Czech Republic - Factors To Watch on June 10

                                
 PRAGUE, June 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 + 2 hours)

======================== ECONOMIC DATA ========================
                                
 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.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
=========================TOP NEWS===============================
                                
 CEE FX RALLY: The Hungarian forint rose to a one-week high
on Tuesday, leading central European currencies after news
Latvia was close to agreeing budget cuts that could get it more
IMF funds boosted sentiment.
                                
 Story: [ID:nLN716814] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE ECONOMIES FALL: Collapsing industry and trade across
eastern Europe have pushed local economies into recession in the
first quarter, data from Romania, Hungary and the Czech Republic
showed on Tuesday.
                                
 Story: [ID:nL9461434] Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 Q1 GDP FALL CONFIRMED: The Czech economy fell by a real 3.4
percent in the first quarter versus a year earlier, data showed
on Tuesday, confirming a flash estimate released last month.
                                
 Story: [ID:nL9179147] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CBANK'S GDP VIEW: Capital formation in the Czech economy
dropped dramatically in the first quarter, leading the overall
activity below the central bank's forecast, the bank said.
                                
 Story: [ID:nPRG001460] Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 RAFINERSKA BACK UP: Czech oil processor Ceska Rafinerska
<UNPEsp.PR> <ENI.MI> <RDSa.L> restarted full operations of its
Kralupy refinery on June 8 after a maintenance outage started on
April 15, the company said on Tuesday.
                                
 Story: [ID:nL91034406] Related news: [RTRS-LEN-CZ-REFI]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities  <.PX>   960.6    960.6   +0.00          N/A 
 vs Euro     <EURCZK=>  26.756   26.756   +0.00         +0.13
 vs Dollar      <CZK=>  18.955   18.969   +0.02         +0.76
 U.S. Equities  <.DJI>   8,763    8,764   -0.02         -0.15
 Pvs close or current levels vs prior domestic close at 1600 GMT

=========================PRESS DIGEST===========================
                                
 GAS DEAL: Shareholders of Moravske Naftove Doly oil and gas
group -- Czech KKCG, Germany E.ON <EONGn.DE> and Slovak SPP
<GSZ.PA> -- are near agreement that would give control over the
company to KKCG, according to sources.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 PENSION FUNDS: The central bank (CNB) disputed a Hospodarske
Noviny story claiming pension funds have more liabilities than
total assets totalling 5.9 billion crowns ($304.7 million). 
                                
 The CNB said funds had positive equity of more than 1
billion crown and a short-term gap toward liabilities of 975
million by end-April. 
                                
 The paper said it stood by its article.
                                
 Hospodarske Noviny, 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    [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)