PRAGUE, Aug 15 (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 ========================
                                 Real-time economic data releases....................<ECONCZ>
                                 Previous stories on Czech data.............[]
                                 Overview of economic data and forecasts..........<CZ/ECON15>
                                 Updates on Czech currency.............................[]
====================== EVENTS ================================
                                 PRAGUE - Minutes from the August 7 governing board meeting
at 0700 GMT.
                                 Related news: []
                                 PRAGUE - Czech central bank governing board to release a
quarterly inflation report.
                                 Related news: []
====================== TOP NEWS ================================
                                 CROWN SLIDES: The Czech crown <EURCZK=> faded further
against the euro on Thursday as investors worried over the
economy's growth outlook and appetite shifted in favour of a
stronger dollar.
                                Story: [] Related news: []
                                 
                                 CEZ NET JUMPS ABOVE FCAST: The net profit of Czech utility
CEZ <> jumped by two-thirds in the second quarter,
powering past analysts expectations thanks to one-off financial
gains and lower reliance on outside electricity providers.
                                 Story: [] Related news: []
                                
                                 CZECH ECONOMY SLOWS SHARPLY: Czech economic growth slowed
more than expected to 4.5 percent year-on-year in the second
quarter on weakening demand both home and abroad and the strong
crown, the Czech Statistical Bureau (CSU) said on Thursday.
                                Story: [] Related news: []
                                 
                                 PPI UP SLIGHTLY:  Czech industrial producer prices rose 0.1
percent in July from June, slower than market forecasts, putting
the annual rate at 5.2 percent from June's 5.3 percent.
                                 Story: [] Related news: []
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                                              close   on day       in 2008
 Czech Equities  <> 1,448.4  1,448.3   +0.01        -20.20
 vs Euro     <EURCZK=>  24.420   24.411   -0.04         +8.52
 vs Dollar      <CZK=>  16.533   16.383   -0.91         +9.89
 U.S. Equities  <>  11,616   11,533   +0.72        -12.43
 Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST===========================
                                 ORCO TO ISSU SHARES: Developer Orco Property Group <ORCO.PA>
<> plans to issue up to 2 million new shares over the
next two years in an effort to raise 50 million euros to
consolidate its financial position.
                                 Hospodarske Noviny, page 15
                                 
                                 PRAGUE AIRPORT SALE: The Prague Airport, slated for
privatisation next year, plans to complete talks on buying a 75
hectare plot of land pegged for its second runway by the end of
the year.
                                 Hospodarske Noviny, page 17
                                
                                 CZECH PRESIDENT CONCERNED WITH GEORGIA SITUATION: Czech
President Vaclav Klause said he was deeply concerned with the
conflict in Georgia and said he strongly condemns the Georgian
assault on South Ossetia.
                                 Mlada fronta Dnes, page 6
                                 
                                 CSA SALE: Consortium of Deloitte and CMS Cameron McKenna
will advise the state on the sale of Czech airlines CSA.
                                 Mlada fronta Dnes, page 8
                                 
                                 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: Jana Mlcochova on +420 224 190 479;
fax: +420 224 229 935
                                 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)