PRAGUE, April 28 (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 + 2 hour)
======================== ECONOMIC DATA ========================
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies.............................[]
============================EVENTS==============================
LONDON - Coal mining firm New World Resources (NWR) <NWRS.L>
<NWRSsp.PR> to hold an annual shareholders' meeting.
Related news: []
PRAGUE - Telecoms operator Telefonica O2 Czech Republic
<>, a unit of Spain's Telefonica <TEF.MC>, should
release firts quarter results.
Related news: []
PRAGUE - Czech Prime Minister Mirek Topolanek to meet his
Albanian counterpart Sali Berisha. Albania will apply for
candidacy to the EU. News conference at 0955 GMT.
Related news: []
PRAGUE - European Union's conference "Building Migration
Partnerships". News conference at 1030 GMT.
Related news: []
PRAGUE - EU Troika - US Justice and Home Affairs Ministerial
Meeting. The fight against terrorism, visa policy and border
protection and child protection on the schedule. News conference
at 1630 GMT.
Related news: []
========================TOP NEWS===============================
FX: Poland's fading euro hopes and signs of a deeper
economic slowdown weakened the zloty by around 2 percent on
Monday, while worries over North America's swine flu outbreak
rattled investors who cut risk.
Story: [] Related news: []
ORCO: Troubled real estate developer Orco Property Group
<ORCO.PA> <> will focus on debt restructuring while
under protection from creditors and aims to avoid a fire sale of
assets, its chief executive said.
Story: [] Related news: []
ALBANIA: Albania will apply to join the European Union on
Tuesday, 18 years after toppling its isolationist Stalinist
dictatorship, Prime Minister Sali Berisha told a news
conference.
Story: [] Related news: []
========================OTHER NEWS============================
TELEFONICA RECOMMENDATION: JP Morgan cut Telefonica O2 Czech
Republic <> price target to 450 Czech crowns, rating
underweight
Related news: []
TELEFONICA EARNINGS POLL: Telecoms group Telefonica O2 Czech
Republic <> is expected to post a 12 percent rise in
first-quarter net profit, gaining from a real-estate sale and a
drop in tax and depreciation, a Reuters poll showed.
Story: [] Related news: []
ERSTE EARNINGS POLL: Austria's Erste Group Bank <ERST.VI>,
emerging Europe's No.3 lender, is expected to report a 46
percent drop in net profit as loan loss provisions soar, a
Reuters poll of analysts showed.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008
Czech Equities <> 0,000.0 0,824.0 +0.00 n/a
vs Euro <EURCZK=> 26.740 26.755 +0.06 -0.90
vs Dollar <CZK=> 20.545 20.316 -1.00 -11.46
U.S. Equities <> 08,025 08,076 -0.64 -39.50
Pvs close or current levels vs prior domestic close at 1500
==========================PRESS DIGEST=========================
GAZPROM: Head of Gazprom <GAZP.MM> export arm Sergei Komlev
said he expected the Nord Stream gas pipeline to be completed in
2011 and cost 7.4 billion euros. South Stream should cost some
10 billion euros and Gazprom is in talks with Austria and
Slovenia to get their agreement for the pipeline to run through
their territories.
Hospodarske Noviny, page 20
ANTI-CRISIS MEASURES: The cabinet approved measures aimed to
boost lending to exporters, allowing banks to receive state
subsidies to provide cheaper loans to companies.
E15, page 2
CEZ: Only one in a thousand of CEZ <> customers
have taken the offer to lock in electricity prices for the next
year.
Hospodarske Noviny, page 17
PPF DEAL IN RUSSIA: Czech investment group PPF will take a
majority stake in Russian electronic retailer Eldorado for $300
million. Eldorado's annual turnover is some $5 billion.
Hospodarske Noviny, page 21
SWINE FLU: One person in a Prague hospital is tested for
swine flu.
E15, page 7
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: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
E-mail: prague.newsroom@reuters.com
(Compiled by Jana Mlcochova)
