Czech Republic - Factors To Watch on June 15

                                
 PRAGUE, June 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 + 2 hours)

======================== ECONOMIC DATA ========================
                                
 May producer prices, April foreign trade prices and retail
sales data at 0700 GMT.
                                
 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 - Finance Ministry to detail Q1 government debt
figures.
                                
 Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 LUXEMBURG - Artificial textile maker Pegas Nonwovens
<PGSNsp.PR> to hold an annual shareholders' meeting.
                                
 Related news: [RTRS-LEN-CZ-TEX]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a session. News
conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
=========================TOP NEWS===============================
                                
 IRAN REACTION: The European Union expressed concern about
alleged irregularities in Iran's presidential election on
Saturday, but said it hoped to resume dialogue with Tehran over
its disputed nuclear programme.
                                
 Story: [ID:nLD37249] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 BUDGET GAP FORECASTS WIDER: The Czech public sector deficit
will rise by more than previously expected next year to 5.1
percent of GDP and will only fall slowly in subsequent years as
the recession-hit economy begins to recover, the Finance
Ministry said on Friday.
                                
 Story: [ID:nLC53147] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 CEE FX TAD DOWN: Most central European currencies edged down
on Friday after poor euro zone industrial data highlighted the
emerging region's economic woes, while a relief rally on hopes
that Latvia will avoid devaluation lost steam.
                                
 Story: [ID:nLC124370] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CRITICAL TIME FOR CZECH TEAM: Czech Republic risk failing to
qualify for the 2010 World Cup because they turned a blind eye
to their problems, new coach Frantisek Straka says.
                                
 Story: [ID:nLA13135] Related news: [RTRS-LEN-CZ-SOCC]
                                

=========================PRESS DIGEST===========================
                                
 CEZ: Czech power group CEZ <CEZPsp.PR> may get CO2
allowances for emissions released after 2013 for free. Companies
with investment plans ready by March next year can qualify for
free carbon credits, according to a rider inserted in an excise
tax bill, and only CEZ, majority owned by the state, can
comply with such a condition, the power group's competitors say.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 STEEL: Minority shareholders filed a criminal complaint
against managers of Czech unit of steelmaker ArceloMittal
<ISPA.AS> [ARCMT.UL]. They complain the company sent some 25
billion crowns ($1.32 billion) to its parent as a loan instead
of paying dividends.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 CSA PRIVATISATION: Bidders Air France-KLM <AIRF.PA> and a
consortium of Unimex and Travel Service <ICEAIR.IC> did not get
the opportunity to review Czech Airlines (CSA) leasing contracts
as part of the due diligence process in a privatisation tender.
Supervisory board member Ivan Kocarnik said there was a problem
as leasing contracts are confidential but denied it would still
be an obstacle in the due diligence.
                                
 Tyden, page 60
                                
 
                                
 REAL ESTATE PRICES: Prices of flats could drop 15 percent to
20 percent this year, the daily reports, citing a research by
Institute of Regional Information.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 Reuters has not verified the media reports, nor does it
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: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
  (Compiled by Jana Mlcochova)