PRAGUE, May 28 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday.
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CZECH REPUBLIC - Parliamentary election.
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CZECHS LAUNCH ELECTION: Czech voters worried about debt and angry with corruption will pick a new parliament on Friday and Saturday, with polls predicting a tight result that may lead to lengthy coalition talks and a weak government.
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MPs APPROVE FLOOD BONDS: The Czech lower house approved on Thursday a plan to issue up to 3 billions crowns ($143.7 million) in bonds to cover cleanup from spring flooding.
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POWELL WINS 100 METRES: Former world record holder Asafa Powell clocked the fastest time of the year when winning the 100 metres in 9.83 seconds at the Ostrava Golden Spike meeting on Thursday.
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SPOT POWER PRICES DOWN: Czech spot power prices fell on Thursday ahead of the weekend while futures dipped, following carbon down as wider markets remained nervous about the direction of the global economy.
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CROWN LAGS REGION: The Polish zloty led gains in central Europe on Thursday as investors cheered the nomination of a senior IMF official to head the central bank, while the Czech crown lagged on rising pre-election uncertainty.
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] Related News [ ] ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct changeclose on day in 2010 Czech Equities <
> 1145,3 1145,3 0,91 2,51 vs Euro <EURCZK=> 25,57 25,64 0,27 2,84 vs Dollar <CZK=> 20,749 20,913 0,78 -12,91 U.S. Equities < > 10258,99 9974,45 2,85 -1,62 Pvs close or current levels vs prior domestic close at 1500 GMT ==========================PRESS DIGEST==========================BIO FUELS GET GREEN LIGHT: The parliament overrode president's veto of a bill raising the bio component in motor fuels at its last session before general election.
Hospodarske Noviny, page 21
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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