PRAGUE, Oct 1 (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 + 2 hours) ======================== ECONOMIC DATA ========================
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 - Purchasing Managers' Index (PMI) for September due out at 0730 GMT.
PRAGUE - End-September budget balance data.
PRAGUE - The Czech cabinet to hold a regular session. News conference at 1200 GMT.
========================= TOP NEWS ============================
CZECH C.BANK CHIEF SAYS BANKS HEATHY: Czech banks are healthy and hold no toxic assets in a significant amount, Czech central bank (CNB) chief said on Wednesday.
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] Related news: [ ]CZECHS TO RAISE MORE FOREIGN DEBT IN 2009: The Czech government expects to raise more foreign debt through bonds and loans next year but to cut back the outstanding volume of domestic bonds, the draft 2009 budget documentation showed on Tuesday.
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] Related news: [ ]POLES, CZECHS SEE NO IMPACT FROM GLOBAL TURMOIL: Global financial turmoil has had little impact so far on Poland, the Czech Republic and Slovakia, with their banks mostly unexposed to the bad credits rocking U.S. and European financial houses, officials said on Tuesday.
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] Related news: [ ]
CZECH C.BANK SAYS BANKS SHELTERED FROM CRISIS: The Czech financial system is relatively isolated from the global financial crisis and there is no reason for concern, the central bank (CNB) said
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SANOFI GETS APPROVAL FOR ZENTIVA BID: The Czech central bank said on Tuesday Sanofi-Aventis <SASY.PA> can go ahead with its improved bid for generic drugs producer Zentiva <
>.Story: [
] Related news: [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008 Czech Equities <
> 1,204.7 1,205.5 -0.07 -33.63 vs Euro <EURCZK=> 24.550 24.535 -0.06 +7.94 vs Dollar <CZK=> 17.387 17.398 +0.11 +4.55 U.S. Equities < > 10,851 10,365 +4.68 -18.20 Pvs close or current levels vs prior domestic close at 1500 ======================= PRESS DIGEST===========================FINMIN'S GDP GROWTH ESTIMATE: Czech Finance Minister said he personally expects GDP growth at 3 percent to 4.5 percent in 2009.
Mlada Fronta Dnes, page B2
CZECH BANKS SEE NO IMPACT FROM GLOBAL TURMOIL: The global financial markets turmoil does not concern large Czech banks, the chief executives of two of the three largest lenders said on Wednesday.
Hospodarske Noviny, page 3
SANOFI PUBLISHES IMPROVED OFFER: Sanofi-Aventis <SASY.PA> released its improved, 1,150 crown per share bid for Czech drugs maker Zentiva <
>.Hospodarske Noviny, page 28
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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] 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 Jana Mlcochova)