Czech Republic - Factors To Watch on Sept 22

                                
 PRAGUE, Sept 22 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday. 
                                
 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 Czech currency.............................[CZK/]
==========================EVENTS===============================
                                
  PRAGUE - The Czech cabinet to hold a regular session.
Scheduled to discuss 2009 budget draft. News conference to
follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
========================= TOP NEWS ============================
                                
 ZENTIVA ACCEPTS SANOFI OFFER: Czech generics drugs maker
Zentiva <ZNTVsp.PR> has accepted a higher takeover offer from
French drugmaker Sanofi-Aventis <SASY.PA> that values Zentiva at
around 1.8 billion euros ($2.6 billion), Sanofi said on Monday.
                                
 Story: [ID:nLM505309] Related news: [RTRS-LEN-CZ-DRU]
                                
 
                                
 C.EUROPE BANKS SEEN ON HOLD: Central European policy makers
will likely leave interest rates flat when they meet over the
next two weeks but worries over the impact of the global credit
crisis are softening the outlook for the coming months.
                                
 Story: [ID:nLJ312879] Related news: [RTRS-LEN-CZ-PLCY]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,316.2  1,178.0  +11.73        -27.49
 vs Euro     <EURCZK=>  23.970   23.940   -0.13        +10.55
 vs Dollar      <CZK=>  16.585   16.615   +0.27         +9.66
 U.S. Equities  <.DJI>  11,388   11,020   +3.35        -14.15
 Pvs close or current levels vs prior domestic close at 1500
                                
 
======================= PRESS DIGEST===========================
                                
 CME TO RAISE AD PRICES:  Broadcaster CME <CETVsp.PR> chief
executive Michael Garin said growth in next year's ad prices
will be higher than this year's growth but he rejected to
specify by how much.
                                
 Hospodarske Noviny, page 23
                                
 
                                
 CRISIS TO IMPACT BOURSE'S PRICE: Financial crisis is likely
to squeeze the selling price of the Prague Stock Exchange (PSE),
which is slated for sale by the end of the year, PSE's chief
executive Petr Koblic said.
                                
 E15, page 15
                                
 
                                
 STATE BUDGET: Finance Minister Miroslav Kalousek said he
will propose the government to discuss the state budget in its
current form although he had said weakening economy may result
in lower than assumed revenues. At the turn of the year, the
minister will adjust the budget expenditures, he said.
                                
 E 15, page 4
                                
 
                                
 GOVT MAY WIND UP: Vice- Prime Minister Jiri Cunek said the
government should finish if it fails to push through the state
budget proposal in Parliament.
                                
 
                                
 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;
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 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)