Czech Republic - Factors To Watch on Sept 10

                                
 PRAGUE, Sept 10 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Friday.
                                
 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 - Telecoms operator Telefonica O2 Czech Republic
<SPTTsp.PR>, a unit of Spain's Telefonica <TEF.MC>, to hold an
extraordinary shareholders' meeting.
                                
 Related news: [RTRS-LEN-CZ-PHON]
 ===========================TOP NEWS============================
                                
 C.BANKER SAYS CROWN FIRMING TREND TO EASE: The Czech crown
currency's appreciation trend will likely be slower in the
future, central bank board member Robert Holman said on
Thursday.
                                
 Story: [ID:nPRG004363]  Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 C.BANK SAYS FCAST MATERIALISING: Czech consumer inflation
was marginally below the central bank's forecast in August due
to a slower-than-expected growth in regulated prices and
moderately lower net inflation, the bank said on Thursday.
                                
 Story: [ID:nLDE68719J]  Related news: [RTRS-LEN-CZ-INT]
                                
 
                                
 AUG CPI TOUCH BELOW FCAST: Czech consumer prices dipped by
0.3 percent in August from July, putting the annual inflation
rate at 1.9 percent, a touch below market expectations.
                                
 Story: [ID:nLDE68803W]  Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 CEE POWER: Low wind in the region supported Czech spot power
prices on Thursday, driving the contract up more than 3 percent
while contracts further along the curve were slow to trade,
traders said.
                                
 Story: [ID:nLDE6881BI] Related news: [RTRS-LEN-CZ-DRV]

                                
 CEE MARKETS: Hungary's currency and debt markets rose on
Thursday as the country doubled its bond auction sale a day
after the government appeared to back down in a fight with the
European Union over the scale of fiscal tightening.
                                
 Story: [ID:nnLDE6880FC] Related news: [RTRS-LEN-CZ-FRX]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2010
 vs Euro    <EURCZK=>     24.67      24.671    0          6.26
 vs Dollar     <CZK=>     19.461     19.374   -0.45      -5.9
 Czech Equities <.PX>  1,142.8    1,142.8      0.61       2.28
 U.S. Equities <.DJI> 10,415.24  10,387.01     0.27      -0.12
 Pvs close or current levels vs prior domestic close at 1500 GMT

=========================PRESS DIGEST==========================
                                
 DEBT COSTS: Finance Minister Miroslav Kalousek reiterated he
wanted to cut the debt servicing costs by 4 billion crowns
($205.4 million) next year from the expected 78 billion crowns
by issuing more short-term bonds.
                                
 Lidove 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>

                                
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