Czech Republic - Factors To Watch on Dec 1

                                
 PRAGUE, Dec 1 (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=========================
                                
 Purchasing Managers' Index (PMI) for November due out at
0830 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 - The Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - End-November budget balance data at 1300 GMT.
                                
 Related news: [RTRS-LEN-CZ-GVD]
                                
 
============================TOP NEWS==========================
                                
 PENSION PLANS: The Czech labour ministry proposed a switch
to a fund-based pensions system on Tuesday, intensifying debate
on the key reform the centre-right cabinet has pledged to carry
out after winning an election last May.
                                
 Story: [ID:nLDE6AT284] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 NWR'S BOGDANKA BID FAILS: Czech miner New World Resources
<NWRS.L> <NWRSsp.PR> walked away from a 3.43 billion zloty ($1.1
billion) bid for Polish coal group Bogdanka <LWBP.WA> on Tuesday
after failing to win enough shareholder support.
                                
 Story: [ID:nLDE6AT12E] Related news: [RTRS-LEN-CZ-MRG]
                                
 Interview with Bogdanka chief: [ID:nLDE6AT1PM]
                                
 
                                
 CEE MARKETS: The zloty rebounded more than one percent on
Tuesday after strong economic growth last quarter boosted rate
hike expectations, while emerging Europe consolidated some after
Monday's sharp falls.
                                
 Story: [ID:nLDE6AT0NO] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Increased wind capacity helped push down Czech
spot power on Tuesday despite freezing temperatures while
contracts further along the curve declined with other fuels and
carbon, traders said.
                                
 Story: [ID:nLDE6AT1WB] Related news: [RTRS-LEN-CZ-DRV]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2010
 vs Euro    <EURCZK=>     24.923     24.92    -0.01       5.3
 vs Dollar     <CZK=>     19.13      19.14     0.05      -4.1
 Czech Equities <.PX>  1,107.2    1,107.2     -1.05      -0.9
 U.S. Equities <.DJI> 11,006.02  11,052.49    -0.42       5.54
 Pvs close or current levels vs prior domestic close at 1500 GMT
                                
 
=========================PRESS DIGEST==========================
                                
 POWER PRICES: Electricity prices for households will rise
4.6 percent and 5.2 percent for businesses in 2011, the
regulatory office said.
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 PRAGUE MAYOR: Civic Democrat Bohuslav Svoboda was voted by
the city council as Prague mayor after hundreds of protesters had
blocked the proceedings for hours. 
                                
 Protesters were against a coalition agreement between the
Civic Democrats and Social Democrats, which cut the winning
party TOP09 -- a national government coalition partner of the
Civic Democrats -- from an autumn election out of the mayor's
position.
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 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