PRAGUE, April 29 (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 + 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==============================
PRAGUE - The lower house of parliament to continue a
session. Constitutional law on shortening electoral term for the
lower house and package of anti-crisis measures on the schedule.
Related news: []
PRAGUE - Komercni Banka <> to hold an annual
shareholders' meeting.
Related news: []
KUTNA HORA - Cigarette maker Philip Morris CR <> to
hold an annual shareholders' meeting.
Related news: []
PRAGUE - Finance Ministry to publish quarterly update of its
macroeconomic forecasts on its Website www.mfcr.cz (1200 GMT).
Related news: []
PRAGUE - Czech President Vaclav Klaus to meet his Turkish
counterpart Abdullah Gul. News conference at 1340 GMT.
Related news: []
LITOMERICE, Czech Republic - Transport Ministers Informal
Meeting on obstacles impeding mass implementation of intelligent
transport systems in road transport. News conference at 1500
GMT.
Related news: []
=======================MORNING NEWS=============================
CME: First quarter revenue at Central European Media
Enterprises <CETV.O> <> fell 37 percent to $141.2
million.
Story: [] Related news: []
========================TOP NEWS===============================
EUROBOND LAUNCH: The Czech Republic returned to
international debt markets for the first time in almost a year
with the sale of a 5-1/2 year eurobond on Tuesday, seeking to
build up a cushion for this year's ballooning budget gap.
Story: [] Related news: []
TELEFONICA O2 CR NET BELOW FCAST: Net profit at Telefonica
O2 Czech Republic <> rose a slightly
lower-than-expected 8.6 percent in the first quarter to 2.65
billion crowns ($129.1 million), the company said on Tuesday.
Story: [] Related news: []
CEE FX RALLY LATE: The Polish zloty rallied late on Tuesday
as data improved investors' risk tolerance, allowing the
currency to recoup a small part of its losses caused by doubts
over the country's euro entry plans.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 818.3 818.3 +0.00 n/a
vs Euro <EURCZK=> 26.640 26.640 +0.00 +0.56
vs Dollar <CZK=> 20.167 20.167 -0.03 -5.27
U.S. Equities <> 8,017 8,025 -0.10 -8.65
Pvs close or current levels vs prior domestic close at 1600 GMT
==========================PRESS DIGEST=========================
ROOM TO MANOEUVRE: Signals from the global economy show a
darker outlook for the Czech economy, central bank Vice-Governor
Mojmir Hampl said in an interview, but there is still room to
manoeuvre with interest rates.
He added he was still undecided before the May 7 policy
meeting, and also said keeping low indicators such as inflation
and deficits was a lesson from the global crisis.
E15, page 1
ECON DROP: The Czech economic contraction could be more than
2 percent, central bank Vice-Governor Miroslav Singer said.
Hospodarske Noviny, page 15
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;
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E-mail: prague.newsroom@reuters.com
(Compiled by Jason Hovet)
