Czech Republic - Factors To Watch on Jan 12

                                
  PRAGUE, Jan 12 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 1 hour)

=========================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/]
                                
 
=========================TOP NEWS===============================
                                
 CORRUPTION FIGHT: The Czech government approved a plan on
Monday to allow people charged with corruption to avoid jail if
they give evidence against others involved in the graft.
                                
 Story: [ID:nLDE60A1TA] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 CEE MARKETS: The Romanian leu rose to a 10-month high on
Monday on the back of its higher premium to central European
peers, while a Polish move to international debt markets boosted
local bonds. 
                                
 Story: [ID:nLDE60A0I6] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CBANK ON CPI: Higher fuel and regulated prices and a smaller
than expected drop in food prices drove Czech December consumer
prices above the central bank forecast, the bank said on Monday.
                                
 Story: [ID:nPRG003872] Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 CPI IN LINE, JOBLESS UP: Czech consumer prices rose by 0.2
percent in December from the previous month, driven by rising
prices of food and non-alcoholic drinks, exactly in line with
market expectations. 
                                
 Story: [ID:nLDE60A07Z] Related news: [RTRS-LEN-CZ-ECI]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>    --      1182.6    2.19         5.84
 vs Euro    <EURCZK=>  26.182    26.163   -0.07         0.52
 vs Dollar     <CZK=>  18.071    18.026   -0.25         1.67
 U.S. Equities <.DJI>  10663.99  10618.19  0.43         2.26
 Pvs close or current levels vs prior domestic close at 1600

============================PRESS DIGEST========================
                                
 POWER CONSUMPTION: Power group CEZ <CEZPsp.PR> estimated
electricity consumption rose for the first time in 15 months in
December, up by 1.5 percent. For all of 2009, it saw consumption
down 6 percent.
                                
 Mlada Fronta Dnes, page A1
                                
 
                                
 OUTLOOK: The majority of Czech firms expect production to
stay stable or grow by up to 10 percent in 2010, while a tenth
see growth of more than 10 percent and 16 percent expect a
production drop, according to a study by the University of
Economics (VSE).
                                
 Hospodarske Noviny, page 19
                                
 
                                
 ORCO COMPLAINT: An Orco Property Group <ORCOsp.PR>
shareholder filed a complaint against the developer for
foregoing courts in Luxembourg, where it is registered, when
seeking creditor protection.
                                
 Hospodarske Noviny, page 23
                                
  
                                
 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 Jason Hovet)