Czech Republic - Factors To Watch on June 22

                                
 PRAGUE, June 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 + 2 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 - The Czech cabinet to hold a session, to debate
Report on Financial Market Developments in 2008 sumbitted by
Finance Minister. News conference due at 1100 GMT.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 SEVILLE, Spain - Czech central bank board member Robert
Holman to speak at conference organized by International
Association For The Scientific Knowledge.
                                
 Related news: [RTRS-LEN-CZ-PLCY]
=========================TOP NEWS===============================
                                
 LISBON TREATY: Legal guarantees given by the European Union
to Ireland change the Lisbon treaty, Czech President Vaclav
Klaus said on Saturday, opening a debate on whether the treaty's
ratification process should be renewed.
                                
  Story: [ID:nLK275103] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 RIGHTIST PARTY LEADS: The rightist Czech Civic Democrats
(ODS) have edged above the main leftist party, the Social
Democrats (CSSD) in popularity four months before an early
election, a survey showed.
                                
 Story: [ID:nLJ274433] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 POLL SHOWS RATE CUT: The Czech central bank will cut its
main policy rate by a quarter point to a new all-time low next
Thursday, reflecting a deep output drop in the central European
economy, a Reuters poll showed.
                                
 Story: [ID:nLI504582] Related news: [RTRS-LEN-CZ-CEN]
                                
 Table: [ID:nLI930417]

                                
 FX FIRM: Currencies in the European Union's main emerging
markets firmed on Friday, led by the Czech crown which surged to
its strongest levels versus the euro since January as it hit
stop-loss levels in low liquidity.
                                
 Story: [ID:nLJ207227] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 INVESTEC SHORTS CROWN: Investec Asset Management <INVP.L>
currency manager Werner Gey van Pittius has shorted the Chilean
Peso, the Taiwanese dollar and the Czech crown using a computer
model which predicts the likelihood of currency crises.
                                
Story: [ID:nLJ76005] Related news: [RTRS-LEN-CZ-FRX]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities  <.PX>   931.9    931.9   +0.00          n/a 
 vs Euro     <EURCZK=>  26.160   26.160   +0.00         +2.41
 vs Dollar      <CZK=>  18.871   18.862   -0.05         +1.27
 U.S. Equities  <.DJI>   8,540    8,556   -0.19         -2.70
 Pvs close or current levels vs prior domestic close at 1600 GMT

=========================PRESS DIGEST===========================
                                
 STATE HELP: ArcelorMittal's Czech unit is asking for tens of
millions monthly in state help for salaries of workers it has
sent home due to a drop in orders.
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 MORE FOXCONN: The country's sixth-largest company by
revenue, Foxconn, wants to add 1,000 employees; it currently
employs more than 6,000. The company last year lost 1.1 billion
czech crowns ($58.42 million) due to the crown currency exchange
rate, its chief said.
                                
 Mlada Fronta Dnes, page B5
                                
 
                                
 ORCO BOARD SEATS: Orco Property Group <ORCOsp.PR> is
proposing giving three new board seats to investors: two to its
largest shareholder Prosperita and one seat to its largest
individual shareholder Martin Burda.
                                
 Hospodarske Noviny, page 24
                                
 
                                
 CSSD'S INCOME TAX: The leftist Social Democrats (CSSD) are
considering proposing a third tax bracket for lower-income
earners to go along with its already-proposed two tax brackets.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 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)