Czech Republic - Factors To Watch on Feb 21

                                
 PRAGUE, Feb 21 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday.
                                
 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 CEE currencies............................[CEE/]
=============================EVENTS==========================
                                
 PRAGUE - Czech President Vaclav Klaus to meet his Polish
counterpart Bronislav Komorowski. News conference at 1050 GMT.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 PRAGUE - International Monetary Fund (IMF) to present its
"Concluding statement" for the Czech Republic at 1515 GMT.
                                
 Related news: [RTRS-LEN-CZ-MCE]
                                
 
=============================TOP NEWS===========================
                                
 PENSION REFORM: A pension reform plan agreed by the Czech
centre-right coalition will be finalised by early March and will
not increase the budget deficit, Prime Minister Petr Necas said
on Friday.
                                
 Story: [ID:nLDE71H1B0] Related news: [RTRS-LEN-CZ-GVD]
  * For a FACTBOX on the reforms [ID:nLDE71H1PS]
                                
 
                                
 TELEFONICA O2 CR RESULTS: Net profit at Telefonica O2 Czech
Republic <SPTTsp.PR> fell 30.9 percent to 1.91 billion crowns in
the fourth quarter, below expectations of 2.25 billion.
                                
 Story: [ID:nPRG004734] Related news: [RTRS-LEN-CZ-TEL]
                                
 
                                
 CEE MARKETS: The Czech crown hovered around a one-month low
on Friday while the Polish zloty fell slightly despite solid
industrial output data. 
                                
 Story: [ID:nLDE71H0P9] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech power prices for the next working day fell
slightly on Friday, due to more capacity in the region, but cold
weather was still helping to support near-term contracts,
traders said.
                                
 Story: [ID:nLDE71H1SD] Related news: [RTRS-LEN-CZ-DRV]
                                
 
                                
 CEZ IN TURKEY: Akenerji's shareholders Akkok and Cez
<AKENR.IS> mandate Akenerji to seek   preliminary bids for
company assets.
                                
 Story: [ID:nWEB0219  ] Related news: [RTRS-LEN-CZ-MRG]
                                
 
                                
 TEMELIN PLANS: Czech utility CEZ <CEZPsp.PR> has set the
deadline to complete its Temelin nuclear power plant expansion
at 2025 in a regulatory filing, which a company spokesman said
on Friday did not represent an official target.
                                
 Story: [ID:nLDE71H1FY] Related news: [RTRS-LEN-CZ-ENR]
                                
 
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency    Latest     Prev   Pct change Pct change
                                
                                 close    on day     in 2011
 vs Euro    <EURCZK=>     24.44      24.46    0.08       2.24
 vs Dollar     <CZK=>     17.848     17.94    0.51       4.39
 Czech Equities <.PX>  1,237.2    1,237.2     0.51       1.01
 U.S. Equities <.DJI> 12,391.25  12,318.14    0.59       7.03
 Pvs close or current levels vs prior domestic close at 1500 GMT

==========================PRESS DIGEST=========================
                                
 SAZKA: Investor Radovan Vitek made an 1 billion crown
($56.05 million) offer for 100 percent of indebted lottery group
Sazka.
                                
 Hospodarske Noviny, page 15
                                
 
                                
 FOOD AID: The Czech Republic will reject a food aid request
from North Korea, a deputy foreign minister said.
                                
 Hospodarske Noviny, page 4
                                
 
                                
 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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fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com