Czech Republic - Factors To Watch on Oct 22

                                
 PRAGUE, Oct 22 (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 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=============================
                                
 Until FRIDAY, October 31
                                
 PRAGUE - The lower house of parliament to continue a
session. First reading of the 2009 state budget draft continues.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - The lower house of parliament will hold a vote of
no-confidence initiated by the leftist opposition (0700 GMT).
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - Finance Ministry should set the coupon for a new
8-year benchmark government bond <CZ1002331=>.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PRAGUE - 8-year new floating government bond auction
<CZ1002331=>.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PRAGUE - Drug maker Zentiva <ZNTVsp.PR> to release Q3
revenues.
                                
 Related news: [RTRS-LEN-CZ-RES]

                                
 PRAGUE - Conference "Operation in Energy Markets in the
Czech and Slovak Republics" with Deputy Industry and Trade
Minister Tomas Huener (0700 GMT) and Energy Regulatory Office
(ERU) Chairman Josef Firt (0800 GMT).
                                
 Related news: [RTRS-LEN-CZ-POL]
========================= TOP NEWS ============================
                                
 CZECH PARL REJECTS BUDGET OUTLINE: The Czech lower house
dealt a blow to the minority centre-right government on Tuesday,
rejecting the outline of the 2009 central state budget.
                                
 Story: [ID:nLL519800] Related news: [RTRS-LEN-CZ-POL]

                                
 CEZ SEES PROFIT GROWING: Czech power firm CEZ <CEZPsp.PR>
expects its profits to continue rising at a double-digit pace
next year and in 2010 on the back of higher electricity prices
and still strong demand, sales chief Alan Svoboda said.
                                
 Story: [ID:nLL692120] Related news: [RTRS-LEN-CZ-ELG]
                                
 
                                
 ZENTIVA SALES SEEN 7 PCT UP: Czech generics maker Zentiva
<ZNTVsp.PR> is seen to post a 7 percent year-on-year rise in the
third quarter revenue, after a recovery in Romania offset a
slowdown on the Czech market, a Reuters survey showed.
                                
 Story: [ID:nLL261875] Related news: [RTRS-LEN-CZ-RES]

                                
 CEZ SAYS WILL ASK FOR NUKE PLANT ASSESSMENT: Czech power
firm CEZ <CEZPsp.PR> will file for an environmental impact
assessment (EIA) of a new unit at its Dukovany nuclear power
station in weeks, CEZ sales chief Alan Svoboda said.
                                
 Story: [ID:nLL272840] Related news: [RTRS-LEN-CZ-NUC]

                                
 ECM ADIVSES NO SHAREHOLDERS ACTION ON BID: Czech developer
ECM Real Estate Investments <ECMPsp.PR> advised its shareholders
not to take any action yet on a 303 crown ($15.91) per share bid
from its largest shareholder, it said.
                                
 Story: [ID:nLL192259] Related news: [RTRS-LEN-CZ-REA]
                                
 
                                
 HUNGARY'S FORINT UNDER MORE PRESSURE: Hungary's forint
extended losses to the euro on Tuesday, weighing on its regional
peers, as recent measures to shore up slumping Hungarian markets
failed to assuage concerns over the country's financial health.
                                
 Story: [ID:nLL723790] Related news: [RTRS-LEN-CZ-FRX]
                                
 
 ========================= OTHER NEWS ==========================
                                
 CME COMPLETES BUYOUT: Broadcaster Central European Media
Enterprises <CETVsp.PR> <CETV.O> said it completed the buyout of
minority shareholders in its Ukrainian unit Studio 1+1 and now
holds a 100 percent stake in the TV station.
                                
  Related news: [RTRS-LEN-CZ-MRG]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 0,887.9  0,864.2   +2.74        -51.08
 vs Euro     <EURCZK=>  25.580   25.430   -0.59         +3.60
 vs Dollar      <CZK=>  19.502   19.254   -1.23         -6.79
 U.S. Equities  <.DJI>  09,034   09,265   -2.49        -31.89
 Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST ===========================
                                
 GOVT TO WIN NO-CONFIDENCE: The Czech cabinet is likely to
win today's no-confidence vote as the opposition will not be
able to get all 101 votes needed to topple it.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 RENEGADE TO SUPPORT GOVT: An independent MP Juraj Raninec,
who left the governing party Civic Democrats caucus, said the
government should survive today's no-confidence vote. He said he
cannot vote against the government when there is no plan B of
what should follow.
                                
 Hospodarske Noviny, page 1 and Lidove Noviny, page 3

                                
 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)