Czech Republic - Factors To Watch on July 29

                                
 PRAGUE, July 29 (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 + 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 - Agrarian Chamber to hold press conference on
harvest estimate at 0800 GMT.
                                
 PRAGUE - Czech central bank Vice-Governor Miroslav Singer to
hold on-line interview on website www.patria.cz at 1200 GMT.
                                
 
====================== TOP NEWS ================================
                                
 CME BUYS TWO BULGARIAN STATIONS: Central European Media
Enterprises <CETV.O> <CETVsp.PR> has bought an 80 percent stake
in two Bulgarian television stations for $172 million, the
company said.
                                
 Story: [ID:nL9137503] Related news: [RTRS-LEN-CZ-MDIA]
                                
 
                                
 EAST EUROPE CENTRAL BANKS SEEN STAYING PUT: Emerging
Europe's central banks look set to keep interest rates on hold
at meetings over the next two weeks, although idiosyncratic
factors may soon cause countries to take different paths on
monetary policy.
                                
 Story: [ID:nL8558589] Related news: [RTRS-LEN-CEEU-CEN]
                                
 
                                
 CME POLL: Television group Central European Media
Enterprises (CME) is expected to post a 35.5 percent jump in
second-quarter revenue, benefiting from higher advertisement
spending and a weak dollar, a Reuters poll showed on Monday.
                                
  Story: [ID:nL8663357] Related news: [RTRS-LEN-CEEU-CEN]

 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,445.2  1,433.7   +0.80        -20.38
 vs Euro     <EURCZK=>  23.700   23.700   +0.00        +11.81
 vs Dollar      <CZK=>  15.017   15.027   +0.02        +20.94
 U.S. Equities  <.DJI>  11,131   11,371   -2.11        -16.09
 Pvs close or current levels vs prior domestic close at 1500
                                
 
====================== PRESS DIGEST ===========================
                                
 CROWN INDICATOR OF CZECH ECONOMY STRENGTH: The strong crown
currency <EURCZK=> is not a threat to the Czech economy, but is
a good indicator of its state, Prime Minister Mirek Topolanek
reiterated in an opinion piece.
                                
 Hospodarske Noviny, page 8
                                
 
                                
 CEZ AIMING TO GROW IN SERBIA: Power group CEZ <CEZPsp.PR>
sees opportunities to expand in Serbia by building new power
plants, the group's country manager said.
                                
 E15, page 1
                                
 
                                
 RUSSIAN OIL SUPPLIES STILL LIMITED: Oil supplies from Russia
to the Czech Republic are still being limited by about half and
a return to normal supplies is not likely by the end of the
month.
                                
 Lidove Noviny, page 12
                                
 
                                
 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 Jason Hovet)