Czech Republic - Factors To Watch on Dec 8

                                
 PRAGUE, Dec 8 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Wednesday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 1 hours)

=========================ECONOMIC DATA=========================
                                
 November unemployment data at 0800 GMT.
                                
 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 - 5-year government bond auction <CZ1002737=>.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PRAGUE - Czech trade unions (CMKOS) hold public sector
strike against the government austerity measures. The unions
expect about 100,000 public sector workers to join.
                                
 Related news: [RTRS-LEN-CZ-JOB]
============================TOP NEWS==========================
                                
 CZECHS COULD LEND TO IMF: The Czech Republic could lend to
the International Monetary Fund (IMF) to help fund any rescue of
indebted euro zone countries but will not give extra cash, the
country's finance minister was quoted as saying on Tuesday.
                                
 Story: [ID:nLDE6B61JU] Related news: [RTRS-LEN-CZ-EZ]
                                
 
                                
 OUTPUT, RETAIL SALES POOR, TRADE SOLID: Czech industrial
output rose below forecast in October and retail sales lagged
expectations, while exports and the trade balance beat
forecasts, data showed on Tuesday.
                                
 Story: [ID:nLDE6B608H] Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 ORCO SELLS PRAGUE ASSETS: Orco Property Group <ORCO.PA> sold
two office buildings and a stretch of land in Czech capital
Prague for a total of 30.7 million euros, the developer of real
estate properties in central and eastern Europe said on Tuesday.
                                
 Story: [ID:nLDE6B608H] Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 CEZ SIGNS LOAN DEAL: Czech power group CEZ <CEZPsp.PR> said
on Tuesday its Turkish unit AKCEZ and a company SEDAS signed a $
325 million loan agreement with EBRD, World Bank's International
Finance Corporation and UniCredit.
                                
 Story: [ID:nLDE6B6076] Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 CEE MARKETS: The forint outperformed its central European
peers on Tuesday as a stronger euro and the approval of
Hungary's 2011 budget framework helped it to recover from
Monday's sovereign downgrade by Moody's.
                                
 Story: [ID:nLDE6B60K0] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech day ahead and Cal '11 power eased off
multi-month highs on Tuesday as temperatures rose and wind
generation in the region was expected to remain low, traders
said. 
                                
 Story: [ID:nLDE6B61OU] Related news: [RTRS-LEN-CZ-DRV]
 ==========================PRESS DIGEST=========================
                                
 PRIME MINISTER REPORTEDLY THREATENED TO RESIGN: Prime
Minister Petr Necas threatened to resign if the cabinet approves
the so-called eco-tender, which is to pick a company to clean up
ecological damage and is estimated to be worth around 100
billion crowns ($5.27 billion). The paper quoted unnamed sources
as saying Necas said that to his party leadership. Necas
declined to comment but did not deny it. Necas reportedly fears
the tender is doubtful and could damage the cabinet's
credibility.
                                
 Lidove Noviny, page 1
                                
 
                                
 PENSION REFORM VERSUS GOVERNMENT DEBT: The European
Commission will make it possible for the bloc's countries to
exclude one-off costs linked with reforming their pension system
from the state budget, Finance Minister Miroslav Kalousek said
without giving more details.
                                
 Hospodarske Noviny, page 15
                                
 
                                
 CME BUYS BACK DEBT: Broadcaster CME <CETV.O> bought back $
237 million in bonds issued by Czech unit CET 21 in October.
                                
 Hospodarske Noviny, page 23
                                
 
                                
 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