Czech Republic - Factors To Watch on Sept 23

                                
 PRAGUE, Sept 23 (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 - The lower house of parliament to hold a session, to
discuss tax and social payment changes.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
========================= TOP NEWS ============================
                                
 TRICHET: MARKETS BEHAVE HECTICALLY: Global markets are going
through a large correction and are behaving hectically, European
Central Bank (ECB) President Jean-Claude Trichet said in a
newspaper interview.
                                
 Story: [ID:nLM101113] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 ZENTIVA ACCEPTS SANOFI BID: Czech generic drugmaker Zentiva
<ZNTVsp.PR> accepted a new takeover offer from France's
Sanofi-Aventis <SASY.PA> on Monday at a price that will likely
tempt shareholders, analysts said.     
                                
 Story: [ID:nLN219373] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 FOXCONN TO MOVE PLANT TO HUNGARY: Taiwan's Foxconn <2038.HK>
plans to move its Acer <2353.TW> PCs assembly plant to Hungary
from the Czech Republic, a Hungarian newspaper reported, a move
that would send a blow to the Czechs' export-driven economy.
                                
 Story: [ID:nLN218734] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CZECHS APPROVE 2009 BUDDGET DRAFT: The Czech government
approved the 2009 central state budget draft on Monday looking
for a sharply lower deficit next year but warned that a dimming
economic outlook may force spending cuts.     
                                
 Story: [ID:nLN216544] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 GOVT MAY HALT AIRPORT SALE OVER PRICE: The Czech government
may consider halting privatisation of the Prague Airport if it
looks like that the sale would fetch less than 80 billion crowns
($4.86 billion), weekly Euro reported on Monday, citing an
unnamed government source.
                                
 Story: [ID:nLM571505] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 CEZ PLACED 6 MLN EUR BOND: Czech power group CEZ <CEZPsp.PR>
has privately placed a 30-year, 6 million euros ($8.70 million)
bond, the company said on Monday.
                                
 Story: [ID:nLM544654] Related news: [RTRS-LEN-CZ-DBT]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,309.9  1,316.2   -0.48        -27.83
 vs Euro     <EURCZK=>  23.930   23.850   -0.33        +10.74
 vs Dollar      <CZK=>  16.157   16.418   +1.62        +12.46
 U.S. Equities  <.DJI>  11,016   11,388   -3.27        -16.96
 Pvs close or current levels vs prior domestic close at 1500

 ======================= PRESS DIGEST===========================
                                
 CEZ EYES POLAND: CEZ <CEZPsp.PR> may bid for stakes in power
companies or coal miners in Poland as part of the country's
privatisation plans, CEZ CEO Martin Roman told Bloomberg.
                                
 E15, page 15
                                
 
                                
SKODA TO CURB PRODUCTION: Volkswagen's <VOWG.DE> Czech unit
Skoda said it will halt production for two days to cut output by
by 2,500 cars due to global financial crisis.
                                
 E15, page 10
                                
 
                                
 BEER PRICE TO RISE: SABMiller's <SAB.L> Czech unit brewer
Plzensky Prazdroj said it will raise price of beer by 4 percent
on average as of November due to higher costs.
                                
 Hospodarske Noviny, page 14
                                
 
                                
 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 +420 224 190 474;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)