PRAGUE, Dec 18 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Thursday.
ALL TIMES GMT (Czech Republic: GMT + 1 hour) ======================== ECONOMIC DATA ========================
October retail sales data at 0800 GMT.
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Previous stories on Czech data.............[
]Overview of economic data and forecasts..........<CZ/ECON15>
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] ============================= EVENTS============================PRAGUE - Czech Foreign Minister Karel Schwarzenberg to meet his Norwegian counterpart Jonas Gahr Store. News conference at 1220 GMT.
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CBANK CUTS, MORE TO COME: The Czech central bank cut interest rates by half a percentage point on Wednesday and painted a dark picture of economic development that promises to more policy easing on the horizon.
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POLICYMAKERS BATTLE ECON CRISIS: Czech policymakers cut interest rates and the governor of Poland's central bank said it may prop up the plunging zloty as emerging Europe struggled to fight back against the encroaching global economic crisis.
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CEE FX MIXED: Central European currencies were mixed on Wednesday after the Czech central bank cut interest rates by 50 basis points to 2.25 percent in the latest move to bolster growth in the region's emerging markets.
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SLOVAKIA TAPS CEZ: The Slovak government said on Wednesday it had chosen Czech electricity maker CEZ <
> as the strategic partner for a new nuclear power plant expected to cost 4-6 billion euros.Story: [
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OPPOSITION GAINS GROUND: The Czech Republic's main opposition party, the leftist Social Democrats, extended their lead over the ruling right-wing group to record 17.5 percentage points, an opinion poll showed on Wednesday.
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] Related news: [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008 vs Euro <EURCZK=> 26.400 26.400 +0.00 +0.38 vs Dollar <CZK=> 18.359 18.290 -0.35 -1.00 U.S. Equities <
> 08,824 08,924 -1.12 -33.48 Pvs close or current levels vs prior domestic close at 1500 ====================== PRESS DIGEST ===========================TRANSPORT COULD STRIKE: Transport unions agreed to plan a strike for the middle of January in protest of government plans to cancel tax advantages for some employee benefits.
Hospodarske Noviny, page 1
ONLINE BETTING GETS GO AHEAD: The Finance Ministry gave licenses to five domestic groups to launch online betting next year, ending long-held restrictions against domestic players.
Mlada Fronta Dnes, page B1
USED CAR PRICES DROP: Prices of used cars dropped 10-25 percent this year, dealer AAA Auto Group <
> said.E15, page 10
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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] 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
E-mail: prague.newsroom@reuters.com (Compiled by Jason Hovet)