Czech Republic - Factors To Watch on Dec 3

                                
 PRAGUE, Dec 3 (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 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 ===============================
                                
 STIRIN - Strategic Forum with Czech central bank (CNB)
Governor Zdenek Tuma and Prague Stock Exchange (BCPP) Chairman
Petr Koblic (0900 GMT).
                                
 Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 PRAGUE - The lower house of parliament to hold an
extraordinary session. The second and third reading of 2009
state budget draft on the schedule (0800 GMT).
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - 8-year government bond auction <CZ1002331=>.
                                
 Related news: [RTRS-LEN-CZ-GVD]
                                
 
 ====================== TOP NEWS ===========================
                                
 FX HIT WEAKER TONE: Central European currencies weakened on
Tuesday, depressed by poor stock performance, with the Serbian
dinar hitting an all-time low and Romanian markets mostly
sidelined.
                                
 Story: [ID:nL2205109] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 FALLING INFLATION LEAVES POLICY ROOM: A strengthening trend
of disinflation gives the Czech central bank room for further
monetary easing, Deputy Governor Miroslav Singer said on
Tuesday.
                                
 Story: [ID:nPRG001144] Related news: [RTRS-LEN-CZ-INT]
                                
 
                                
 DATA TO SHOW ECONOMIC SLOWDOWN: Czech consumer price
inflation probably eased further in November, while other data
this month is seen confirming an economic slowdown as the global
financial crisis bites, a Reuters poll showed on Tuesday.
                                
 Story: [ID:nL2329784] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CEZ SEES PROFIT GROWTH SLOWER: Profit growth for power group
CEZ <CEZPsp.PR> is slower due to slipping economic growth, but
will not come to a halt, the Czech utility's chief executive
said on Tuesday.
                                
 Story: [ID:nL2399299] Related news: [RTRS-LEN-CZ-ELG]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 0,000.0  0,821.4   +0.00       -100.00
 vs Euro     <EURCZK=>  25.675   25.790   +0.00         +2.75
 vs Dollar      <CZK=>  20.256   20.260   -0.00        -10.32
 U.S. Equities  <.DJI>  08,419   08,149   +3.31        -36.53
 Pvs close or current levels vs prior domestic close at 1500

====================== PRESS DIGEST ===========================
                                
 PM INTRODUCES EMERGENCY PLAN: Prime Minister Mirek Topolanek
introduced a plan which could aid the economy if growth were to
fall below growth of 2 percent next year. The plan includes
lower taxes, and increasing pensions and state wages.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 OKD SELLS BASTRO: New World Resources' <NWRSsp.PR> OKD
mining group sold its subsidiary specialising in machine
maintenacne OKD, Bastro to Bucyrus DBT Europe for an undisclosed
amont.
                                
 E15, page 8
                                
 
                                
 VIENNA EXCHANGE LOOKING AT INTEGRATION: Wiener Boerse, which
has stakes in four central European stock exchanges including
Prague, plans to create a common trading platform in the region.
                                
 E15, page 14
                                
 
                                
 CZECHS TO AVOID RECESSION: Czech economic growth will slow
in the next two years, but should avoid a recession, central
bank board member Eva Zamrazilova said.
                                
 Hospodarske Noviny, page 23
                                
 
                                
 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)