Czech Republic - Factors To Watch on March 6

                                
 PRAGUE, March 6 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Friday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 1 hour)

======================== ECONOMIC DATA ========================
                                
 February foreign exchange reserves data at 0900 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 - European Summit of Regions and Cities with address
of European Commission President Jose Manuel Barroso (0800 GMT)
and Commissioner for Regional Policy Danuta Hubner (0855 GMT).
News conference at 0900 GMT.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
============================NEWS================================
                                
 CEE FX FALL IN ONE DIRECTION: Hungary's forint hit a record
low to the euro on Thursday, as a fall in global risk appetite
hit Central European currencies and the head of the European
Central Bank said there should be no loosening of terms for
moving towards the euro.
                                
 Story: [ID:nL549526] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CROWN GIVES UP GAINS: The Czech crown dropped 1.7 percent on
Thursday, wiping out sharp gains from the previous session as
falling global stocks raised investors aversion to risk.
                                
 Story: [ID:nWLA9053] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 EURO RULES STAYING PUT: The rules for joining the euro and
its ERM-2 proving ground are vital to the EU's stability and the
framework for joining the common currency should stay unchanged,
ECB chief Jean-Claude Trichet said on Thursday.
                                
 Story: [ID:nL5926717] Related news: [RTRS-LEN-CZ-EUR]
                                
 
                                
 ERSTE GETS BOOST FROM SPORITELNA: Austria's Erste Bank
<ERST.VI> will get a cash injection from its Czech unit Ceska
Sporitelna which set out plans to pay all of its 628.4 million
euro 2008 net profit in dividends.
                                
 Story: [ID:nL5169199] Related news: [RTRS-LEN-CZ-BNK]
                                
 
                                
 PRAGUE SUMMIT SET: European Union leaders and U.S. President
Barack Obama will discuss the financial crisis and security
issues at an April summit in Prague, the Czech EU presidency
said on Thursday.
                                
 Story: [ID:nL5914170] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 RWE PLANS NEW GAS LINK: Germany's RWE <RWEG.DE> plans to
build an 80 million euro gas pipeline to connect its Czech
network with Austria, the arrival point for new strategic gas
links to Europe, its Czech unit said.
                                
 Story: [ID:nL5874077] Related news: [RTRS-LEN-CZ-ELG]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities  <.PX>   639.7    639.7   +0.00          N/A 
 vs Euro     <EURCZK=>  27.900   27.900   +0.00         -3.98
 vs Dollar      <CZK=>  22.065   22.058   +0.09        -13.29
 U.S. Equities  <.DJI>   6,594    6,876   -4.09        -24.86
 Pvs close or current levels vs prior domestic close at 1600 GMT

=========================PRESS DIGEST==========================
                                
 END OF SPAD: The Prague stock exchange's SPAD trading system
could end by 2012 as its new owner Vienna stock exchange
integrates the regional bourses it owns.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 CEZ CANNOT RAISE PRICES IN BULGARIA: Bulgarian electricity
suppliers, including a unit of CEZ <CEZPsp.PR>, failed in a
request to raised power prices by 10 percent from July.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 ORCO INVESTOR NOT LIKELY: The chief of Orco Property Group
<ORCOsp.PR> <ORCO.PA>, Jean-Francois Ott, does not expect the
entry of a new investor to the group, but cannot rule it out.
                                
 Mlada Front Dnes, page A10
                                
 
                                
 ORCO RENEGOTIATES LOANS: Orco Property Group <ORCOsp.PR>
<ORCO.PA> renegotiated 40 loans in the amount of 100 million
euros.
                                
 Hospodarske Noviny, page 22
                                
 
                                
 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)