Czech Republic - Factors To Watch on Nov 19

                                
 PRAGUE, Nov 19 (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 ========================
                                
 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 Czech currency.............................[CZK/]
======================== EVENTS ===============================
                                
 PRAGUE - 8-year government bond auction <CZ1002331=>.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a regular session, to
discuss amendment to the capital market act, health issues. News
conference to follow (1200 GMT).
                                
 Related news: [RTRS-LEN-CZ-CEN]
========================== TOP NEWS ============================
                                
 SLOVAK C.BANK CHIEF: WIDER FISCAL GAP OK: The global
financial crisis may cause deeper budget gaps in Slovakia in the
coming years, and a fiscal deficit slightly above the target
next year would be acceptable, central bank Governor Ivan Sramko
said.
                                
 Story: [ID:nLI607629] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 EURO ZONE ENTRY: Czech authorities will likely debate
setting a euro adoption date next year, central bank chief
Zdenek Tuma said. 
                                
 Story: [ID:nLI568520] Related news: [RTRS-LEN-CZ-EUR]
                                
 
                                
 NWR Q3 EBIT SEEN UP: Operating profit at Czech mining group
New World Resources (NWR) <NWRS.L> <NWRSsp.PR> is seen to have
more than tripled in the third-quarter on higher coal prices, a
Reuters poll showed.
                                
 Story: [ID:nLI385772] Related news: [RTRS-LEN-CZ-RESF]
                                
 
                                
 OPPOSITION EXTENDS LEAD: The Czech Republic's main
opposition party, the leftist Social Democrats, extended their
lead over the ruling right-wing group this month, an opinion
poll showed.
                                
 Story: [ID:nLI334510] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 ORCO CEO CUTS STAKE: Orco Property Group's <ORCOsp.PR>
<ORCO.PA> chief executive said on Tuesday his investment vehicle
Ott & Co. has reduced its stake in the property developer to 1.6
percent from around 10 percent.
                                
 Story: [ID:nWLB3983] Related news: [RTRS-LEN-CZ-MRG]

                                
 ECM RECOMMENDS BID: Czech developer ECM Real Estate
Investments <ECMPsp.PR> advised shareholders on Tuesday to
accept a 303 crowns ($15.05) per share takeover bid from its
largest shareholder.
                                
 Story: [ID:nLI353716] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 RETAIL SALES UP: Czech retail sales rose more than expected
by 5.9 percent year-on-year in September, after a drop
of 3.3  percent in August, data showed. 
                                
 Story: [ID:nLI675819] Related news: [RTRS-LEN-CZ-ECI]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 vs Euro     <EURCZK=>  25.800   25.650   -0.58         +2.71
 vs Dollar      <CZK=>  20.365   20.257   -0.51        -10.76
 U.S. Equities  <.DJI>  08,425   08,274   +1.83        -36.49
 Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST ===========================
                                
 ORCO: Developer Orco Property Group <ORCOsp.PR> <ORCO.PA>
will go ahead with plans to build its largest project Bubny
despite management changes in shareholding, Vice President Ales
Vobruba said.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 GERMAN GRID SALE: Czech operator of transmission network
CEPS is interested in buying Vattenfall's [VATN.UL] power grid
in Germany. Other bidders include investors close to Deutsche
Bank <DBKGn.DE> and private equity firm Kohlberg Kravis Roberts
[KKR.UL], among others.
                                
 Mlada fronta Dnes, page B3
                                
    
                                
 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
 (Compiled by Jana Mlcochova)