Czech Republic - Factors To Watch on Oct 15

...GMT + 2 hours) 
 
 ======================== ECONOMIC DATA ======================== 
    August current account balance  is due out at 
0800. Analysts polled by Reuters forecast a 9.8 billion crowns 
deficit followinig an 8.8 billion shortfall in the prior month. 
    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 ========================== 
    REUTERS CENTRAL EUROPEAN INVESTMENT SUMMIT: Central Europe 
has evolved from a collection of Soviet Communist satellite 
states into the most dynamic part of the capitalist European 
Union in less than a generation. 
    More than a dozen top executives and policy makers will 
discuss how to succeed in a region sometimes overlooked by 
investors focused on bigger emerging markets at the first 
Reuters Central European Investment Summit in Vienna, from Oct. 
15-17, in a series of exclusive interviews. 
    Story: [ID:nL12200923] 
    Related news: [RTRS-LEN-CZ-SUMMIT] 
 
 =========================== EVENTS ============================ 
    C.BANK GOVERNOR TO SPEAK: Conference on "Future of the 
Regional Financing and Employment Policy," with Czech central 
bank (CNB) Governor Zdenek Tuma delivering an opening speech at 
0800. EU Employment Commissioner Vladimir Spidla speaks at 0815. 
    Related news: [RTRS-LEN-CZ-PLCY] 
     
    CABINET MEETING: The cabinet meets in a regular weekly 
session. News conference is tentatively scheduled for 1130. No 
market-related items are on the agenda. 
    Related news: [RTRS-LEN-CZ-POL] 
 
 ---------------------- MARKET SNAPSHOT ------------------------ 
 Index/Crown Currency  Latest    Prev    Pct change   Pct change 
                                 close   on day       in 2007 
 Czech Equities   1,898.8  1,900.7   -0.10        +19.50 
 vs Euro       27.490   27.488   -0.01         +0.04 
 vs Dollar        19.360   19.383   +0.12         +7.54 
 U.S. Equities    14,093   14,015   +0.56        +13.08 
 Pvs close or current levels vs prior domestic close at 1500 
 
 ==================== ELSEWHERE IN THE NEWS ==================== 
    CHURCH COMPENSATION: The Czech government may pay 83 billion 
crowns ($4.29 billion) to churches in compensation for property 
confiscated by the country's former communist rulers, Culture 
Minister Vaclav Jehlicka said. 
    Story: [nL1459945] Related news: [RTRS-LEN-CZ-POL] 
 
 ======================= PRESS DIGEST ========================== 
    CONSTRUCTION LOANS: In the first nine months of this year 
construction savings banks extended housing loans worth almost 
52 billion crowns ($2.69 billion), almost 13 billion crowns more 
than in the same period of last year. Construction savings banks 
are thus experiencing a record year, as are mortgage banks. 
    Lidove Noviny, page 13 
     
    TENSIONS WITHIN GOVERNMENT: Former Education Minister and 
Green Party Deputy Chairwoman Dana Kuchtova said her party might 
consider quitting the ruling coalition if its partners refuse to 
appoint Dusan Luzny as her replacement. Luzny served as 
Kuchtova's deputy minister before she resigned. 
    Lidove Noviny, page 2 
 
 
 (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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    E-mail: prague.newsroom@reuters.com 
    Reuters Messaging: marek.petrus.reuters.com@reuters.net 
 
  
 ($1=19.34 Czech Crown) 
  Keywords: CZECH FACTORS/ 
    

[PRAGUE/Reuters/Finance.cz]