Czech Republic - Factors To Watch on July 30

                                
 PRAGUE, July 30 (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 + 2 hours)

=========================ECONOMIC DATA=========================
                                
 June 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/]
                                
 
=========================MORNING NEWS===========================
                                
 ERSTE Q2: Emerging Europe's No.3 lender Erste Group Bank
<ERST.VI> slightly missed market expectations as it set aside
more money than expected for bad loans and for Hungary's special
bank tax in the second quarter.
                                
 Story: [ID:nLDE66S2CW]  Related news: [RTRS-LEN-CZ-BNK]

=========================TOP NEWS===============================
                                
 BUDWEISER: The European Union's top court ruled on Thursday
that Anheuser-Busch InBev (AB-InBev) <ABI.BR> may not register
"Budweiser" as a trademark in the bloc, ending a 14-year legal
battle over the name with a Czech brewer.
                                
 Story: [ID:nLDE66S2DM]  Related news: [RTRS-LEN-CZ-BEV]
                                
 
                                
 CEE MARKETS: Hungary's forint and bonds rebounded on
Thursday after the government lifted its offer at the first bond
auction since the collapse of talks with the IMF prompted a
series of warnings on its credit rating.
                                
 Story: [ID:nLDE66S0IX]  Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CBANK ATTENDENCE: The Czech central bank said on Thursday
that six out of seven board members would attend the Aug. 5
rate-setting meeting. The only member to miss the meeting will
be Vice-Governor Mojmir Hampl, the bank said. 
                                
 Story: [ID:nPRA005161]  Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 UNIPETROL: Czech downstream oil group Unipetrol <UNPEsp.PR>
will report second-quarter operating profit that was better than
in the first quarter, due to increased demand, the company said
on Thursday.
                                
 Story: [ID:nLDE66S09G] Related news: [RTRS-LEN-CZ-REFI]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>    --      1191.4     0.63        6.63
 vs Euro    <EURCZK=>  24.77     24.778     0.03        5.88
 vs Dollar     <CZK=>  18.947    18.94     -0.04       -3.1
 U.S. Equities <.DJI>  10467.16  10497.88  -0.29        0.38
 Pvs close or current levels vs prior domestic close at 1500 GMT

=========================PRESS DIGEST==========================
                                
 BUDGET AND STATE COMPANIES: Finance Minister Miroslav
Kalousek said he would support a proposal by the Agriculture
Ministry to pull money from state-owned companies outside of
regular dividends to meet budget goals. 
                                
 On power group CEZ <CEZPsp.PR> he said it would be a problem
because the state is not a 100 percent owner, and added he was
not in favour of a so-called super-dividend.
                                
 Hospodarske Noviny, page 11
                                
 
                                
 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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