RPT-Czech Republic - Factors To Watch on June 25

                                
 PRAGUE, June 25 (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 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 ===============================
                                
 PENSION REFORM: The lower house of parliament to hold an
extraordinary session. Deputies are expected to vote on raising
the retirement age, a key part of the government's economic
reform.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
====================== TOP NEWS ===============================
                                
 STRIKE ACTION: Czech workers held a one-hour strike on
Tuesday, halting trains and bringing some companies to a
standstill, in protest against government pension, health and
tax reforms which unions say have cut into incomes.
                                
  Story: [IDnL24437890] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 MINING APPROVAL: Mining group New World Resources (NWR)
<NWRSsp.PR> received permission to reopen a coal mine in
southern Poland where it may be able to extract some 100 million
tonnes of coal, the environment ministry said on Tuesday.
                                
  Story: [ID:nL24649345] Related news: [RTRS-LEN-CZ-MIN]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,513.7  1,551.8   -2.46        -16.61
 vs Euro     <EURCZK=>  24.075   24.060   -0.06        +10.07
 vs Dollar      <CZK=>  15.441   15.431   -0.03        +17.68
 U.S. Equities  <.DJI>  11,807   11,842   -0.29        -10.99
 Pvs close or current levels vs prior domestic close at 1500
                                
 
====================== PRESS DIGEST ===========================
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.
                                
 
                                
 RAILWAY FINE: State-owned Czech Railways may be fined tens
or hundreds of millions of crowns for abuse of its market
position.
 Hospodarske Noviny, page 17.
                                
 
                                
 PIPELINE UPGRADE: The capacity of the oil pipeline from
Ingolstadt in Germany to the Czech republic is being raised to
11.5 million tonnes per year from 10 million.
                                
 Hospodarske Noviny, page 20.
                                
 
                                
 GREEN PARTY ROW: Two deputies who had threatened to leave
the Green Party caucus have decided to stay, helping the ruling
coalition.
                                
 Pravo, page 4.
                                
 
                                
 DOLLAR MILLIONAIRES: The number of dollar millionaires in
the Czech Republic jumped 15 percent last year to 17,000,
partially due to the fall of the dollar.
                                
 Mlada fronta Dnes, page 1
                                
 
                                
  
 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 Jan Lopatka)