PRAGUE, Sept 29 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Monday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours) ======================== ECONOMIC DATA ========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[
]Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[
] ========================= TOP NEWS ============================EURO ENTRY NO SHIELD FROM MARKET WOES: Fast adoption of the euro would not shield the Czech economy from the impact of financial market turbulence, Czech central bankers said on Friday.
Story: [
] Related news: [ ]PEGAS Q3 MARGINS UNDER PRESSURE: Czech artificial fabrics maker Pegas Nonwovens <
> has seen its margins under pressure in the third quarter due to a previous rise in raw material prices, Chief Executive Milos Bogdan said on Friday.Story: [
] Related news: [ ]
BELVIPORT HOLDS 6.08 PCT IN ZENTIVA: Belviport Trading Ltd disclosed to Dutch regulators that it had 2.32 million shares representing 6.08 percent interest in Zentiva as of Sept. 19, above the 5 percent threshold which requires disclosure.
Story: [
] Related news: [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008 Czech Equities <
> 1,274.0 1,300.6 -2.05 -29.81 vs Euro <EURCZK=> 24.460 24.460 +0.00 +8.34 vs Dollar <CZK=> 16.873 16.880 +0.01 +7.65 U.S. Equities < > 11,143 11,022 +1.10 -15.99 Pvs close or current levels vs prior domestic close at 1500 ======================= PRESS DIGEST===========================VIENNA FAVOURITE IN PSE SALE: Vienna stock market operator Wiener Boerse is a favourite in the planned sale of the Prague Stock Exchange (PSE). Warsaw Stock Exchange plans to file its offer today although it was not invited in the tender and it is not taking part in due diligence.
E15, page 12
BUDGET CUTS: Finance Minister Miroslav Kalousek said the U.S. crisis may mean cutting next year's state budget expenditure by up to 10 billion crowns ($598.8 million).
Pravo, page 3
AIRPORT SALE: Finance Minister Miroslav Kalousek said he considers 4 billion euros ($5.85 billion) a "good offer" for the Prague Airport sale. He also said he cannot automatically agree that the latest market turmoil could shrink the airport's value.
Euro, page 46
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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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: 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)