Czech Republic - Factors To Watch on Feb 23

                                
 PRAGUE, Feb 23 (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 - The Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - 3-year government bond auction <CZ1002869=>.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 HAMILTON, Bermuda - Television group Central European Media
Enterprises <CETV.O> <CETVsp.PR> 2010 results. Conference call
1400 GMT.
                                
 Related news: [RTRS-LEN-CZ-PUB]
                                
 
                                
 PRAGUE - President of the European Council Herman van Rompuy
to meet President Vaclav Klaus, Prime Minister Petr Necas. Press
briefing 1045 GMT.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
===========================MORNING NEWS=========================
                                
 CME Q4: Rising sales lifted broadcaster Central European
Media Enterprises' (CME) <CETV.O> <CETVsp.PR> fourth-quarter
revenue and core profit above expectations, helping it meet
full-year guidance.
                                
 Story: [ID:nLDE71L1L1] Related news: [RTRS-LEN-CZ-PUB]
                                
 
=============================TOP NEWS===========================
                                
 PENSION REFORM: The Czech parliament will approve the
government's pension reform proposal in the autumn of this year,
Labour and Social Affairs Minister Jaromir Drabek said.
                                
 Story: [ID:nPRG004739] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 CEE MARKETS: Emerging Europe's currencies fell on Tuesday on
worries over escalating tensions in Libya, while the Polish
zloty was further hit by dovish comments from a central banker
which cooled rate rise expectations.
                                
 Story: [ID:nLDE71L0KU] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech day-ahead power prices fell slightly on
Tuesday but remained near a two-month high hit a day earlier as
limited export capacity from neighbouring Poland and cold
temperatures helped support prices, traders said.
                                
 Story: [ID:nLDE71L1Z8] 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=>     24.482     24.466    -0.07       2.07
 vs Dollar     <CZK=>     17.843     17.883     0.22       4.42
 Czech Equities <.PX>  1,241.4    1,241.4       -0.1       1.36
 U.S. Equities <.DJI> 12,212.79  12,391.25      -1.44      5.49
 Pvs close or current levels vs prior domestic close at 1500 GMT

==========================PRESS DIGEST=========================
                                
 RETAIL BANKING: Investment group PPF plans to launch a
retail bank called Air Bank.
                                
 Hospodarske Noviny, page 15
                                
 
                                
 PENSION REFORM: Labour Minister Jaromir Drabek said he is
counting on 50 percent participation in the opt-out to private
pension 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