PRAGUE, May 17 (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=========================
April producer prices and March foreign trade prices data at
0700 GMT.
February current account balance data at 0800 GMT.
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 - Conference "Economy vs Politics or Election 2010".
Speakers include the heads of most major political parties.
Related news: []
==========================TOP NEWS============================
PM FISCHER INTERVIEW:
PM Fischer warns over fiscal dangers facing the next
cabinet, and says it makes no sense to even discuss when the
country should join the euro zone.
Story: [] Related news: []
EURO ZONE CRISIS TO HIT EMERGING EUROPE: The euro zone
deficit crisis will prompt fiscal cuts in western Europe that
will hit demand for exports from central and Eastern Europe and
undermine the region's recovery, the EBRD said on Friday.
Story: [] Related news: []
BUSINESS KEEN ON EURO ADOPTION: The next Czech government to
emerge from an election this month should adopt a clear euro
target to eliminate uncertainty for foreign investors in the
country, the head of the Czech-German business chamber said.
Story: [] Related news: []
NWR ISSUES ADDITIONAL NOTES: Miner New World Resources (NWR)
<NWRSsp.PR> said on Friday it would issue an additional 25
million euros ($31.76 million) of its 7.875 percent senior
secured notes due 2018.
Story: [] Related news: []
UNIPETROL OUTLOOK: Downstream oil processor Unipetrol's
<UNPEs.PR> chief financial officer said on Thursday he expected
a profit for the first half of the year but offered no specifics
about the current second quarter.
Story: [] Related news: []
EVRAZ MAY HALT CZECH OPS: Russian steel maker Evraz <HK1q.L>
said on Friday it could halt some operations at its plant in the
Czech Republic if it cannot resolve a dispute over raw material
supplies with ArcelorMittal.
Story: [] Related news: []
CBANK MINUTES SHOW CONCERN OVER EXTERNAL GROWTH DUE TO DEBT
CRISIS: Czech central bankers Pavel Rezabek and Robert Holman
voted for stable interest rates at a May 6 meeting at which the
bank surprisingly cut rates to a new record low, minutes from
the vote showed on Friday.
Story: [] Related news: []
CEE FX DROP: The Polish zloty briefly fell below a
psychological level of 4 per euro as fallout from the euro zone
debt crisis continued to weigh, but central European currencies
held on to this week's gains supported by good data.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
Czech Equities <> 1,194.7 1,194.7 -2.51 6.93
vs Euro <EURCZK=> 25.515 25.487 -0.11 3.05
vs Dollar <CZK=> 20.789 20.496 -1.43 -13.13
U.S. Equities <> 10,620.16 10,782.95 -1.51 1.84
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST========================
GRAFT IN FOCUS: The right-wing Civic Democrats said they
would back an initiative led by the American Chamber of Commerce
that aims to make public tenders more transparent. Corruption is
one of the key issues in campaign ahead of election on May
28-29.
Hospodarske Noviny, page 1
PENTA INVESGTMENTS: The privately-held Penta Investments
says it has 800 million euros ready for acquisitions and
restructuring of troubled firms but low pressure of banks on
firms in trouble has narrowed the number of potential targets.
Lidove 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
[]
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
States and other Group of Seven countries see <G7TODAY>
For real-time stock market index quotes click in brackets:
Warsaw WIG20 <> Budapest BUX <> Prague 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
