PRAGUE, March 16 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday:
ALL TIMES GMT (Czech Republic: GMT + 1 hour)
======================== ECONOMIC DATA ========================
February producer prices and January foreign trade prices
data at 0800 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[]
=========================== EVENTS =============================
PRAGUE - Finance Ministry to detail Q4 government debt
figures.
Related news: []
PRAGUE - The Czech cabinet to hold a regular session. News
conference at 1200 GMT.
Related news: []
============================NEWS================================
EU MAY TOP UP CRISIS FUND: European Union leaders will next
week raise the possibility of topping up a 25 billion euro ($32
billion) crisis fund for hard-hit eastern European economies, a
draft EU document obtained by Reuters showed.
Story: [] Related news: []
G20 LEADERS PROMISE MONEY: G20 finance ministers promised
money on Saturday to rescue troubled emerging market economies
and said they would use their full fiscal and monetary firepower
to combat the worst downturn since the 1930s.
Story: [] Related news: []
CSA SEES TOUGH 2009: Czech Airlines (CSA) faces a tough year
due to a drop in passenger traffic and peaking lease payments,
but the firm will stay afloat unless the market deteriorates
dramatically, its CFO said on Friday.
Story: [] Related news: []
CEE FX HOLD GAINS FROM WEEK: The Polish zloty edged up on
Friday, while Hungary's forint fell from morning highs but still
held on to strong gains from a rally in stocks and the Swiss
central bank's move to sell francs on Thursday.
Story: [] Related news: []
SOCGEN CLOSES LONG EUR/CEE: Societe Generale recommends
closing long euro positions against Hungary's forint, the Polish
zloty and the Romanian leu, saying it has adopted a neutral
stance on currencies of the central and eastern European region.
Story: [] Related news: []
SWISS MOVE HELPS CEE FOR NOW: Switzerland's surprise move to
weaken the franc this week has given ordinary eastern Europeans
some breathing space in the economic crisis and may yet play a
role in stopping the region's financing crisis from worsening.
Story: [] Related news: []
CZECH C/A IN DEFICIT: The Czech current account posted a
deficit of 1.52 billion crowns ($74 million) in January, worse
than the market forecast for a 0.1 billion crown surplus, data
showed on Friday.
Story: [] Related news: []
CEE C/A DEFICITS DROP: Collapsing domestic demand slashed
current account deficits in Bulgaria and Romania, while Latvia
posted its first surplus since mid-1990s, raising worries that
the abrupt cut in the shortfall spells deep recession.
Story: [] Related news: []
CEE CBANKS TO MEET: Hungary will hold a working meeting for
central and eastern European central bank governors on March 20,
the National Bank of Hungary (NBH) said on Friday.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 692.3 692.3 +0.00 n/a
vs Euro <EURCZK=> 26.390 26.390 +0.00 +1.52
vs Dollar <CZK=> 20.453 20.453 +0.00 -6.57
U.S. Equities <> 7,224 7,170 +0.75 -17.69
Pvs close or current levels vs prior domestic close at 1600 GMT
===========================PRESS DIGEST=========================
RETAIL BONDS: The Finance Ministry could issue up to 140
billion crowns ($6.82 billion) in retail government bonds, with
the first tranche coming this year, Finance Minister Miroslav
Kalousek said.
Mlada Fronta Dnes, page B4
BANK DIVIDENDS: The three largest domestic banks -- CSOB,
owned by KBC <KBC.BR>; Ceska Sporitelna, owned by Erste Bank
<> <ERST.VI>; and Societe Generale's <SOGN.PA> Komercni
Banka <> -- will likely pay around 20 billion crowns to
their parents in dividends this year.
Euro, page 38
PM EXPECTS RADAR, BUT LATE: Prime Minister Mirek Topolanek
said he expected a radar base on Czech soil as part of a U.S.
missile shield will be built, but may be delayed.
Hospodarske Noviny, page 2
PROSPERITA IN ORCO: Domestic group Prosperita Investicni
Spolecnost now holds 5.02 percent in Orco Property Group
<> <ORCO.PA>.
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 []
For summary of economic data and forecasts <CZ/ECON01>
For diary of forthcoming Czech events []
For calendar of east European economic indicators []
TOP NEWS -- Emerging markets []
TOP NEWS -- Convergence watch []
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 <> Budapest BUX <> Prague 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)
