PRAGUE, April 1 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Wednesday:
ALL TIMES GMT (Czech Republic: GMT + 2 hour) ======================== ECONOMIC DATA ========================
Purchasing Managers' Index (PMI) for February due out at 0730 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[
]Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies.............................[
] =========================== EVENTS =============================PRAGUE - The lower house of parliament to continue its session.
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PRAGUE - End-March budget balance data and a detailed calendar for the issuance of domestic state bonds in the fifth month of 2009.
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PRAGUE - 15-year government bond auction <CZ1001945=>.
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PRAGUE - Roundtable "Do We See Light at the End of the Tunnel?" with Czech central bank (CNB) Governor Zdenek Tuma opening speech (1130 GMT).
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PRAGUE - Czech Foreign Minister Karel Schwarzenberg to meet his Ethiopian counterpart Seyoum Mesfin. News conference at 1340 GMT.
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]========================TODAY'S NEWS=========================
CEZ STAKE: UniCredit <CRDI.MI> banking group has built up a 9 percent stake in Czech power group CEZ <
> which it is holding for investors, daily Hospodarske Noviny reported on Wednesday.Story: [
] Related news: [ ] ===========================TOP NEWS===========================PARTIES EDGE CLOSER TO NEW GOVT: Ousted Czech Prime Minister Mirek Topolanek said on Tuesday his government would step down before the end of the country's EU presidency in June and technocracts would take over.
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OPPOSITION POINTS: The lower house of the Czech parliament gave first-reading approval to a series of economic stimulus measures on Tuesday proposed by the left-wing opposition under a deal with the centre-right cabinet to develop joint effort to fight the crisis and build a new administration.
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LISBON IN MAY: The Czech parliament's upper house will vote on the European Union's Lisbon treaty by early May and the chances of approval are relatively high despite last week's cabinet fall, politicians said on Tuesday.
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ORCO DELAY: Developer Orco Property Group <
> delayed the release of 2008 results until April 7 after a review of financial communication with a court-appointed trustee and auditors, the company said on Tuesday.Story: [
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NO FX IMBALANCES: There are no foreign exchange imbalances in the Czech economy that would expose it to big refinancing risks, Czech central bank Vice-Governor Miroslav Singer said on Tuesday.
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CEE FX SLIGHTLY UP: Hungary's forint was steady on Tuesday despite a second downgrade in as many days, holding ground as rising stocks and political news supported emerging European currencies.
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EU-ISRAEL SUMMIT UNLIKELY: The Czech EU presidency is not happy with some Israeli policies and an EU-Israel summit is unlikely to take place in the next three months, Czech Foreign Minister Karel Schwarzenberg was quoted as saying on Tuesday.
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] Related news: [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009 Czech Equities <
> 749.7 749.7 +0.00 N/A vs Euro <EURCZK=> 27.555 27.320 +0.00 -1.94 vs Dollar <CZK=> 20.692 20.693 +0.03 -7.62 U.S. Equities < > 7,609 7,522 +1.16 -13.30 Pvs close or current levels vs prior domestic close at 1600 GMT ===========================PRESS DIGEST=========================ONE POWER MARKET: The Prague Energy Exchange (PXE) and another domestic power market will merge from today to create one electricity exchange.
E15, page 14
AIRPORT SALE: The opposition Social Democrats succeeded with a first reading of bill that would ban the sale of the Prague Airport.
Mlada Fronta Dnes, page A10
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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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: Warsaw WIG20 < > Budapest BUX < > Prague PX < >News editor of the day: Jan Lopatka on +420 224 190 474; fax: +420 224 229 935
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(Compiled by Jason Hovet)