PRAGUE, March 30 (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.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
============================TOP NEWS===========================
PRAGUE - European Banking and Financial Forum "World
Finances on the Threshold of the Asian Era" (www.ebff.cz) to
continue (0645 GMT).
Related news: []
PRAGUE - Czech Energy Congress "Clean and Secured Energy"
(www.business-forum.cz) to continue (0700 GMT).
Related news: []
PRAGUE - Used car dealer AAA Auto<> to release 2010
results. News conference at 0730 GMT.
Related news: []
PRAGUE - The Czech cabinet to hold a session
(www.vlada.cz/en/default.htm). News conference to follow.
Related news: []
============================TOP NEWS===========================
TELEFONICA O2: The Czech anti-monopoly office has opened a
case against Telefonica O2 Czech Republic <> for abuse
of its dominant position in the form of a margin squeeze, the
telecom said on Wednesday.
Story: [] Related news: []
PMCR DIVIDEND: Cigarette maker Philip Morris Czech Republic
<> said on Tuesday it proposed to a pay a 60 percent
higher dividend than a year ago, pushing shares to a 2-1/2 month
high.
Story: [] Related news: []
SAZKA: A district court placed Czech lottery company Sazka
into insolvency and called a meeting of its main creditors for
May 26, the court said on Tuesday.
Story: [] Related news: []
POWER INTEGRATION: Poland's largest energy bourse PolPX and
Czech market operator OTE are in talks about joining their power
markets, the chief of the Polish bourse Grzegorz Onichimowski
said on Tuesday.
Story: [] Related news: []
BEER TRADEMARK: A European Union court must review its
decision to ban Anheuser-Busch InBev <ABI.BR> from using the
"Bud" trademark in the European Union after mistakes in the
ruling, the EU's top court ruled on Tuesday.
Story: [] Related news: []
CEE MARKETS: Central Europe's currencies were mixed on
Tuesday, with Hungary's forint falling to a five-day low after
the country's central bank left rates on hold on Monday and the
Polish zloty flat but supported by rate hike expectations and
news of planned privatisations.
Story: [] Related news: []
CEE POWER: Czech day-ahead prices slumped on Tuesday due to
a big jump in solar generation in peak hours while electricity
for 2012 delivery steadied after hitting a more than two-year
high a day earlier, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2011
vs Euro <EURCZK=> 24.502 24.525 0.09 1.99
vs Dollar <CZK=> 17.407 17.437 0.17 6.75
Czech Equities <> 1,258.8 1,258.8 0.11 2.78
U.S. Equities <> 12,279.01 12,197.88 0.67 6.06
Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST=========================
CEZ NUCLEAR: CEZ <> CEO Martin Roman said every
shut nuclear power plant in Europe will show up in the
electricity price, and that higher prices would cut
competitiveness of European business.
Roman said the company was accelerating sales due to the
power price rise but it would not really show in results until
2013.
He said Germany would need to import more power if it were
to begin shutting down nuclear power plants. In an interview, he
said the debate on nuclear power in Europe should not go to the
extreme, and should be seen through the eyes of experts.
Hospodarske Noviny, page 1, 16-17
CARGO BONDS: State-owned CD Cargo plans to issue bonds worth
2 billion to 3 billion czech crowns ($172.2 million) in the
coming months.
Mlada Fronta Dnes, page C4
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
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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>
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