Czech Republic - Factors To Watch on June 16

                                
 PRAGUE, June 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 + 2 hours)

=========================ECONOMIC DATA=========================
                                
 April current account balance data at 0800 GMT. Markets
expect 8.0 billion crown deficit.
                                
 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 - 15-year government bond auction <CZ1002547=>.
                                
Related news [RTRS-LEN-CZ-DBT]
 =======================MORNING NEWS=========================
                                
 CZECH FINMIN PLANS CUTS: Czech Finance Minister Eduard
Janota plans a series of cuts and tax hikes worth a total of 68
billion crowns ($3.61 billion) to keep the 2011 budget deficit
on target, daily Hospodarske Noviny reported on Wednesday.
                                
 Story: [ID:nPRG004211] Related news [RTRS-LEN-CZ-GVD]
                                
 
 ==========================TOP NEWS============================
                                
 REUTERS COLUMN: CROWN SEEN RISING: Strong Czech economic
fundamentals and a renewed appetite for central and eastern
European (CEE) risk could see the Czech crown revisit its recent
highs against a euro arguably finding a base against the dollar.
                                
 Story: [ID:nLDE65E191] Related news [RTRS-LEN-CZ-FRX]
                                
 
                                
 CZECHS SCEPTICAL ABOUT EURO:The number of Czechs against
adopting the euro has jumped by almost half since February
although a majority are still in favour, according to a poll
published on Tuesday following months of turmoil in the euro
zone's periphery.
                                
 Story: [ID:nLDE65E092] Related news [RTRS-LEN-CZ-POL]
                                
 
                                
 CEE FX MIXED: Emerging European assets were mixed on Tuesday
morning as a no-confidence vote against the Romanian government
raised uncertainty, and the unfavourable backdrop from Europe's
core markets kept most investors away.
                                
 Story: [ID:nLDE60E0IT] Related news [RTRS-LEN-CZ-FRX]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>   1157,9      1157,9    0,4      3,63
vs Euro   <EURCZK=>    25,614       25,62    0,02      2,67
vs Dollar    <CZK=>    20,79        20,834   0,21     -13,13
 U.S. Equities <.DJI>  10404,77    10190,89  2,1      -0,22
 Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST==========================
                                
 EVRAZ: Evraz Vitkovice Steel, a unit of London listed steel
firm Evraz <HK1q.L>, should say on Wednesday whether it plans to
close its Ostrava steel mill, after it has failed to agree with
Arcelor Mittal Ostrava <ISPA.AS> on iron-pig prices.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 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
                                
 (Compiled by Jana Mlcochova)
                                
 E-mail: prague.newsroom@reuters.com