PRAGUE, Oct 26 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
=========================ECONOMIC DATA=========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
============================EVENTS==========================
PRAGUE -The lower house of parliament to hold a session.
First reading of 2011 budget draft on the schedule.
Related news: []
PRAGUE - Prime Minister Petr Necas to meet labour unions
(CMKOS) leader Jaroslav Zavadil. A news conference at 0815 GMT.
Related news: []
============================TOP NEWS==========================
CME EARNINGS POLL: Broadcaster CME <CETV.O> <> is
expected to post OIBDA (operating loss before depreciation and
amortisation) at minus $5.8 million in the third quarter, as
most of its advertising markets remained subdued, a Reuters poll
showed on Monday.
Story: [] Related news: []
BOGDANKA: Polish state-owned coal miner JSW on Monday played
down reports it may launch a counterbid for local rival Bogdank
<LWBP.WA> to put pressure on Bogdanka's Czech suitor NWR
<NWRSsp.PR> <NWRS.L>.
Story: [] Related news: []
SOLAR CAPACITY MAY PAST TARGET: Czech solar capacity may
soar past 1,600 MW by the end of 2010 as operators rush to
connect their projects to the grid to qualify for generous
subsidies, the Czech energy regulatory office said on Monday.
Story: [] Related news: []
CEE MARKETS: Central European currencies jumped on Monday as
a weaker dollar pushed investors to emerging market assets, and
Bucharest's improving odds for surviving a no-confidence vote
underpinned the Romanian leu.
Story: [] Related news: []
CEE POWER: Cold weather helped support Czech spot power
prices on Monday as wind generation forecasts in the region were
for low capacity, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,502 24,502 0 6,9
vs Dollar <CZK=> 17,543 17,526 -0,1 4,54
Czech Equities <> 1,158,1 1,158,1 1,76 3,65
U.S. Equities <> 11,164,05 11,132,56 0,28 7,06
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
2011 BUDGET: Junior coalition partner Public Affairs support
a plan by Finance Minister Miroslav Kalousek who proposed to
declare a state of legislative emergency in Parliament as a way
to expedite the approval of budget cuts needed for the 2011
budget. The plan would partially circumvent the leading leftist
party the Social Democrats which gained a majority in a weekend
vote for the parliament's upper house and has said it would veto
the budget cuts. The veto could be overridden by the lower house
but this would mean a delay.
The legislative emergency situation would mean the leftist
party could only delay the approval by ten days, and not 30 days
as it could do otherwise.
Hospodarske Noviny, page 5
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
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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
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