Czech Republic - Factors To Watch on Sept 1

                                
 PRAGUE, Sept 1 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 Purchasing Managers' Index (PMI) for August due out at 0730
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 - End-August budget balance data and a detailed
calendar for the issuance of domestic state bonds in the ninth
month of 2009.
                                
 Related news [RTRS-LEN-CZ-GVD]
                                
 
==========================TOP NEWS============================
                                
 BUDGET BATTLE STARTS: The Czech interim cabinet will propose
a fast-track savings package ahead of the October election to
cut the budget deficit despite politicians' refusal to sign up
to savings now, Prime Minister Jan Fischer said on Monday.
                                
 Story: [ID:nLV267086] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 CEE MARKETS: Central European currencies eased on Monday as
weak global markets prompted investors to take profits after
last week's rally, while Polish bonds failed to react to plans
to issue less debt in September.
                                
 Story: [ID:nLV72269] Related news: [RTRS-LEN-CZ-ENR]
                                
 
                                
 SKY EUROPE BANKRUPTCY: Slovakia-based low-cost airline
SkyEurope Holding AG <SKYV.VI>, which was struggling to
restructure its debts, has filed for bankruptcy, according to an
announcement on the Vienna bourse Web site on Tuesday. 
                                
 Story: [ID:nLV438105] Related news: [RTRS-LEN-CZ-AIR]
                                
 
                                
 UNIPETROL LOSS: Czech downstream oil company Unipetrol
<UNPEsp.PR>, hit by reduced demand, posted a wider than expected
second-quarter loss, hitting its shares, but held out hope cost
cuts could lead to an operating profit this year.
                                
 Story: [ID:nLV50001] Related news: [RTRS-LEN-CZ-CHE]
                                
 
                                
 SOCDEMS TAKE LEAD:  The leftist Czech Social Democrats
(CSSD) have expanded their lead over the main right-wing Civic
Democrats (ODS) six weeks before an early election, a survey
showed on Monday.
                                
 Story: [ID:nLV217654] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 CZECH RIGHT PROPOSAL: The leading Czech rightist party
offered on Monday new rules encouraging budget deficits below 3
percent of gross domestic product and penalising lawmakers if
they allow for excessive gaps during times of growth.
                                
 Story: [ID:nLV119408] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 GAS INFO: Three shippers may have bought up all the free
natural gas capacity for the first 10 months of 2010 in a
pipeline from Germany into the Czech Republic, a Czech energy
regulator said on Monday.
                                
 Story: [ID:nLV125085] Related news: [RTRS-LEN-CZ-ENR]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>    --      1162.2    --           --
 vs Euro   <EURCZK=>   25.429    25.459  -0.12        -4.95
 vs Dollar    <CZK=>   17.701    17.768  -0.38        -7.39
 U.S. Equities <.DJI> 9496.28   9544.2   -0.5          8.2
 Pvs close or current levels vs prior domestic close at 1500

 ==========================PRESS DIGEST========================
                                
 HOUSEHOLD RATES: The average interest rate on household
loans rose to 7.03 percent at the end of July from 6.84 percent
a year ago. The central bank's main interest rate has dropped to
1.25 percent in that time from 3.75 percent.
                                
 Hospodarske Noviny, page 13
                                
 
                                
 STATE JOBS: Up to 4,000 state workers could lose their jobs
by the end of the year, a union official estimated.
                                
 Mlada Fronta Dnes, page B1
                                
       
                                
 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 Jason Hovet)