Czech Republic - Factors To Watch on Feb 16

                                
 PRAGUE, Feb 16 (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 + 1 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 CEE currencies............................[CEE/]
=============================EVENTS==========================
                                
 PRAGUE - Komercni Banka <BKOMsp.PR> to release 2010 results
(0700 GMT). A news conference at 0800 GMT, conference call at
1530 GMT. Analysts expect Q4 net profit of CZK 3.15 bln, net
interest income of 3.37 and provisions of 675 mln.
                                
  Related news: [RTRS-LEN-CZ-RES]
                                
 
                                
  PRAGUE - The Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
=============================TOP NEWS===========================
                                
 KBC PLANS CSOB IPO IN MARCH: KBC <KBC.BR> should start
floating shares in its Czech bank CSOB in Prague in the middle
of March, Czech magazine Euro reported on its website on
Tuesday, citing a source close to the Belgian group.
                                
 Story: [ID:nLDE71E24I] Related news: [RTRS-LEN-CZ-CEEU]
                                
 
                                
 CEZ SIGNS DEAL WITH ROLLS ROYCE: British engine maker Rolls
Royce <RR.L> said on Tuesday it signed an agreement with Czech
utility CEZ <CEZPsp.PR> to provide long-term life-cycle
management services to the power group's Dukovany nuclear power
plant.
                                
 Story: [ID:nPRG004711] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 CEE RECOVERY CONTINUES BUT MORE SLOWLY: Emerging Europe's
industry-led economic recovery slowed at the end of 2010 and
weak consumer demand compounded by budget consolidation in many
countries looked likely to keep a lid on growth this year. 
                                
 Story: [ID:nLDE71E0F9] Related news: [RTRS-LEN-CZ-CEEU]
                                
  
                                
 C.BANK SEES SOONER RISE IN RATES: The Czech central bank's
new forecast implies rates should start rising earlier than what
was expected in the bank's previous forecast, a presentation by
the bank's chief statistician showed on Monday.
                                
 Story: [ID:nLDE71D0WL] Related news: [RTRS-LEN-CZ-INT]
                                

                                
 Q4 GDP TOUCH BELOW FCAST, JAN PPI ABOVE: The Czech economy
grew by 0.5 percent over the previous three months in the fourth
quarter, below analysts' forecast for a 0.8 percent rise, data
showed on Tuesday.
                                
 Story: [ID:nLDE71E08A] Related news: [RTRS-LEN-CZ-INT]
                                
 
                                
 CEE MARKETS: The zloty surged against the euro on Tuesday as
higher-than-expected January Polish inflation figures
reinvigorated expectations for interest rate increases by the
Polish central bank in the next months. 
                                
 Story: [ID:nLDE71E0HF] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Colder weather and a drop in wind capacity drove
Czech day ahead temperatures higher on Tuesday while higher gas
and coal prices lifted long-term electricity contracts, traders
said. 
                                
 Story: [ID:nLDE71E1U3] Related news: [RTRS-LEN-CZ-DRV]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2011
 vs Euro    <EURCZK=>     24.345     24.301    -0.18      2.62
 vs Dollar     <CZK=>     17.994     17.978    -0.09      3.61
 Czech Equities <.PX>  1,247.4    1,247.4      -0.31      1.85
 U.S. Equities <.DJI> 12,226.64  12,268.19     -0.34      5.61
 Pvs close or current levels vs prior domestic close at 1500GMT
==========================PRESS DIGEST=========================
                                
 TRADE UNIONS WAGE DEMANDS: Czech trade unions will require a
4.5 percent rise in wages this year after data showed economic
growth has recovered.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 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>

                                
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 E-mail: prague.newsroom@reuters.com