Czech Republic - Factors To Watch on Aug 25

                                
 PRAGUE, Aug 25 (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 CEE currencies............................[CEE/]
                                
 
=========================EVENTS==============================
                                
 PRAGUE - The Czech cabinet to hold a session (0700 GMT)
(www.vlada.cz/en/default.htm). News conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 LUXEMBURG - ECM Real Estate Investments <ECMPsp.PR> to
release second quarter results after markets hours. Investors
conference call at 1430 GMT.
                                
 Related news: [RTRS-LEN-CZ-RES]
=========================TOP NEWS===============================
                                
 
                                
 CEE MARKETS: The forint bounced back from three-week lows on
Tuesday, but stayed down on the day as the yield at a Hungarian
bill auction rose after the central bank warned about faster
inflation and slower recovery. 
                                
 Story: [ID:nLDE67N0GA]  Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEPS EYES LOAN FOR UPGRADES: Czech grid operator CEPS plans
to borrow an initial 2.5 billion Czech crowns ($126.6 million)
to help fund a major investment to strengthen the transmission
system and to ensure security of supply, a grid spokeswoman said
on Tuesday.
                                
 Story: [ID:nLDE67N0LM]  Related news: [RTRS-LEN-CZ-ENR]
                                
 
                                
 CEE POWER: Lower-than-forecast wind supported day ahead
Czech power prices on Tuesday while worries about the economic
outlook -- and future energy demand -- pushed the Cal '11
contract lower, traders said.
                                
 Story: [ID:nLDE67N1LS]  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=>     24,871     24,858    -0,05       5,5
 vs Dollar     <CZK=>     19,637     19,6    -0,19      -6,86
 Czech Equities <.PX>  1,152,3    1,152,3       -2,36       3,13
 U.S. Equities <.DJI> 10,040,45  10,174,41     -1,32      -3,72
 Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
                                
 POWER PRICES: Electricity prices for households will rise by
15.2 percent and for companies by up to 25 percent, the paper
calculated based on industry and trade ministry data. The rise
comes mainly from a rise in the renewable resources subsidy.
                                
 Hospodarske Noviny, page 1
 
                                
 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>

                                
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