PRAGUE, March 11 (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 + 1 hour)
======================== ECONOMIC DATA ========================
Q4 gross domestic product at 0800 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[]
=========================== EVENTS =============================
PRAGUE - Czech statistical office (CSU) chairman Jan Fischer
to hold a news conference on 2008 gross domestic product (0800
GMT).
Related news: []
PRAGUE - Czech Foreign Minister Karel Schwarzenberg to meet
his Jordan counterpart Nasser S. Joudeh.
Related news: []
PRAGUE - Conference "Climate Changes and Energy - Economic
and Security Issues" with Energy Regulatory Office (ERU)
Chairman Josef Firt (0830 GMT) to continue.
Related news: []
============================NEWS================================
EU TAX DEAL: European Union finance ministers agreed a deal
to apply reduced rates of sales tax on local services such as
meals, haircuts and home repairs on Tuesday, ending a decade of
haggling to help local businesses.
Story: [] Related news: []
FX RALLY: The forint led gains in central Europe on Tuesday
after Hungary's central bank said it was actively supporting the
forint and Romania sought aid to ride out the global crisis.
Story: [] Related news: []
CARBON CREDITS: Carbon prices are attractive and it is good
time to buy pollution credits for future use, Czech power firm
CEZ <> Sales Director Alan Svoboda said on Tuesday.
Story: [] Related news: []
EASTERN EUROPE: Romania asked the EU's executive for aid on
Tuesday to save it from a possible financing crisis, making it
the latest member of the bloc to cry for outside help against
the global economic storm.
Story: [] Related news: []
ECON CLIMATE: Business sentiment in central and eastern
Europe plunged this winter, and almost half of foreign firms
operating there believe it will worsen in the next six months,
according to a survey released on Tuesday.
Story: [] Related news: []
PRAGUE STOCKS: Battered shares of Komercni Banka <>
and dual-listed Austrian lender Erste Bank <> jump 6.8
and 4.2 percent, respectively, helping Prague's main PX index
<> to gain 3.1 percent to rise to its highest level since
mid-February.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 660.2 660.2 +0.00 n/a
vs Euro <EURCZK=> 27.030 27.440 +1.52 -0.89
vs Dollar <CZK=> 21.325 21.563 +1.09 -10.41
U.S. Equities <> 6,926 6,547 +5.80 -21.08
Pvs close or current levels vs prior domestic close at 1600 GMT
===========================PRESS DIGEST=========================
BANKS: Only a double-digit slump in the Czech economy could
threaten local banks, central bank Vice-Governor Miroslav Singer
said. []
Mlada Fronta Dnes, page 3B
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on []
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:
Warsaw WIG20 <> Budapest BUX <> Prague 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)
