Czech Republic - Factors To Watch on Sept 15

                                
 PRAGUE, Sept 15 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 August producer prices and July foreign trade prices data at
0700 GMT.
                                
 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 CEE currencies............................[CEE/]
                                
 
 ===========================EVENTS============================
                                
 PRAGUE - Finance Ministry to detail Q2 government debt
figures.
                                
 Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                
 Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 PRAGUE - 10-year government bond auction <CZ1002471=>.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a session (0700 GMT)
(www.vlada.cz/en/default.htm). News conference to follow.
                                
 Related news: [RTRS-LEN-POL]
                                
 
 ===========================TOP NEWS============================
                                
 CBANKER REZABEK: Current record low Czech interest rates
would be more appropriate during a crisis than at the present
stage of economic recovery, central bank board member Pavel
Rezabek said on Tuesday.
                                
 Story: [ID:nSLAEKE6CM] Related news: [RTRS-LEN-CZ-INT]
                                
 
                                
 PENSION SAVINGS: The leading party in the Czech coalition
government will push for a cut in social security tax and a
beefed-up voluntary pensions savings scheme in talks on
reforming the country's pension system, Prime Minister Petr
Necas said on Tuesday.
                                
 Story: [ID:nLDE68D1XJ] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 CEE MARKETS: The Czech crown broke resistance levels to a
22-month high on Tuesday and the Romania Leu outperformed thanks
to likely central bank intervention even as weak stock markets
dragged on other currencies.
                                
 Story: [ID:nLDE68D0I9] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech day-ahead electricity was relatively stable
on Tuesday with prices dipping slightly as wind power remained
steady and power futures gained, traders said.
                                
 Story: [ID:nLDE68D1OU] Related news: [RTRS-LEN-CZ-DRV]
                                
 
                                
 CZECH EPH IN POLAND: Poland's Prime Minister Donald Tusk on
Tuesday backed top utility PGE's <PGEP.WA> bid for
state-controlled rival Energa, saying it would help the
government implement its nuclear energy programme.
                                
 Story: [ID:nLDE68D1NG] Related news: [RTRS-LEN-CZ-MRG]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2010
 vs Euro    <EURCZK=>     24.533     24.505    -0.11       6.78
 vs Dollar     <CZK=>     18.862     18.905     0.23      -2.64
 Czech Equities <.PX>  1,147.4    1,147.4      -0.17       2.69
 U.S. Equities <.DJI> 10,526.49  10,544.13     -0.17       0.94
 Pvs close or current levels vs prior domestic close at 1500 GMT

=========================PRESS DIGEST==========================
                                
 RAILWAY CONSTRUCTION: Transport Minister Vit Barta lifted a
ban on railway work after rail and road construction companies
agreed to 6.5 billion crowns in savings.
                                
 Pravo, page 3
                                
 
                                
 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