Czech Republic - Factors To Watch on June 16

                                
 PRAGUE, June 16 (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 ========================
                                
 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 - Czech central bank to hold a news conference with
Governor Zdenek Tuma and board member Robert Holman on
"Financial stability report" at 0800 GMT.
                                
 Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 PRAGUE - Power industry congress "CEPKON 2009"
                                
 Related news: [RTRS-LEN-CZ-ENR]

=========================TOP NEWS===============================
                                
 EU DISTURBED BY IRAQ EXECUTIONS: The European Union
protested against reported executions in Iraq on Monday and
called on Baghdad to resume a moratorium on the death penalty.
                                
 Story: [ID:nLF551872] Related news: [RTRS-LEN-CZ-IQ]
                                
 
                                
 STRICT REGULATIONS TO PROLONG RECESSION: A rush to introduce
strict financial regulations would prolong the recession but
views on a way forward are converging, Czech Prime Minister Jan
Fischer, whose country holds the European Union presidency, said
on Monday. 
                                
 Story: [ID:nLF58481] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 FX WEAKEN: Central European currencies weakened on Monday,
hit by falling risk appetite, with the Polish zloty leading
losses as lower than expected May inflation increased chances
for a further rate cut next week.
                                
 Story: [ID:nnLF319282] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 RETAIL SALES: Czech retail sales fell 2.0 percent
year-on-year in April, a smaller fall than analysts forecast,
and after a 1.1 percent drop in March, data showed on Monday.
                                
 Story: [ID:nLF603690] Related news: [RTRS-LEN-CZ-MCE]
                                

=========================PRESS DIGEST===========================
                                
 RETAIL BONDS: Czech Finance Minister Eduard Janota plans to
issue retail bonds in November. A maximum of two emissions would
take place a year. Janota would not disclose what coupon the
bond would carry or how much the government plans to raise
through the issue.
                                
  Hospodarske Noviny, page 17
                                
   
                                
 CEZ: Czech power group CEZ <CEZPsp.PR> and two other bidders
advanced in a tender to build and operate a 650 million euro
power plant in Romania, near the western city of Craiova.
                                
 Hospodarske Noviny, page 16
                                
 
                                
 FINANCIAL SECTOR SUPERVISION: Czech central bank
Vice-Governor Miroslav Singer said he did not believe that the
De Larosiere report would in future help prevent a financial
crisis. It is possible to consider whether it would be more
effective to boost powers of regulatory bodies in individual EU
member states, he said.
                                
 Hospodarske Noviny, page 20
                                
 
                                
 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)