Czech Republic - Factors To Watch on March 11

                                
 PRAGUE, March 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 + 1 hours)

=========================ECONOMIC DATA=========================
                                
 Q4 gross domestic product at 0800 GMT.
                                
 January industrial and construction 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 Czech Statistics Bureau (CSU) to hold a news
conference on 2010 gross domestic product data at 0930 GMT.
                                
 Related news: [RTRS-LEN-CZ-MCE]
                                
 
============================TOP NEWS===========================
                                
 CBANK REVISES C/A DATA DUE TO NEW METHOD: The Czech central
bank said on Thursday it revised the country's 2009 and 2010
current account data following a methodological change in
foreign trade statistics by the Czech Statistical Office.
                                
 Story: [ID:nLDE7292OK] Related news: [RTRS-LEN-CZ-MCE]

                                
 GOVT SCALES BACK PLAN TO HIKE SALES TAX:The Czech ruling
coalition parties scaled back a plan to hike the sales tax on
Thursday, yielding to public outcry the centre-right cabinet was
using the pretext of pension reforms for a hefty grab for
people's money.
                                
 Story: [ID:nLDE7292N1] Related news: [RTRS-LEN-CZ-PLCY]

                                
 PRICES TO RISE LESS THAN 1 PCT ON VAT HIKE: Planned increase
in the Czech value-added tax will have a less than 1 percentage
point impact on inflation in 2012, Labour Minister Jaromir
Drabek said in a statement on Thursday.
                                
 Story: [ID:nLDE72A07V] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 MINING LIMITS IN SPOTLIGHT: The Czech Industry Ministry will
propose lifting mining limits starting in 2015 and charging
miners an extra fee for extraction, Minister Martin Kocourek
said on Thursday.
                                
 Story: [ID:nLDE72921Q] Related news: [RTRS-LEN-CZ-MIN]
                                
 
                                
 FINMIN PLANS NO CHANGE TO CORPORATE INCOME TAX RATE: Czech
Finance Minister Miroslav Kalousek said on Thursday that a tax
overhaul to be unveiled next week would keep the corporate tax
rate unchanged, maintain the dividend tax and find a way to
avoid double taxation. 
                                
 Story: [ID:nLDE7290L9] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 BLACKROCK SELLS CME SHARES: BlackRock reduced its stake in
broadcaster Central European Media Enterprises (CME) <CETV.O>
<CETVsp.PR> to 4.22 percent from 5.68 percent, a regulatory
filing showed on Thursday.
                                
 Story: [ID:nPRG004783] Related news: [RTRS-LEN-CZ-STX]
 
                                
 CEE MARKETS: Hungarian bonds attracted robust demand on
Thursday at the government's first auctions after it announced
fiscal reforms, but euro zone debt worries continued to weigh on
sentiment across the region. 
                                
 Story: [ID:nLDE7290JD] Related news: [RTRS-LEN-CZ-FRX]
                                
    
                                
 CEE POWER: Czech spot power climbed nearly 6 percent on
Thursday due to outages in the region and declining wind
generation, which offset warmer temperatures, traders said.
                                
Story: [ID:nLDE72924M] Related news: [RTRS-LEN-CZ-DRV]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2011
 vs Euro    <EURCZK=>     24.347     24.333    -0.06      2.61
 vs Dollar     <CZK=>     17.636     17.598    -0.22      5.53
 Czech Equities <.PX>  1,212.2    1,212.2      -0.66     -1.03
 U.S. Equities <.DJI> 11,984.61  12,213.09     -1.87      3.52
 Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST=========================
                                
 DIVIDENDS: The dividend outflow has slowed in 2010 to a
total of 170 billion Czech crowns from 183 billion for the whole
of 2009.
                                
 E15, page 1
                                
   
                                
 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>

                                
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