Czech Republic - Factors To Watch on Sept 11

                                
 PRAGUE, Sept 11 (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 + 2 hours)

=========================ECONOMIC DATA=========================
                                
 July industrial and construction data at 0700 GMT.
                                
 July current account balance data at 0800 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 CEE currencies.............................[CEE/]
                                
 
==========================EVENTS==============================
                                
 PRAGUE - The lower house of parliament to continue a
session, final reading of amendment to the constitution and
election law amendment.
                                
 Related news: [RTRS-LEN-CZ-POL]
=========================MORNING NEWS========================
                                
 CME: Central European Media Enterprises Ltd <CETV.O>:
Prices offering of EUR 200 million of 11.625 percent senior
notes due 2016
                                
 Story: [ID:nWNAB8540] Related news: [RTRS-LEN-CZ-DIP]

==========================TOP NEWS============================
                                
 CR SUED OVER U.S. RADIO: A former worker at a U.S. radio
broadcasting to countries with clipped media claimed the station
treated some staff unfairly and the Czech Republic failed to
uphold her rights, and took the case to a European Court.
                                
 Story: [ID:nLA50221] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 COURT CANCELS ELECTION: The Czech Constitutional Court
scrapped a law on Thursday which allowed for an early election
next month, postponing the polls probably until November.
                                
Story: [ID:nLA198966] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 CZECH-POLISH PIPELINE: Poland and the Czech Republic are
planning to build a short interconnector pipeline to transport
about 500 million cubic metres of gas annually from the Czech
Republic into Poland.
                                
 Story: [ID:nLA218232] Related news: [RTRS-LEN-CZ-]
                                
 
                                
 ORCO DEBT: Orco Property Group <ORCO.PA> <ORCOsp.PR> offered
bondholders on Thursday a swap for new debt and equity as part
of its restructuring plan, giving creditors 55.8 cents on each
euro of debt.
                                
 Story: [ID:nLA658077] Related news: [RTRS-LEN-OIL]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>   1147,5      1147,5    -0,47       33,71
vs Euro   <EURCZK=>     25,472      25,478     0,02        4,79
vs Dollar    <CZK=>     17,44       17,477     0,21        8,76
 U.S. Equities <.DJI>   9627,48     9547,22    0,84        9,7
 Pvs close or current levels vs prior domestic close at 1600 GMT
==========================PRESS DIGEST========================
                                
 SKODA AND SCRAP SUBSIDY: Skoda Auto <VOWG.DE> chief
executive Reinhard Jung said he welcomed that the parliament
approved a scrap subsidy scheme but said the problem was it was
not clear when the scheme would launch. He said people delay car
purchases until the scheme starts, which is bad for sales. He
said the crown around 25.00 per euro was strong and hurt
financial performance.
                                
 Mlada fronta Dnes, page A8
                                
 
                                
 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)