Czech Republic - Factors To Watch on Feb 21

                                
 PRAGUE, Feb 21 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday:
                                
 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 ============================
                                
  C.BANK GOV MEETING: Czech President Vaclav Klaus to meet
Czech central bank (CNB) Governor Zdenek Tuma at 1200 GMT.
Agenda of the meeting is not available.
                                
 Related news: [RTRS-CEN-PLCY]
                                
 
                                
 C.BANK MEETING: The Czech central bank (CNB) governing board
holds a regular weekly meeting. It is not scheduled to discuss
monetary policy issues.
                                
 Related news: [RTRS-CEN-PLCY]
                                
 
                                
 TELEFONICA RESULTS: Telecoms operator Telefonica O2 Czech
Republic <SPTTsp.PR>, a unit of Spain's Telefonica <TEF.MC>, to
release 2007 results.
                                
 Related news: [RTRS-TEL-RES]
                                
 
                                
 TELEFONICA BRIEFING: Telefonica O2 Czech Republic
<SPTTsp.PR> Vice-President Fernando Astiaso and Chamber of
Commerce President Jaromir Drabek hold a joint news conference
at 1200 GMT.
                                
 Related news: [RTRS-TEL-LEN]
                                
 
                                
 T-BILL AUCTION: The finance ministry holds an auction of
26-week treasury bills.
                                
 Related news: [RTRS-GVD-DBT-ISU]
                                
 
========================= ELSEWHERE IN NEWS ====================
                                
 5-YR BOND SALE: The Czech Finance Ministry sold 50.7 million
crowns ($2.95 million) worth of 5-year government bonds
<CZ1001887=> <CZ5YT=RR> at an average yield of 4.201 percent in
the second, non-competitive round of an auction on Wednesday.
                                
 Story: [ID:nPRA001772]
                                
        [ID:nPRA001773] Related news: [RTRS-LEN-GVD-DBT]
                                
 
                                
 CEZ PROFIT: Czech power group CEZ <CEZPsp.PR> is expected to
double its net profit in the fourth quarter of 2007 on one-off
gains and higher demand for electricity, a Reuters poll showed
on Wednesday.
                                
 Story: [ID:nL20721816] Related news: [RTRS-LEN-ELG-UTIL]
                                
 
                                
 REUTERS MID-TERM POLL RESULTS: Table: [ID:nL20381349]
[RTRS-LEN-ECI-MCE]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,569.8  1,578.3   -0.54        -13.51
 vs Euro     <EURCZK=>  25.180   25.221   +0.16         +5.24
 vs Dollar      <CZK=>  17.061   17.199   +0.80         +6.49
 U.S. Equities  <.DJI>  12,427   12,337   +0.73         -6.31
 Pvs close or current levels vs prior domestic close at 1500
                                
 
========================= PRESS DIGEST =========================
                                
 OKD INVESTMENT: Czech black coal miner OKD, owned by New
World Resources, will boost investment to 7.21 billion crowns
($418.9 million) this year, from 2.07 billion in 2007, spending
mainly on new mining technologies.
                                
 Hospodarske Noviny, page 18
                                
 
                                
 (Reuters has not verified any of the newspaper reports that
may be quoted above and does not 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: Martin Dokoupil on +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
Reuters Messaging: peter.laca.reuters.com@reuters.net))
                                
 (Reporting by Martin Dokoupil)