Czech Republic - Factors To Watch on July 25

...ALL TIMES GMT (Czech Republic: GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    No economic data are due out. The next scheduled indicator 
release is on Tuesday, July 31, when the central bank publishes 
June M2 money supply. 
    Real-time economic data releases.................... 
 
    Previous stories on Czech data............[CZ-RTRS-LEN-ECI] 
    Overview of economic data and forecasts......... 
    Updates on Czech currency............................[CZK/] 
 
 ========================== TOP STORY ========================== 
    GROWTH SEEN STRONG: The Finance Ministry raised its 
forecasts for economic growth this year and next, pointing at 
investments and household consumption as the main engines of 
expansion. 
    Story: [nL24925282] Table: [nPRA001404] 
    Related news: [RTRS-LEN-CZ-MCE] 
 
 =========================== EVENTS ============================ 
    CABINET MEETING: The government meets in a regular session. 
A news conference is tentatively scheduled for 1200. Ministers 
expected to discuss a restructuring plan for Czech Railways. 
    Related news: [RTRS-LEN-CZ-POL] 
 
 ======================= MARKET SNAPSHOT ======================= 
 Index/Unit           Value          Change          Pct Change 
 PX             1841.6           -24.5            -1.31 
 DJIA         13717.0          -226.5            -1.62 
 EUR/CZK      28.125           0.045           0.16 
 USD/CZK         20.362           0.004           0.02 
 EUR/USD          1.3817         -0.0007         -0.05 
 EUR/JPY     166.08           -0.71           -0.43 
 5Y YIELD   4.26 
 15Y YIELD  4.73 
 Previous close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    ORCO : Orco Property Group  
has bought BesNet Center office buildings on the outskirts of 
Prague for 20 million euros ($27.63 million). 
    Story: [nL24758245] Related news: [RTRS-LEN-ORCO.PA] 
     
    CEZ : Power utility CEZ  has mandated 
banks BNP Paribas  and Citigroup  to jointly 
arrange a medium-term Eurobond issuance programme (EMTN). 
    Story: [nPRA001405] Related news: [RTRS-LEN-CEZPsp.PR] 
     
    CEZ IN BULGARIA: Bulgaria expects tough competition among 
foreign energy utilities bidding to win a minority stake in its 
planned 4 billion euro ($5.5 billion) nuclear power plant. CEZ 
 is one of the companies invited to file initial 
offers for a 49 percent stake in Belene by Oct. 1. 
    Story: [nL23659491] Related news: [RTRS-LEN-CZ-BG] 
     
    CEZ IN COAL BATTLE: CEZ  has filed a motion 
against Mostecka Uhelna coal miner with the Anti-Monopoly Bureau 
in connection with its plan to join forces with Germany's E.ON 
 to build a coal-fired power plant. CEZ objected that 
MUS would own both the coal and the power plant and that it 
would contribute the entire Vrsany brown coal mine to the 
project. The mine is the only one that will have enough coal for 
power plants in the next fifty years due to extraction limits. 
    Mlada fronta Dnes, page A8 
    Related news: [RTRS-LEN-CZ-EONG.DE-CEZPsp.PR] 
     
 
 
 
 (Reuters has not verified any of the newspaper reports that may 
be quoted above and does not vouch for their accuracy.) 
 
 
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