Czech Republic - Factors To Watch on Oct 26

                                
 PRAGUE, Oct 26 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 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/]

===========================EVENTS==============================
                                
 PRAGUE - The Czech cabinet to hold a session, to decide on
privatisation of Czech Airlines (CSA). News conference at 1230
GMT.
                                
 Related news: [RTRS-LEN-CZ-MRG]
                                
 
==========================TOP NEWS============================
                                
 
                                
 CME EARNINGS POLL: Broadcaster CME <CETV.O> <CETVsp.PR> is
seen to post a $10 million loss before interest, tax,
depreciation and amortisation (EBITDA) in the third quarter, as
the economic crisis pushed down advertising revenue, a Reuters
poll showed on Friday.
                                
 Story [ID:nLN380382]  Related news: [RTRS-LEN-CZ-RESF]
                                
 
                                
 GERMAN DEAL FOR CEZ: Czech utility CEZ <CEZPsp.PR> filed a
bid for a 100 percent stake of German rival GESO, owned by EnBW
<EBKG.DE>, CEZ said on Friday in a statement filed to the Warsaw
stock exchange.
                                
 Story [ID:nLN662298]  Related news: [RTRS-LEN-CZ-RESF]

                                
 JOE BIDEN: The Czech Republic is ready to participate in a
new U.S. defence plan aimed to protect Europe from short and
medium-range missiles, Prime Minister Jan Fischer said after
meeting U.S. Vice President Joe Biden on Friday.
                                
 Story [ID:nLN410430]  Related news: [RTRS-LEN-CZ-DEF]
 
                                
 LISBON: Czech President Vaclav Klaus welcomed on Friday a
proposal that would remove his main objection to the EU's Lisbon
Treaty, raising chances the document could enter force after
years of negotiations and setbacks.
                                
 Story [ID:nLN252228]  Related news: [RTRS-LEN-CZ-DIP]
  
                                
 BUDGET: The Czech parliament approved the 2010 budget in the
first out of three readings on Friday, locking in a smaller
budget gap than this year thanks to tax hikes and spending cuts
adopted to protect the country's safe financing position.
                                
 Story [ID:nLN179609]  Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 UNIPETROL: Czech oil processing group Unipetrol <UNPEsp.PR>
expects to post a better third-quarter operating result than
losses seen in the first and second quarter of this year, the
company said on Friday.
                                
 Story [ID:nPRG003727]  Related news: [RTRS-LEN-CZ-RES]
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>   1175,2   1175,2    2,08       36,94
vs Euro   <EURCZK=>     25,908   25,896    -0,05      3,16
vs Dollar    <CZK=>     17,233   17,266    0,19       9,84
 U.S. Equities <.DJI>   9972,18  10081,31  -1,08      13,63
 Pvs close or current levels vs prior domestic close at 1600
==========================PRESS DIGEST========================
                                
 CSA SALE: The government will probably not sell the
loss-making air carrier to the only bidder, a consortium of
Unimex and Travel Service, the daily reports citing unnamed
sources. It considers the bid problematic. The bidder offers 1
billion crown ($57.80 million), but requires that CSA base
capital equals zero, which would required the government to
inject in the airline some 700 million crowns.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 SHELL'S CZECH STAKE: Czech state-run oil pipeline operator
MERO and refinery Unipetrol <UNPEsp.PR> will both bid for a 16.3
percent stake in Ceska Rafinerska owned by oil group Royal Dutch
Shell <RDSa.L>. A MERO sources told the daily due diligence in
Ceska Rafinerska should end this week. The stake is valued at 4
billion crowns.
                                
 Hospodarske Noviny, page 1

                                
 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>

                                
 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 Jana Mlcochova)