PRAGUE, Oct 8 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Friday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================ECONOMIC DATA=========================
September unemployment data at 0700 GMT.
Q3 government debt duration data at 1200 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
===========================TOP NEWS============================
PM PLEDGES TO CLAMP DOWN ON POWER PRICES: The Czech
government will present measures next week to limit the rise of
power prices next year, sparked by subsidies for solar power, to
single percentage points, Prime Minister Petr Necas said on
Thursday.
Story: [] Related news: []
STRONG CZ,HU DATA: German demand helped buoy economic
recovery in Hungary and the Czech Republic, data showed on
Thursday, somewhat postponing risks from an expected euro zone
slowdown in the coming months.
Story: [] Related news: []
OUTPUT EXCEEDS FCAST: Czech manufacturing output exceeded
forecast in August while the trade surplus dropped on machinery
imports, suggesting a continued economic recovery, Czech
statistics office data showed on Thursday.
Story: [] Related news: []
CEE MARKETS: Hungary's forint led central European currency
losses on Thursday, with a correction of its strong recent rally
gathering speed ahead of budget data later in the session
despite strong industry and export figures across the region.
Story: [] Related news: []
CEE POWER: Czech day ahead power tumbled 5 percent on
Thursday due to higher wind production in the region and lower
demand headed into the weekend, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,143 24,505 1,48 8,26
vs Dollar <CZK=> 17,352 17,573 1,26 5,58
Czech Equities <> 1,145,7 1,145,7 0,23 2,54
U.S. Equities <> 10,948,58 10,967,65 -0,17 4,99
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
SOLAR POWER BOOM PROBLEM: Deputy Industry Minister Tomas
Huener said a rise in ecological tax on coal or natural gas may
be a solution to avoid a hike in electricity prices due to a
higher renewable energy subsidy.
Hospodarske Noviny, page 1
POLAND'S ENEA SALE: Czech investment company EP Holding
filed the highest bid, 35 billion crowns ($2 billion), for a 51
percent stake in Poland's Enea. This would be the largest Czech
foreign investment ever.
Hospodarske Noviny, page 17
ECM BONDHOLDERS FEAR DEFAULT: Czech developer ECM which had
delayed the payment of a coupon on its Czech crown notes on
Monday, needs to find an investor to complete its key project
City Epoque in Prague. If that fails, analysts said the company
will have only a small chance to avoid a bankruptcy.
Hospodarske Noviny, page 27
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
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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>
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E-mail: prague.newsroom@reuters.com
