Czech Republic - Factors To Watch on Jan 4

                                
  PRAGUE, Jan 4 (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 hour)

=========================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 - Purchasing Managers' Index (PMI) for December due
out at 0830 GMT.
                                
 Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 PRAGUE - End-December budget balance data.
                                
 Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a session. News
conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
============================TOP NEWS============================
                                
 2009 BUDGET: The Czech central state budget deficit likely
reached 195 billion crowns ($10.6 billion) in 2009, around five
times an original target, the Prime Minister said on Sunday
citing preliminary figures.
                                
 Story: [ID:nLDE60205V] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 BONDS: The Czech Finance Ministry plans to borrow about half
of its estimated record financing needs this year through state
bonds to help cover an expected fiscal deficit of 162.7 billion
crowns ($8.83 billion).
                                
 Story: [ID:nLDE60102W] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 CEE MARKETS: The Polish zloty and Hungarian forint gained on
Thursday as dollar weakness helped riskier emerging European
assets end 2009 on a stronger note likely to last into the new
year.
                                
 Story: [ID:nLDE5BU08C] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 MONEY SUPPLY: Czech money supply, as measured by the M2
indicator, grew by 4.0 percent year-on-year at the end of
November, after a 4.1 percent rise the previous month, central
bank data showed on Thursday.
                                
 Story: [ID:nLDE5BU07X] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 FOREIGN DEBT: The Czech Republic's total foreign
indebtedness dipped to 56.16 billion euros at end-September from
a revised 56.62 billion euros at the end of June, the central
bank said on Thursday.
                                
 Story: [ID:nLDE5BU07W] Related news: [RTRS-LEN-CZ-ECI]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>    --      1117.3   -0.75         --
 vs Euro    <EURCZK=>  26.343    26.362    0.07        -0.09
 vs Dollar     <CZK=>  18.449    18.379   -0.38        -0.39
 U.S. Equities <.DJI>  10428.05  10548.51 -1.14         --
 Pvs close or current levels vs prior domestic close at 1600

============================PRESS DIGEST========================
                                
 TEMELIN: CEZ's <CEZPsp.PR> nuclear power plant Temelin
produced 13.2 terrawatt hours of electricity in 2009, slightly
less than planned.
                                
 Mlada Fronta Dnes, page B5
                                
 
                                
 CESKA SPORITELNA: Erste Bank's <ERST.VI> Czech unit Ceska
Sporitelna expects business to stabilise or show weak expansion
this year, and it aims to increase its market share in all
segments, its CEO Gernot Mittendorfer said.
                                
 E15, page 14
                                
 
                                
    
 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: Michael Kahn on +420 224 190 443;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com