(Adds Home Credit press item)
PRAGUE, Dec 14 (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 hours)
=========================ECONOMIC DATA=========================
October current account balance data at 0900 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
============================EVENTS==========================
PRAGUE - The Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
Related news: []
PRAGUE -The lower house of parliament to continue a session.
Related news: []
============================TOP NEWS==========================
STABLE RATES SEEN: Czech central bank policymakers indicated
on Monday that rates may remain on hold for some time, with one
saying the next move could be up or down and another appearing
to moderate her previously hawkish stance.
Story: [] Related news: []
CEE MARKETS: Polish bonds got support on Monday from news of
a deal with the EU over the budgetary treatment of pension
reforms, while Eastern European currencies got a lift from a
rise in the euro against the dollar.
Story: [] Related news: []
CEE POWER: Czech day-ahead power prices climbed on Monday
with the return of colder weather and a forecast for decreased
wind generation in the region.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 25.128 25.165 0.15 4.52
vs Dollar <CZK=> 18.727 18.898 0.9 -1.9
Czech Equities <> 1,198.1 1,198.1 1.44 7.23
U.S. Equities <> 11,428.56 11,410.32 0.16 9.59
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST=========================
CSOB IPO: KBC <KBC.BR> has not changed its intention to
float shares of Czech unit CSOB, the chief executive of the
Czech bank said. In an interview, Pavel Kavanek also said he
believed they would try to do so at the best possible time in
the market, but that markets were not calm at the moment.
He also dismissed speculation KBC would try to sell a share
in CSOB directly to another buyer.
Hospodarske Noviny, page 16
HOME CREDIT IN UKRAINE: Investment group PPF agreed to sell
its Home Credit operations in Ukraine to Platinum bank. Home
Credit will look at expansion next year to Egypt.
Hospodarske Noviny, page 23
CEZ IN ALBANIA: CEZ <> power group will invest 882
million crowns ($47.06 million) in 2011 into repairs of its
Albanian distribution network.
E15, page 11
EURO VIEW: Central bank Vice-Governor Vladimir Tomsik told
the government at the end of November that the country should
never adopt the euro and the bank recommended negotiating an
opt-out with the EU, the magazine reported without citing any
sources.
The central bank said in a statement that the crown served
the country well during the crisis and that the "current form of
the eurozone is not credible."
Respekt, page 41
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
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For summary of economic data and forecasts <CZ/ECON01>
For diary of forthcoming Czech events []
For calendar of east European economic indicators []
TOP NEWS -- Emerging markets []
TOP NEWS -- Convergence watch []
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:
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