Czech Republic - Factors To Watch on June 20

                                
 PRAGUE, June 20 (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 - The lower house of parliament to continue a session
to discuss pension reforms. Final vote on raising retirement age
expected during the day.
                                
 Related news: [RTRS-LEN-CZ-POL]

====================== TOP NEWS ===============================
                                
CZECHS WILL NOT COMMIT TO RATIFY EU TREATY: Czech Prime
Minister Mirek Topolanek, handcuffed by his often euro-sceptic
ruling party, will not bow to pressure to quickly ratify the
European Union reform treaty, building pressure against the
wounded charter.
                                
 Story: [ID:nL19204989] Related news: [RTRS-LEN-CZ-POL]
                                
       
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,613.1  1,623.7   -0.65        -11.13
 vs Euro     <EURCZK=>  24.075   24.100   +0.10        +10.07
 vs Dollar      <CZK=>  15.488   15.541   +0.39        +17.37
 U.S. Equities  <.DJI>  12,063   12,029   +0.28         -9.06
 Pvs close or current levels vs prior domestic close at 1500
                                
 
====================== PRESS DIGEST ===========================
                                
 EXPORTERS COMPLAIN ABOUT STRONG CROWN: The association of
exporters is asking the Czech central bank to cut the main
interest rate by 25 basis point to slacken the fast appreciation
of the Czech crown which eats into their profits.
                                
 Hospodarske Noviny, page 16
                                
 
                                
 UNIPETROL WANTS TO HIKE STAKE IN UNIT: Czech oil processor
Unipetrol <UNPEsp.PR> is eyeing more than a 16 percent stake in
Ceska Rafinerska in which it holds a majority. The stake,
currently controlled by Royal Dutch Shell <RDSa.L>, is
reportedly for sale.
                                
Hospodarske Noviny, page 13
                                
 
                                
 NUCLEAR PRODUCTION: An opposition MP will submit next week
to the lower house of the Parliament a proposal to unblock
construction of two new reactors in CEZ's <CEZPsp.PR> nuclear
plant Temelin.
                                
 E15, page 1
                                
 
                                
 UNIPETROL DIVIDEND: Oil processor Unipetrol <UNPEsp.PR> may
pay a dividend of 15 crowns per share, according to analysts'
estimates.
                                
 E15, page 2
                                
 
                                
 SKODA THE LARGEST CZECH FIRM: Volkswagen's <VOWG.DE> Czech
unit Skoda Auto was the largest Czech company by sales in 2007.
                                
 Hospodarske Noviny, page 16
                                
 
                                
 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 +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)