Czech Republic - Factors To Watch on Sept 17

                                
 PRAGUE, Sept 17 (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 ========================
                                
 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===============================
                                
 BRNO - 50th International Engineering Fair 
                                
 Related news: [RTRS-LEN-CZ-MAC]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a regular session. News
conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 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 - Conference "Interests of the Czech Republic and
Adoption of the European Single Currency" with government's
chief euro adoption coordinator Oldrich Dedek (0700 GMT) and
Czech central bank (CNB) board member Vladimir Tomsik (1145
GMT).    
                                
 Related news: [RTRS-LEN-CZ-EUR]
                                
 
                                
 PRAGUE - Telefonica O2 Czech Republic <SPTTsp.PR> dividend
record date
                                
 Related news: [RTRS-LEN-CZ-DIV]
                                
 
                                
 PRAGUE - NWR <NWRSsp.PR><NWRS.L> to begin trading without
right to dividend 
                                
 Related news: [RTRS-LEN-CZ-DIV]
                                
 
========================= TOP NEWS ============================
                                
 CZECH C.BANKER ON CPI RISKS: Risk to the Czech central
bank's macroeconomic forecast are anti-inflationary, Czech
central bank vice governor Miroslav Singer said on Wednesday.
                                
Story: [ID:nPRG001010] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 CEZ RAISES STAKE IN SKAWINA: Czech power group CEZ
<CEZPsp.PR> will buy a 25 percent plus one share stake in Polish
power station Skawina for 92.6 million zlotys ($38.83 million),
the Czech company said on Tuesday.
                                
 Story: [ID:nPRG001010] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 CZECH EXPOSURE TO LEHMAN SMALL: Profits at some Czech banks
may be hit by exposure to the collapsed Lehman Brothers <LEH.N>
but in most cases there should be no impact, Czech central bank
Vice-Governor Miroslav Singer said on Tuesday.
                                
Story: [ID:nLG73693] Related news: [RTRS-LEN-CZ-BNK]
                                
 C.BANKER: READY TO ACT IF FX RATE SWINGS FROM TREND:The
Czech central bank will react if the foreign exchange market
veers off an equilibrium trend, central bank board member
Vladimir Tomsik said on Tuesday.
                                
 Story: [ID:nPRG001003] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CZECH RULING PARTY TRAILS OPPOSITION:The Czech Republic's
ruling right-wing Civic Democrats (ODS) continued to trail the
main opposition party, the leftist Social Democrats (CSSD), by
around 10 percentage points, an opinion poll showed on Tuesday.
                                
Story: [ID:nLG207073] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE BOURSE BRIEFLY HALT TRAING IN NWR: The Prague Stock
Exchange halted trading in shares of coal miner New World
Resources <NWRSsp.PR> on Tuesday after the stock slumped more
than 20 percent from opening levels amid a global equity
selloff.
                                
 Story: [ID:nPRG001002] Related news: [RTRS-LEN-CZ-MIN]
                                
 
                                
 CZECH ECONOMY MAY BE HIT MORE BY GLOBAL TURMOIL:The impact
of a global economic slowdown on the Czech Republic may be much
more intensive than previously thought, central bank
Vice-Governor Mojmir Hampl said.  
                                
 Story:[ID:nPRG001001] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 RETAIL SALES UNDER FCAST: Czech retail sales came in below
forecast for the fifth month in a row in July, highlighting
consumer caution due to high inflation and prompting analysts to
predict lower interest rates, perhaps by the year end.
                                
 Story:[ID:nLG456539] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CEZ EYES KAZAKHSTAN: Czech power group CEZ <CEZPsp.PR> will
look for acquisitions in Kazakhstan and Vietnam amid lack of
opportunities in its traditional markets in central and eastern
Europe, CEZ's mergers and acquisitions director said.
                                
 Story:[ID:nLA352346] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 CROWN SEEN WEAKENING: The Czech crown will likely fall 3.7
percent versus the euro in the next six months, weakening with a
slowing economy as prospects for an interest rate cut by the end
of the year grow, a Reuters poll showed on Tuesday.
                                
 Story:[ID:nLF221372] Related news: [RTRS-LEN-CZ-FRX]
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,167.6  1,236.8   -5.60        -35.67
 vs Euro     <EURCZK=>  24.020   24.000   +0.00        +10.42
 vs Dollar      <CZK=>  16.896   16.870   -0.01         +7.69
 U.S. Equities  <.DJI>  11,059   10,918   +1.30        -16.63
 Pvs close or current levels vs prior domestic close at 1500
 ====================== PRESS DIGEST===========================
                                
 FINMIN ON BUDGET: Revenue expectations for the 2009 state
budget might not be fulfilled next year due to turbulence on
global markets, Finance Minister Miroslav Kalousek said.
                                
Mlada fronta Dnes, page B1
                                
 
                                
 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)