Czech Republic - Factors To Watch on Oct 10

                                
 PRAGUE, Oct 10 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Friday.
                                
 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 Czech currency.............................[CZK/]
==========================EVENTS=============================
                                
 PRAGUE - Car maker TPCA to hold a news conference on its
outlook for 2009 (0700 GMT).
                                
 Related news: [RTRS-LEN-CZ-AUT]

                                
 PRAGUE - Representatives of the cabinet, employers and
labour unions to meet (0800 GMT).
                                
Related news: [RTRS-LEN-CZ-PLCY]

                                
 PRAGUE - Car Industry Association to hold a news conference
with its representatives on situation in car industry at 1000
GMT.
                                
 Related news: [RTRS-LEN-C-AUT]
========================= TOP NEWS ============================
                                
 INDUSTRY WEAKENS: The euro zone slowdown tightened its grip
on Czech industry in August, pushing industrial production to
its biggest decline in six years and cementing expectations that
the central bank would soon cut interest rates.
                                
 Story: [ID:nL9249870] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CENTRAL BANK SEES NO NEED TO DISCUSS RATES: The Czech
central bank said it had evaluated the situation on financial
markets and decided there was no need for its governing board to
discuss monetary policy at its regular weekly meeting on
Thursday.
                                
 Story: [ID:nPRA002164]  Related news: [RTRS-LEN-CZ-PLCY]

                                
 INDUSTRIAL OUTPUT DIPS: Czech industrial output dipped by
2.6 percent year-on-year in August, worse than forecasts of a
1.9 percent fall.
                                
 Story: [ID:nL9289481] Related news: [RTRS-LEN-CZ-ECI]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,044.6  1,042.6   +0.19        -42.45
 vs Euro     <EURCZK=>  24.950   24.800   -0.60         +6.21
 vs Dollar      <CZK=>  18.336   18.139   -0.82         -0.65
 U.S. Equities  <.DJI>  08,579   09,258   -7.33        -35.32
 Pvs close or current levels vs prior domestic close at 1500

 ======================= PRESS DIGEST===========================
                                
 CEZ INTACT: Global financial markets turmoil has not affect
Czech power group CEZ <CEZPsp.PR> and electricity consumption is
rising, CEZ chief Martin Roman said. 
                                
 
                                
 UNIPETROL EXPECTS MINOR IMPACT FROM CRISIS: Oil processor
Unipetrol <UNPEsp.PR> expects a minor impact from the global
credit crunch, namely on the refining segment and fuels sales,
Unipetrol's chief Francoise Vleugels said. Current
macro-economic situation could impact demand for petrochemical
products in future but there are no adverse signals for now.
                                
 Hospaodarske Noviny, page 18
                                
 
                                
 MOODY'S RATING: It is unlikely that rating agency Moody's
could cut Czech Republic's rating, Moody's central European
chief said.
                                
 E15,  page 18
                                
 
                                
 PPF GROUP MULTIPLIES NET PROFIT: Net profit at
privately-held PPF Group rose to 2.7 billion euros, manifold
higher than a year ago. The results include last year's merger
of its unit with Generali's <GASI.MI> central European
operations.
                                
 Hospodarske Noviny, page 22
                                
 
                                
 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)