Czech Republic - Factors To Watch on Dec 5

                                
 PRAGUE, Dec 5 (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 + 1 hours)
======================== ECONOMIC DATA ========================
                                
 November foreign exchange reserves data at 0900 GMT.
                                
 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 ===============================
                                
 PRAGUE -  EU foreign policy chief Javier Solana to meet
Czech Prime Minister Mirek Topolanek at 0655 GMT; Czech Defense
Minister Vlasta Parkanova at 0815 GMT; holds news conference
with Czech Foreign Minister Karel Schwarzenberg at 1230 GMT; and
meets Czech President Vaclav Klaus at 1400 GMT.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - News conference with European Parliament President
Hans-Gert Pottering and Czech Deputy Prime Minister for European
Affairs Alexandr Vondra at 0845 GMT.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - Conference "Priorities and prospects for the
European Union" to continue.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - Ruling Civic Democratic Party (ODS) to start
three-day congress.
                                
 Related new: [RTRS-LEN-CZ-POL]
                                
 
 ====================== TOP NEWS ===========================
                                
 CBANKER HAMPL TO VOTE FOR RATE CUT: Czech central bank
Vice-Governor Mojmir Hampl said on Thursday he would vote for
further easing of monetary conditions at the Dec. 17 policy
meeting but he declined to comment on the size of the cut.
                                
 Story: [ID:nL4314542] Related news: [RTRS-LEN-CZ-INT]
                                
 
                                
 CEE FX RESILIENT: Central European currencies were resilient
to an ECB rate cut on Thursday, while the battered dinar
received special treatment from Serbia's central bank and
Poland's zloty was damaged by Polish corporate worries.
                                
 Story: [ID:nL4562693] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CZECHS DELAY CO2 AUCTION: The Czech Republic is delaying its
planned sale of a portion of surplus greenhouse gas emissions
rights by four months due to technical reasons as global prices
drop, a government official said on Thursday.
                                
 Story: [ID:nL4145162] Related news: [RTRS-LEN-CZ-CO2]
                                
 
                                
 PM SEEN SURVIVING: Czech Prime Minister Mirek Topolanek will
likely win a battle to retain his party leadership this weekend,
diminishing fears his cabinet may fall three weeks before the
country takes over the EU presidency.
                                
 Story: [ID:nL2480314] Related news: [RTRS-LEN-CZ-POL]
                                
 
====================== PRESS DIGEST ===========================
                                
 SKODA AUTO TO LET WORKERS GO: Volkswagen's <VOWG.DE> Skoda
Auto will let go 3 percent of its workforce, or 870 people,
according to a union chief.
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 INTEREST RATE DIFFERENTIAL NOT FACTOR: Czech central bank
governor Miroslav Singer said the bank will make a decision on
interest rates this month on outlook for its inflation target
and the economic situation, not the interest rate differential,
reiterating the central bank's often repeated stance.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 UNIPETROL INVESTING IN POLYPROPYLENE: Refinery Unipetrol
<UNPEsp.PR> will invest 800 million crowns to up production of
polypropylene by 25,000 tonnes to a total 275,000 tonnes.
                                
 Hospodarske Noviny, page 18
                                
 
                                
 CBANK DOESN'T RECOMMEND EURO FOR NOW: A central bank report
for the government did not recommend pushing for fast euro
adoption due to the global financial crisis.
                                
 Mlada Fronta Dnes, page B2
                                
 
                                
 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 Jason Hovet)