Czech Republic - Factors To Watch on July 8

                                
 PRAGUE, July 8 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

 ======================== ECONOMIC DATA ========================
                                
 June inflation data at 0700 GMT
                                
 June unemployment data at 0700 GMT
                                
 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 ==================================
                                
  PRAGUE - U.S. Secretary of State Condoleezza Rice to visit
the Czech Republic to sign a deal to base radar in the Czech
Republic as part of a missile defence shield. Scheduled to meet
Czech Prime Minister Mirek Topolanek (news conference at 1115
GMT) and Foreign Minister Karel Schwarzenberg (news conference
at 1300 GMT).
                                
 
                                
 PRAGUE - Q2 government debt duration data at 1200 GMT.
                                
 
                                
 LUXEMBOURG - Developer Orco Property Group <ORCOsp.PR> to
hold an extraordinary shareholders' meeting.
                                
 
====================== TOP NEWS ================================
                                
 CROWN MAY NOT BE STRONG ENOUGH TO TAME CPI: The Czech
crown's firming may not be enough to tame inflation and a hike
in borrowing costs may be needed, Czech central bank
Vice-Governor Mojmir Hampl said.
                                
 Story: [ID:L04124826] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CROWN HITS RECORD: The Czech crown <EURCZK=> hit new highs
to the euro on Monday, extending record gains seen in the past
month as investors increasingly look to the currency as a safe
haven and weigh chances of an interest rate hike.
                                
 Story: [ID:L07180484] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CARRY HELPS CEE CURRENCIES TO NEW HIGHS: The prospect of
short term rate hikes should keep emerging Europe's currencies
at new record levels, a trend boosted by strong growth and
anticipation of long-term appreciation on the road to the euro
zone.
                                
 Story: [ID:L04124826] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CAR SALES RISE: Czech new car sales rose 10 percent to
105,126 vehicles in the first half of 2008, the Car Importers'
Association (SDA) said on Monday.
                                
 Story: [ID:L0783446] Related news: [RTRS-LEN-CZ-AUT]
                                
 
 ====================== PRESS DIGEST ===========================
                                
  EURO ADOPTION: It is risky for a small open economy to
conform with the single monetary policy of the euro zone and
early adoption of the euro would likely result in higher
inflation, Czech central bank's board member Robert Holman said.
                                
 Hospodarske Noviny, page 9
                                
 
                                
 GREENS MAY LEAVE GOVT: The Greens will leave the coalition
if the government takes specific steps related to nuclear energy
and lifting mining limits.
                                
 Hospodarske Noviny, page 2
                                
 
                                
 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 +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)