PRAGUE, March 25 (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 + 1 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 ===============================
DEPUTY FINANCE MINISTER: The ruling Civic Democrtic Party
(ODS) to hold a news conference with Deputy Finance Minister
Ivan Fuksa at 1100 GMT.
Related news: []
PARLIAMENT MEETS: The lower house continues session, which
includes first reading of the Euroepan Lisbon treaty.
Related news: []
================== ELSEWHERE IN NEWS ===========================
OIL RESERVES: The Czech Republic will raise its strategic
reserves of oil and oil products to 120 days of national
consumption from around 95 days after last year's import and
processing interruptions, the industry ministry said on Friday.
Story: [] Related news: []
GOVT PARTY RECOVERS: The Czech Republic's ruling right-wing
Civic Democrats (ODS) sharply narrowed a gap behind the main
leftist opposition party, the Social Democrats (CSSD), a poll
showed on Friday.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008
Czech Equities <> 1,516.9 1,496.8 +1.34 -16.43
vs Euro A21<EURCZK=> 25.525 25.525 +0.00 +3.82
vs Dollar <CZK=> 16.342 16.342 +0.00 +11.19
U.S. Equities <> 12,549 12,361 +1.52 -5.40
Pvs close or current levels vs prior domestic close at 1500
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
======================= PRESS DIGEST ===========================
TAX CUTS: The Czech finance ministry is proposing to lower
tax burden for individuals next year by either cutting the
income tax to 12.5 percent from 15 percent or by reducing social
system contributions to 11.5 percent from 12.5 percent.
Hospodarske Noviny, page 1
U.S. RADAR BASE: The Czechs could sign a contract to site a
U.S. radar base at their soil on May 5, Czech and U.S. diplomats
said.
Hospodarske Noviny, page 1
AIRPORT SALE: The Czech government should sell up to 100
percent stake in the Prague Airport operator to maximise
privatisation revenues, according to the state's adviser Credit
Suisse <CSGN.VX>. The bank's estimates value the company at up
to 2.8 billion euros ($4.32 billion).
Euro, page 14
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:
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News editor of the day: Jan Lopatka on +420 224 190 477;
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E-mail: prague.newsroom@reuters.com
(Compiled by Martin Dokoupil)