Czech Republic - Factors To Watch on Nov 22

                                
 PRAGUE, Nov 22 (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 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 CEE currencies............................[CEE/]
                                
 
============================EVENTS============================
                                
 PRAGUE - Power firm CEZ <CEZPsp.PR> to hold an extraordinary
shareholders' meeting (0700 GMT).
                                
 Related news: [RTRS-LEN-CZ-ELG]
                                
 
                                
 PRAGUE - Czech President Vaclav Klaus to meet his German
counterpart Christian Wulff. News conference at 1050 GMT.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
============================TOP NEWS==========================
                                
 2010 DEFICIT SEEN LOWER: The Czech public finance deficit
may be less this year than the planned 5.3 percent of GDP, due
to faster-than-expected economic growth, Finance Minister
Miroslav Kalousek said on Sunday.
                                
 Story: [ID:nLDE6AL05D] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 INTEREST RATES IN CEE: Poland will be the first country in
the European Union's eastern wing to start to reverse two years
of record loose monetary policy, but investors have begun to
think twice about the pace of tightening currently expected.
                                
 Story: [ID:nLDE6AE1R5] Related news: [RTRS-LEN-CZ-CEEU]
                                
 
                                
 CZECH PHILIP MORRIS RESULTS: Consolidated revenue at
cigarette maker Philip Morris CR <TABKsp.PR>, a unit of Philip
Morris International <PM.N>, dipped 3.9 percent year-on-year in
the third quarter, the company said on Friday.
                                
 Story: [ID:nPRG004511] Related news: [RTRS-LEN-CZ-RES]
                                
 
                                
 NWR ON TRACK TO MEET 2010 TGT: New World Resources (NWR)
said on Friday it was on track to meet its 2010 sales and
production targets after missing third quarter estimates when
some customers shifted sales to the fourth quarter.
                                
 Story: [ID:nLDE6AI09D] Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 CEE MARKETS: A weaker dollar gave a gentle boost to emerging
European currencies on Friday as investors digested data and
comments from policymakers for pointers to possible rate hikes,
with Poland seen as first in the tightening queue. 
                                
 Story: [ID:nLDE6AI0G4] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech power for the next working day eased amid
higher forecasts for wind generation in the region while Cal '11
baseload rose, along with gas.
                                
 Story: [ID:nLDE6AH1JY] Related news: [RTRS-LEN-CZ-DRV]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2010
 vs Euro    <EURCZK=>     24,68     24,683    0,01       6,22
 vs Dollar     <CZK=>     17,919     18,074    0,86      2,49
 Czech Equities <.PX>  1,147,1    1,147,1       -0,33       2,67
 U.S. Equities <.DJI> 11,203,55  11,181,23     0,2      7,44
 Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
                                
 
                                
 CEZ SHOULD HAVE SOME CO2 PERMITS AFTER 2013 FOR FREE: Czech
power group CEZ <CEZPsp.PR> supervisory board member Martin
Riman said the power firm should continue to get part of CO2
permits after 2013 for free. Some media had reported CEZ may
have to buy all permits that it will need after 2013 as a way
for the government to offset a sharp rise in power prices caused
by generous solar power subsidies.
                                
 E15, page 1
                                
 
                                
 CEZ SUPERVISORY BOARD: Five new members of CEZ supervisory
board should be elected at an EGM on Monday. Former Industry
Minister Martin Riman will be confirmed as the board chairman,
and former Finance Minister Eduard Janota will be his deputy.
Other members include Civic Democrats' Jiri Kadrnka and Lubomir
Lizal, TOP09's Ivo Foltyn and Public Affair's Lukas Hampl. The
opposition Social Democrats will have one board member, Former
Foreign Affairs Minister Jan Kohout.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 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