Czech Republic - Factors To Watch on Feb 22

                                
 PRAGUE, Feb 22 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Friday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 1 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 Czech currency.............................[CZK/]

============================ EVENTS ============================
                                
 C.BANK APPOINTMENT: President Vaclav Klaus to appoint new
member Eva Zamrazilova to the seven-seat Czech central bank
(CNB) policy board at 1000 GMT.
                                
 Related news: [RTRS-CEN-PLCY]
                                
 
                                
 KOMERCNI RESULTS: Komercni Banka <BKOMsp.PR> to release 2007
results. News conference with CEO Laurent Goutard and CFO Pavel
Cejka at 1200 GMT.  Conference call at 1500 GMT.
                                
 Related news: [RTRS-BNK-RES]
                                
 
                                
 TELEFONICA CALL: Telecoms operator Telefonica O2 Czech
Republic <SPTTsp.PR>, a unit of Spain's Telefonica <TEF.MC>, to
hold an analyst meeting at 1300 GMT.
                                
 Related news: [RTRS-TEL-LEN]
                                
 
                                
 ORCO SHAREHOLDERS: Developer ORCO Property Group <ORCOsp.PR>
to hold a shareholders' meeting in Luxembourg.
                                
 Related news: [RTRS-LEN-REA]
                                
 
========================= TOP NEWS =============================
                                
 C.BANKER NOMINATION: Czech President Vaclav Klaus chose Eva
Zamrazilova, a Komercni Banka analyst, whose views on the bank's
monetary policy are little known, as a new central bank board
member on Thursday.
                                
 Story: [ID:nL2113636] Related news: [RTRS-CEN-PLCY-INT]

                                
 NEW C.BANK VICE GOV: Czech President Vaclav Klaus is likely
on Friday to appoint Mojmir Hampl as a new central bank vice
governor, two sources close to the Czech National Bank told
Reuters on Thursday.
                                
 Story: [ID:nL2160819] Related news: [RTRS-CEN-PLCY-INT]
                                
 
                                
 TELEFONICA PROFIT JUMPS: Net profit at Telefonica O2 Czech
Republic <SPTTsp.PR> jumped 138 percent in the final quarter of
2007 on lower costs, deferred tax and continuing mobile and data
services expansion, the company said on Thursday.
                                
 Story: [ID:nL2157202] Related news: [RTRS-PHON-TEL]

                                
 UNIONS WAGE DEMANDS: Czech unions advised its members on
Thursday to demand bigger wage rises this year due to surging
inflation, the unions' chairman said.
                                
 Story: [ID:nL21172576] Related news: [RTRS-CEN-PLCY-ECI]
                                
 
========================= ELSEWHERE IN NEWS ====================
                                
 HEPARIN KILLER: A Czech man was jailed for life on Thursday
for killing seven people with lethal injections and trying to
murder 10 more when he worked as a hospital nurse in 2006.
                                
 Story: [ID:nL21478251] Related news: [RTRS-CRIM-JUDIC]
                                
 
                                
 T-BILL SALE: The Czech 26-week treasury bill yield rose to
3.85 pct in an auction on Thursday, from 3.52 percent in the
previous sale in September.
                                
 Table: [ID:nPRA001775] Related news: [RTRS-LEN-GVD-DBT]
                                
 
                                
 RIGHTISTS SUPPORT FLAT: Support for the Czech ruling
right-wing Civic Democrats (ODS) remained flat in February, but
narrowed their gap behind the leftist opposition Social
Democrats (CSSD), an opinion poll showed on Thursday.
                                
 Story: [ID:nL21790524] Related news: [RTRS-POL-LEN]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,564.0  1,569.8   -0.37        -13.83
 vs Euro     <EURCZK=>  25.140   25.140   +0.00         +5.41
 vs Dollar      <CZK=>  16.956   16.983   +0.18         +7.18
 U.S. Equities  <.DJI>  12,284   12,427   -1.15         -7.39
 Pvs close or current levels vs prior domestic close at 1500
                                
 
                                
 (Reuters has not verified any of the newspaper reports that
may be quoted above and does not 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: Martin Dokoupil on +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
Reuters Messaging: peter.laca.reuters.com@reuters.net))
                                
 (Reporting by Martin Dokoupil)