EMERGING EUROPE STOCKS - Factors to Watch June 13

                                
 WARSAW, June 13 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Friday.
                                
 
                                
 PGNIG
                                
 Polish energy market regulator URE tells Reuters it will not
allow PGNiG <PGNI.WA> to raise gas prices for the rest of  2008
even if oil prices rise further, raising the company's costs for
importing gas.                                  [ID:nL12327005]
                                
 For news on PGNiG double click [PGNI.WA]
                                
 
                                
 CEZ
                                
 Coal miner Czech Coal, a major supplier of coal for CEZ
<CEZPsp.PR> plans to start selling coal through auctions, which
is expected to boost prices by as much as tens of percentage
points, writes E15 daily.
                                
 
                                
 LOTOS
                                
 Poland's second-largest refiner Lotos <LTOS.WA> agreed on
conditions of a $1.75 billion loan to finance its investment
programme, Rzeczpospolita daily reports. The loan agreement with
the bank consortium will be signed this month.
For more news on Lotos double click [LTOS.WA]
                                
 
                                
 NUCLEARELECTRICA
                                
 Romania's nuclear power company Nuclearelectrica might not
be listed on the stock exchange this year as planned, the head
of the Bucharest bourse says.                    [ID:BUC001053]
For more news on the region's IPOs double click [CEEU-IPO]
                                
 
                                
 ROMANIAN RAILWAYS
                                
 Romanian road and railway infrastructure require at least 20
billion euros by 2013 from the state budget, the finance and
economy minister is quoted as saying by daily Business Standard.
                                
 
                                
 TERMOELECTRICA, E.ON< ENEL
                                
 Germany's E.ON <EONG.DE> will hold the majority stake in a
consortium with Italy's Enel <ENEI.MI> and Romanian state-owned
power producer Termoelectrica to build an 800 MW power unit,
Ziarul Financiar cites market sources as saying. The investment
is estimated at 900 million euros.
                                
 
                                
 POLNORD
                                
 Listed developer Polnord <PNOR.WA> sells 50 percent stake at
its real estate project in Warsaw to a Dutch subsidiary of
Morgan Stanley Real Estate Fund V. The company will earn about
32 million euros on the transaction.
                                
 For news on Polnord double click [PNOR.WA]
                                
 
                                
 EUROPEAN MARKETS
                                
 European equities were seen falling on Friday, reversing
some of the previous session's gains, as inflation concerns
remain high in investors' minds ahead of U.S. consumer prices
data.
                                
  Financial bookmakers, or spread betters, in London expected
Britain's FTSE 100 <.FTSE> index to open between 27 and 36
points lower, the German DAX <.GDAXI> 30 to 35 points lower, and
the French CAC 40 <.FCHI> 15 to 26 points lower.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET CLOSE
                                
 U.S. stocks rose on Thursday after a stronger-than-expected
May retail sales report and a $46 billion takeover bid for
Anheuser-Busch from an overseas rival helped the market recover
from a string of deep losses.
                                
 For latest Wall Street news, double click [.N]

                                
 OTHER EQUITY NEWS
 Stocks on the move      [HOT-RTRS] Real-time Equity News    [E]
 Emerging markets equities [EMRG-E] E.Europe equities     [.CEE]
 Hot stocks                   [HOT] Stock markets          [STX]
 Emerging Europe diaries [EMRG-EUROPE-DIARY]

 European stocks report  [.EU]
 Major world stock market performance     [.STX]
 FTSE Eurotop 300 index...................<.FTEU3>
 DJ STOXX index...........................<.STOXX>
 Eurotop 300 sector gainers/losers...<.PGL.FTEU3S>
 Top 25 European pct gainers............<.PG.PEUR>
 Top 25 European pct losers.............<.PL.PEUR>
 European Equities speed guide.............<EUR/EQUITY>
 Pan European indices.....................<EUR/INDICES1>
 Pan European analysis.....................<EUR/STATS1>
 
 REGIONAL INDICES
 Warsaw WIG20 <.WIG20>     Istanbul ISE National 100 <.XU100>
 Budapest SE Index <.BUX>  Bucharest Beti <.BETI>
 Prague PX <.PX>           Zagreb Crobex <.CRBEX>
 Sofia Sofix <.SOFIX>      Ljubljana SBI20 <.SBI>
 
 MSCI Global Emerging Markets <.MSCIEF>
 FTSEurofirst 300 <.FTEU3>
 ($1=2.175 Zloty)