Czech Republic - Factors To Watch on Aug 31

                                
 PRAGUE, Aug 31 (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=========================
                                
 July money supply 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 - Czech central bank and Finance Ministry to hold
joint news conference on financial literacy in the Czech
Republic with CNB board member Eva Zamrazilova and Finance
Minister Miroslav Kalousek (11:00 GMT).
                                
 Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 PRAGUE - Developer Orco Property Group <ORCOsp.PR> to
release first half results.
                                
 Related news: [RTRS-LEN-CZ-REA]
                                
 
                                
 PRAGUE - Chemicals group Unipetrol <UNPEsp.PR>, a unit of
Poland's PKN Orlen <PKNA.WA>, holds press conference on first
half results (0900 GMT).
                                
 Related news: [RTRS-LEN-CZ-CHE]
                                
 
===========================MORNING NEWS========================
                                
 UNIPETROL Q2: Czech downstream oil group Unipetrol
<UNPEsp.PR> posted second-quarter net profit of 520 million
crowns ($26.72 million), a touch better than analysts'
estimates.
                                
 Story: [ID:nPRG004335] Related news: [RTRS-LEN-CZ-CHE]
                                
 
===========================TOP NEWS============================
                                
 CEE MARKETS: Polish bond prices dipped on Monday after
strong GDP data and news the central bank had held a vote on
whether it was ready to raise rates yet, while hawkish comments
did little to stop a Czech bond rally. 
                                
 Story: [ID:nLDE67T0CQ]  Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 BANK TESTS: Czech banks' non-performing loans will rise in
the next year but the sector should remain resilient to
potential shocks and be well-capitalised even if an extremely
negative scenario were to develop, central bank stress tests
showed on Monday.
                                
 Story: [ID:nLDE67T0HY]  Related news: [RTRS-LEN-CZ-BNK]
                                
 
                                
 CEE ENERGY: Czech spot electricity rose on Monday as cold
weather, lack of available capacity and lower wind generation in
the region drove up prices, traders said.
                                
 Story: [ID:nLDE67T1C6]  Related news: [RTRS-LEN-CZ-DRV]

=========================PRESS DIGEST==========================
                                
 NEW SKODA CHIEF: Windried Vahland will take over the top job
at Skoda Auto <VOWG.DE> on Wednesday.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 KLAUS IN PARLT: President Vaclav Klaus will make his first
address in seven years to Parliament on Sept 7 when a new
ombudsman is elected.
                                
 Pravo, page 4
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 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