PRAGUE, Sept 18 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday.
ALL TIMES GMT (Czech Republic: GMT + 2 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===============================
BRNO - 50th International Engineering Fair
Related news: []
PRAGUE - 39-week T-bill auction.
Related news: []
========================= TOP NEWS ============================
SANOFI GETS APPROVAL FOR ZENTIVA BID: The Czech central bank
(CNB) approved a request by Sanofi-Aventis <SASY.PA> to extend
the French drugmaker's offer for Zentiva <> until
November 28, the CNB said on Thursday.
Story: [] Related news: []
ORCO SAYS NO NEED TO TAP MARKETS: Czech real estate
developer Orco Property Group <ORCO.PA> <> said on
Wednesday it did not need to tap financial markets and
reiterated its 200 million euro asset sales target for this
year.
Story: [] Related news: []
ZAMRAZILOVA TO MISS POLICY MEETING: Czech central bank board
member Eva Zamrazilova will miss the bank's Sept. 25 monetary
policy meeting, the bank said on Wednesday.
Story: [] Related news: []
CZECH MINORITY GOVT LOSES SECOND DEPUTY: The Czech
right-wing ruling party lost a second member of parliament this
week on Wednesday, news agency CTK said, deepening the
government's woes ahead of key policy votes and the country's EU
presidency.
Story: [] Related news: []
WEAKER ECON MAY HURT CZECH 2009 INCOME: Weaker global and
domestic economy may result in slower-than-assumed revenue for
the planned 2009 Czech state budget and require cutting back
some expenditures, Finance Minister Miroslav Kalousek said on
Wednesday.
Story: [] Related news: []
CEZ PLACED 12 BLN YEN BOND: Czech power firm CEZ <>
has privately placed a 30-year, 12 billion Japanese yen ($115.2
million) bond, the company said on Wednesday.
Story: [] Related news: []
CZECH C.BANKER SEES DOWNSIDE RISKS TO CPI: Risks to the
Czech central bank's macroeconomic forecasts are to the downside
due to weakening demand, Czech central bank vice governor
Miroslav Singer said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008
Czech Equities <> 1,187.6 1,167.6 +1.71 -34.57
vs Euro <EURCZK=> 24.110 24.120 +0.02 +9.89
vs Dollar <CZK=> 16.799 16.813 +0.12 +8.20
U.S. Equities <> 10,610 11,059 -4.06 -20.02
Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST===========================
GAZELA GETS GREEN LIGHT: RWE Transgas Net, a unit of
Germany's RWE <RWEG.DE>, won an environmental approval for
construction of the Gazela gas pipeline in the west of the Czech
Republic. The pipeline worth 400 million euros ($568.1 million)
is expected to start operating in 2011.
Hospodarske Noviny, page 21
CME'S NOVA TO LAUNCH NEW CHANNEL: Czech commercial TV
station Nova, a unit of broadcasting group CME <>
<CETV.O>, plans to launch a second channel in the Czech Republic
in the first half of the next year.
Hospodarske Noviny, page 28
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
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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
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(Compiled by Jana Mlcochova)