PRAGUE, Oct 19 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Tuesday.
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PRAGUE - The security council holds a session (0900 GMT). Temelin nuclear power plant on agenda; decision on potential tender delay would be announced after meeting. News conference at 1000 GMT.
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TEMELIN: CEZ <
> will likely choose a supplier in 2013 for expanding its Temelin nuclear power plant, about a one year delay from the original timetable, the country's ambassador for energy security said on Monday.Story: [
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C.BANKER REZABEK: Czech central banker Pavel Rezabek said on Monday that the crown's appreciation was not a good thing but reiterated that interest rates needed to remain stable until economic recovery was on a firmer footing.
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COALITION: Three Czech parties that have pursued austerity policies in a coalition government have lost majority public support for the first time since the May general election, a poll showed on Monday.
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CEE MARKETS: The forint fell to its lowest so far this month on Monday as a long-awaited economic plan unveiled by Hungary failed to remove worries about lagging growth and deep fiscal imbalances.
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CEE POWER: Cold weather helped support Czech spot power prices near a year high on Monday but the contract eased as higher wind generation was forecast for the region, traders said.
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] Related news: [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010 vs Euro <EURCZK=> 24.47 24.669 0.81 7.02 vs Dollar <CZK=> 17.593 18.777 6.31 4.27 Czech Equities <
> 1,133.6 1,133.6 -0.74 1.46 U.S. Equities < > 11,143.69 11,062.78 0.73 6.86 Pvs close or current levels vs prior domestic close at 1500 GMT =========================PRESS DIGEST==========================EU OVERSIGHT: Central bank Vice-Governor Mojmir Hampl said planned European banking sector oversight is flawed by taking an EU-wide view while decisions will have a local impact. For example, decisions that are good for parent banks could be bad for their local subsidaries.
Hospodarske Noviny, page 17
SOLAR TAX: The state is considering a 26 percent tax on solar plants of at least 30 kW connected to the grid in 2009-10. The tax would compensate distributors that are obliged to pay the higher rate on solar power.
Mlada Fronta Dnes, page C1
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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