PRAGUE, Dec 31 (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 hour) ======================== ECONOMIC DATA ========================
November money supply and Q3 foreign debt data at 0900 GMT
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[
]Overview of economic data and forecasts..........<CZ/ECON15>
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] ========================= TOP NEWS =============================CZECHS TO TAKE EU HELM: The Czechs have a tough act to follow when they take the helm of the European Union on Jan. 1 after French President Nicolas Sarkozy's energetic stint, but even still, anxiety in the bloc has risen to an unusual level.
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PM TOPOLANEK: Prime Minister Mirek Topolanek will take over leadership of the European Union when the Czech Republic takes over the bloc's rotating presidency in January. Here are some key details about the Topolanek:
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CZECH REPUBLIC AT A GLANCE: The Czech Republic takes over from France for a six-month stint at the rotating European Union presidency on Jan. 1. Its government's wobbly position, sniping by eurosceptic President Vaclav Klaus, and the latest economic turmoil have all raised concerns about the small ex-communist state's ability to lead the bloc effectively.
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EU TASKS: The Czech Republic will take over the six-month EU presidency on Jan. 1 as the bloc struggles to address the gathering economic crisis, revive a stalled reform treaty, and overcome cool ties with Russia. Following are key tasks, problems and events facing the EU and the Czechs in the first half of 2009.
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CZECHS DEFEND ISRAELI ATTACKS: The Czech Republic, which takes over the European Union's helm on Jan. 1, defended Israel's strikes against Hamas on Tuesday, diverging from other EU members' condemnation of the attacks.
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] Related news: [ ] ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct changeclose on day in 2008 Czech Equities <
> 0,858.2 0,867.6 -1.08 -52.72 vs Euro <EURCZK=> 26.635 26.670 +0.13 -0.51 vs Dollar <CZK=> 18.820 18.830 +0.23 -3.28 U.S. Equities < > 08,668 08,484 +2.17 -34.65 Pvs close or current levels vs prior domestic close at 1500 =========================PRESS DIGEST==========================GAZA CONFLICT: Czech Foreign Affairs Minister Karel Schwarzenberg plans to travel to the Middle East to try and broker a ceasefire in the Gaza conflict.
Hospodarske Noviny, page 1
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(Compiled by Jana Mlcochova)