PRAGUE, Jan 20 (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 + 1 hour) ======================== ECONOMIC DATA ========================
November retail sales data at 0800 GMT.
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]Overview of economic data and forecasts..........<CZ/ECON15>
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] ========================= EVENTS ==============================PRAGUE - Senate conference on Czech export policy at 0900 GMT. Prime Minister Mirek Topolanek and central bank board member Vladimir Tomsik to take part.
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MIDDLE EAST: EU foreign ministers will meet Middle East representatives at two memtings in Brussels this week, the Czech EU presiency said.
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CSA SALE: The Czech government approved on Monday two-round tender conditions for the sale of national carrier Czech Airlines (CSA), pushing ahead with the privatisation despite a deepening global economic crisis.
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ECOFIN: The Czech EU presidency will propose European finance ministers on Tuesday a plan on fiscal consolidation following the economic crisis but an agreement may not be possible, Prime Minister Mirek Topolanek said.
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AFGHAN FORCE: The Czech government agreed on Monday to slightly raise the number of troops serving in Afghanistan, a compromise plan after the parliament rejected a proposal for a bigger deployment last month, a spokesman said.
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] Related news: [ ] ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct changeclose on day in 2009 Czech Equities <
> 000.0 817.9 +0.00 -100.00 vs Euro <EURCZK=> 27.710 27.520 -0.69 -4.37 vs Dollar <CZK=> 21.282 20.651 -2.90 -14.57 U.S. Equities < > 8,281 8,212 +0.84 -37.57 Pvs close or current levels vs prior domestic close at 1500 =========================PRESS DIGEST==========================CRISIS MEASURE: Finance Minister Miroslav Kalousek said he could imagine to cut VAT rate to 9 percent from 19 percent on some services to relieve a faltering economy. He also said the government has worked out a "scenario" for the state budget that assumes 2009 growth at 1 percent, below 4.8 percent expected in the budget as approved by parliament.
Hospodarske Noviny, page 1
ECOFIN: Finance Minister Miroslav Kalousek will propose at an ECOFIN meeting this week a material that says that coordinated stimulus packages should be followed by a coordinated consolidation of budgets.
Hospodarsle Noviny, page 20
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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(Compiled by Jason Hovet)