Czech Republic - Factors To Watch on July 10

                                
 PRAGUE, July 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 CEE currencies.............................[CEE/]
=========================TOP NEWS===============================
                                
 SCRAP SUBSIDY: Czech President Vaclav Klaus vetoed a law on
Thursday introducing a subsidy for buying new cars in turn for
scrapping old ones, saying the measure was unsystematic and
wrong.
                                
 Story: [ID:nL9518680] Related news: [RTRS-LEN-CZ-PLCY]

                                
 CEE FX: Central and eastern European currencies stabilised
at stronger levels on Thursday, boosted by ERM2 comments from
Poland and Bulgaria, while Hungary's bonds extended gains on
improved sentiment.     
                                
 Story: [ID:nL9376506 ] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 INFLATION: Czech consumer prices were flat for the second
month in a row in June but year-on-year inflation remained a tad
above the central bank's forecast, speaking in favour of flat
interest rates in the months to come.
                                
 Story: [ID:nL9402556] Related news: [RTRS-LEN-CZ-MCE]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>   0        890,5      0          n/a
vs Euro   <EURCZK=>     25,963   26,035    -0,28      -2,95
vs Dollar    <CZK=>     18,617   18,513    0,56       -2,6
 U.S. Equities <.DJI>   8183,17  8178,41   0,06       -6,76
 Pvs close or current levels vs prior domestic close at 1500

=========================PRESS DIGEST===========================
                                
 BAKERIES FOR SALE: Owners of the largest Czech bakery group
United Bakeries aim to sell a stake in the privately owned
company. The group's turnover was 3.66 billion crowns ($195.8
million) in 2008.
                                
 Hospodarske Noviny, page 15
                                
 
                                
 FISCAL CONCENRS: Czech central bank Vice Governor Mojmir
Hampl said the time has come for central bankers to break the
silence about fiscal policies as "fire risks in Czech public
finances have accumulated in an immoderate way."
                                
 Hospodarske Noviny, page A11
                                
 
                                
 CREDIT SUISSE: Czech broker Wood & Co. bought Credit Suisse
Asset Management unit in the Czech Republic for an estimated
tens of millions of crowns. The Czech broker will take over
assets worth 8.6 billion crowns.
                                
 Hospodarske Noviny, page 15
                                
 
                                
 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)