Hospodarske Noviny, page 13
                                
 
                                
 CEZ CONSIDERING PRICING CHANGE: Power group CEZ <CEZPsp.PR>
is considering allowing households to lock in electricity price
for up to two years ahead.
                                
 E15, page 1
                                
 
                                
 BANK PROFITS ON RISE: The combined net profit of Czech banks
rose 12 percent year-on-year to 37 billion crowns ($1.83
billion) in the first nine months of this years.
                                
 E15, page 14
                                
 
                                
 BANK DEPOSITS FALL: The amount of bank deposits in the Czech
Republic dropped for the first time in three years in October,
falling by 8 billion crowns.
                                
 Mlada Fronta Dnes, page B2
                                
 
                                
 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)