PRAGUE, Nov 27 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday.
ALL TIMES GMT (Czech Republic: GMT + 1 hours)
======================== ECONOMIC DATA ========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[]
======================== EVENTS ===============================
PRAGUE - Artificial textile maker Pegas Nonwovens
<> to release nine-month results (0700 GMT).
Related news: []
PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
Related news: []
PRAGUE - The upper house of parliament to discuss
legislation linked to stationing U.S. radar in the Czech
Republic.
Related news: []
PRAGUE - 52-week T-bill auction.
Related news: []
PRAGUE - The Czech cabinet to hold an extraordinary session
on health care reforms. News conference to follow.
Related news: []
LUXEMBOURG - Developer Orco Property Group <ORCO.PA>
<> to release nine-month results.
Related news: []
PRAGUE - Conference "Central & Eastern European Automotive
Industry - New Market Developments, Product Strategies &
Invaluable Contacts" to continue.
Related news: []
========================== TOP NEWS ============================
SANOFI GETS APPROVA FOR ZENTIVA BID: The Czech central bank
approved a request by Sanofi-Aventis <SASY.PA> to extend its
1,150 crowns per share bid for Czech drugmaker Zentiva
<> until Feb. 20, it said.
Story: [] Related news: []
SKODA MAY EXTEND SHUTDOWN: Volkswagen's <VOWG.DE> Czech unit
Skoda Auto may extend a planned production halt at the end of
December till January, Czech news agency CTK reported on
Wednesday, citing a trade union leader.
Story: [] Related news:[]
ECM SWINGS TO LOSS: ECM Real Estate Investments <>
showed 22.2 million euros ($28.78 million) net loss in the first
nine months this year, down from a 4.4 million profit a year
ago, the Czech developer said.
Story: [] Related news: []
COURT OKAYS LISBON: The Czech Constitutional Court ruled on
Wednesday that the EU reform treaty conforms with Czech law,
removing an obstacle to its ratification in a country about to
take over the EU presidency.
Story: [] Related news: []
C.BANK ADDS LIQUIDITY: The Czech central bank (CNB) added
479 million crowns ($24.61 million) in liquidity to the banking
system in a repo aimed at supporting operation of the seized-up
bond market.
Story: [] Related news: []
KIA MULLS NEW PLANT IN SLOVAKIA: South Korean car maker Kia
Motors <000270.KS> is mulling construction of a 300,000 engine
plant in Slovakia worth 100 million to 200 million euros, a
spokesman for its Slovak unit said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008
Czech Equities <> 0,000.0 0,817.3 +0.00 -100.00
vs Euro <EURCZK=> 25.100 24.960 -0.56 +5.58
vs Dollar <CZK=> 19.352 19.243 -0.52 -6.06
U.S. Equities <> 08,727 08,479 +2.91 -34.21
Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST ===========================
BACK-UP PLAN: The Czech government is working on a back-up
plan to boost the economy if growth drops below 2 percent next
year, Czech Deputy Finance Minister Eduard Janota said. If
growth remains above 2.5 percent there is no need of budget
expenditure stimuli, Finance Minister Miroslav Kalousek added.
Hospodarske Noviny, page 1, Mlada fronta Dnes, page B1
HYUNDAI: The Czech government should be ready to help car
producers hurt by declining demand resulting from the global
financial crisis, a Hyundai official said.
Hospodarske Noviny, page 14
CEZ: Shutdowns at nuclear plant Temelin will mean lost
revenue of almost 2 billion crowns ($103.1 million) for Czech
power group CEZ <>, sales director Alan Svoboda said.
E15, Page 6
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
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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>
For real-time stock market index quotes click in brackets:
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News editor of the day: Jan Lopatka on +420 224 190 474;
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E-mail: prague.newsroom@reuters.com
(Compiled by Jana Mlcochova)
