PRAGUE, Dec 10 (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 ========================
Q3 gross domestic product data at 0800 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on Czech currency.............................[]
======================== EVENTS ===============================
PRAGUE - The lower house of parliament to continue an
extraordinary session. The third reading of 2009 state budget
draft on the schedule.
Related new: []
PRAGUE - The Czech cabinet to hold a regular session. News
conference to follow.
Related new: []
====================== TOP NEWS ===========================
PARLT DEFERS LISBON VOTE: The lower house of the Czech
parliament halted ratification of the European Union's Lisbon
treaty until February on Tuesday after the ruling party demanded
time for discussion and other votes it links to the pact.
Story: [] Related news: []
GROWTH OUTLOOK: Czech economic growth may drop more than
expected next year and a 2 percent expansion would be a
satisfactory outcome, Deputy Finance Minister Eduard Janota
said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008
Czech Equities <> 0,000.0 0,847.9 +0.00 -100.00
vs Euro <EURCZK=> 25.795 25.750 -0.17 +2.73
vs Dollar <CZK=> 19.794 20.004 +1.02 -8.24
U.S. Equities <> 08,691 08,934 -2.72 -34.48
Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST ===========================
TAXES: The government is likely to push through an income
tax proposal that preserves a 15 percent tax rate and reduces
social tax by 1.5 percent thanks to support from independents.
Hospodarske Noviny, page 1
CEZ: Czech power group CEZ <> and Czech-Slovak
privately held group J&T were shortlisted in a tender to buy
German coal miner and power company Mibrag whose value is
estimated at 10 billion crowns ($501 million).
Mlada fronta Dnes, page B6
ENERGY CONSUMPTION: Czech power group CEZ saw the steepest
annual drop over the past ten years in electricity consumption
as companies reduce production due to shrinking demand. November
power consumption fell 7.3 percent year on year.
EURO: Czech Prime Minister Mirek Topolanek said the
government is likely to set a euro adoption date next year.
Hospodarske Noviny, page 17
LAY-OFFS: Some 6 percent of Czech employers report plans to
cut jobs in the first quarter of 2009.
E15, page 9
AIRPORT SALE: The process of privatising the Prague Airport
is delayed due to protracted negotiations with Czech-Slovak
group Penta over a sale of land earmarked for a new runway.
E15, page 10
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>
For real-time stock market index quotes click in brackets:
Warsaw WIG20 <> Budapest BUX <> Prague PX <>
News editor of the day: Jan Lopatka on +420 224 190 474;
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E-mail: prague.newsroom@reuters.com
(Compiled by Jana Mlcochova)
