Czech Republic - Factors To Watch on Aug 12

                                
 PRAGUE, Aug 12 (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 + 2 hours)

======================== ECONOMIC DATA ========================
                                
 June current account balance data at 0800 GMT
                                
 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 central bank (CNB) press conference on
cancellation of 50-heller coins and 20-crown notes at 0800 GMT.
Board member Pavel Rezabek to attend.
                                
 
====================== TOP NEWS ================================
                                
 CZECH, SLOVAK Q2 GROWTH SEEN SLOWING, HUNGARY UP: Inflation
and the euro zone's economic slump took another bite out of
growth in two of emerging Europe's biggest economies in the
second quarter, while laggard Hungary continued its slow march
to recovery.
                                
Story: [ID:nLB675891] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CEZ Q2 NET SEEN UP: Czech power group CEZ <CEZPsp.PR> is
expected to post a 35 percent increase in the second-quarter net
profit on rising electricity prices and better utilisation of
its nuclear plants, a Reuters poll showed on Monday.
                                
Story: [ID:nLB332292]  Related news: [RTRS-LEN-CZ-ELG]
                                
 
                                
 CROWN GAINS: The Czech crown rose more than 1 percent
against the euro in morning trade on Monday on the back of the
retreating dollar, which triggered stop loss trades.
                                
 Story: [ID:nLB690749] Related news: [RTRS-LEN-CZ-FRX]
                                

 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,457.4  1,453.5   +0.27        -19.71
 vs Euro     <EURCZK=>  24.157   24.135   -0.09         +9.70
 vs Dollar      <CZK=>  16.259   16.104   -0.87        +11.85
 U.S. Equities  <.DJI>  11,782   11,734   +0.41        -11.18
 Pvs close or current levels vs prior domestic close at 1500

====================== PRESS DIGEST=========================== 
                                
 NUCLEAR POWER: The Czech Parliament should call a referendum
to decide whether power group CEZ <CEZPsp.PR> should built two
new rectors at its nuclear plant in Temelin, deputy chairman of
junior coalition partner the Greens said.
                                
 Pravo, page 3
                                
 
                                
 GEORGIA CONFLICT: The United Nations Security Council, EU,
and NATO should call for a ceasefire in Georgia and peasekeeping
forces from third countries should be sent to the conflict
regions, Deputy Prime Minister Alexander Vondra said.
                                
 Lidove 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
                                
[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)