PRAGUE, Nov 15 (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 hours)
=========================ECONOMIC DATA=========================
October producer prices and September foreign trade prices
data at 0800 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
============================TOP NEWS==========================
UPPER HOUSE APPROVES AUSTERITY BILLS: The Czech upper house
approved on Friday fiscal austerity bills included in the 2011
budget, voting on the last day before leftist parties take
majority of seats on the house after winning an October
election.
Story: [] Related news: []
GDP IN CENTRAL EUROPE: A German-backed manufacturing and
export revival in emerging central Europe lifted growth above
expectations in the third quarter, and the momentum should allow
some countries to avoid a previously expected year-end slowdown.
Story: [] Related news: []
C/A GAP ABOVE F'CAST: The Czech current account showed an
18.55 billion crown ($1.04 billion) deficit in September, higher
than forecasts, due to dividend and interest payments and
earnings at foreign-owned companies.
Story: [] Related news: []
CZECH GDP FAR ABOVE F'CAST: The Czech economy grew 1.1
percent over the previous three months in the third quarter, far
above analysts' forecast of a 0.6 percent rise, data showed on
Friday.
Story: [] Related news: []
NO MOVE IN RATES CAN BE RULED OUT - C.BANK: Czech central
banker Eva Zamrazilova voted for a quarter-point rise in
interest rates at the November 4 policy meeting at which the
bank left borrowing costs unchanged, minutes from the session
showed on Friday.
Story: [] Related news: []
Text: []
Table: []
CEE MARKETS: Emerging Europe's currencies were little
changed on Friday as better than expected growth data was
largely overshadowed by renewed risk aversion on continued
concerns about the euro, the region's reference currency.
Story: [] Related news: []
CEE POWER: Czech prompt power fell on Friday as warmer
temperatures were expected to linger while Cal '11 baseload
gained for the third straight day, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,59 24,628 0,15 6,57
vs Dollar <CZK=> 17,97 17,89 -0,45 2,21
Czech Equities <> 1,155,6 1,155,6 1,32 3,43
U.S. Equities <> 11,192,58 11,283,1 -0,8 7,33
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
FIGHTER JETS: Prime Minister Petr Necas said his cabinet was
not going to extend the contract for Saab's <SAABb.ST> Gripen
fighters without a tender.
Hospodarske Noviny, page 3
PENSION REFORM: Finance Minister Miroslav Kalousek said
raising the lower VAT rate was only possible in connection with
pension reform. He said he would prefer a single 19 percent
rate, rather than the two rates of 20 percent and 10 percent
now. He said he believed the government could agree on
parameters of the pension reform in the first half of the next
year.
Hospodarske Noviny, page 18-19
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>
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