PRAGUE, June 3 (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 CEE currencies............................[]
==========================EVENTS==============================
PRAGUE - President Vaclav Klaus to meet Civic Democrat
leader Petr Necas (0800 GMT).
PRAGUE - Representatives of the cabinet, employers and
labour unions to hold a meeting. News briefing at 0900 GMT
Related news: []
PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
Related news: []
PRAGUE - Power firm CEZ <> to hold a news
conference on start of selling gas to household customers (0800
GMT).
Related news: []
PRAGUE - 39-week T-bill auction.
Related news: []
==========================TOP NEWS============================
SINGER ON RATES: No event since the last Czech central bank
policy meeting has provided a reason to change interest rates
and it is becoming more and more difficult for the board to cut,
a top central banker said on Wednesday.
Story: [] Related News []
CLOSER TO COALITION: Three Czech centre-right parties formed
joint teams on Wednesday to hammer out policies for a coalition
government, but clashes were likely in several areas and the
probable prime minister said a deal would take weeks.
Story: [] Related News []
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For a Take a Look on the Czech Parliamentary Elections,
click on: []
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CEE MARKETS: Emerging Europe's currencies slipped on
Wednesday, with Czech markets in wait-and-see mode as coalition
talks continued after a centre-right victory in weekend
elections.
Story: [] Related News []
CEE POWER: Czech spot power prices tumbled on Wednesday as
temperatures were expected to warm and forecasters predicted
more wind capacity in the region, while futures rose as gas
ticked up, traders said.
Story: [] Related News []
FLOODS: Heavy rains triggered new floods in central Europe
on Wednesday, killing at least two people in the Czech Republic
and forcing thousands from their homes in Slovakia and Hungary.
Story: [] Related News []
CEZ IN POLAND: Czech power group CEZ <>, central
Europe's biggest utility, has launched a tender for the
construction of a 400 megawatt gas-fired unit at its Elektrownia
Skawina plant in Poland, it said on Wednesday.
Story: [] Related News []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
Czech Equities <> -- 1159 0.42 3.73
vs Euro <EURCZK=> 25.697 25.825 0.5 2.36
vs Dollar <CZK=> 20.855 21.165 1.46 -13.48
U.S. Equities <> 10249.54 10024.02 2.25 -1.71
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST==========================
PENSION REFORM: According to drafts of the Bezdek pension
reform commission, a proposal would be lowering the 28 percent
tax rate to 23 percent and adding a 3 percent rate that would go
toward private accounts. The proposal counts on also leveling
the VAT rate at 19 percent.
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
[]
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:
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E-mail: prague.newsroom@reuters.com
