PRAGUE, April 30 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Thursday:
ALL TIMES GMT (Czech Republic: GMT + 2 hour)
======================== ECONOMIC DATA ========================
March industrial preliminary data.
March money supply data at 0800 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies.............................[]
============================EVENTS==============================
PRAGUE - The lower house of parliament to continue a
session. Constitutional law on shortening electoral term for the
lower house and package of anti-crisis measures on the schedule.
Related news: []
PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
Related news: []
LUXEMBOURG - Developer Orco Property Group <> to
hold an ordinary shareholders' meeting.
Related news: []
======================MORNING NEWS==============================
ERSTE PROFIT DROP BETTER THAN FCAST: Erste Group Bank
<ERST.VI>, emerging Europe's No.3 lender, reported a 26 percent
drop in first-quarter net profit on Thursday, driven down by
soaring risk costs but much better than what analysts expected.
Story: [] Related news: []
========================TOP NEWS===============================
CME'S TOUGHEST QUARTER YET: Central European Media
Enterprises (CME) warned declining advertising spending will
persist in its emerging Europe markets even into early next year
after the broadcaster reported "its toughest quarter" ever.
Story: [] Related news: []
RETURN TO INTL BONDS: The Czech Republic priced a 1.5
billion euro bond on Wednesday and Poland said it was planning
at least a $1 billion dollar issue in what analysts called a
window of opportunity for emerging economies to raise funds.
Story: [] Related news: []
CEE FX GAIN: Emerging European currencies firmed on
Wednesday on the back of a weaker dollar and yen, while the
zloty got a boost from lower forecasts for the scale of
companies' exposure to soured currency options.
Story: [] Related news: []
KOMERCNI CEO STEPPING DOWN: Czech Komercni Banka <>
Chairman and Chief Executive Laurent Goutard will step down as
of Sept. 10 to take a new position within the bank's mother
group of Societe Generale <SOGN.PA> in France, Komercni said.
Story: [] Related news: []
KB DIVIDEND: Shareholders of Komercni Banka <>
approved a 180 crown ($8.92) per share dividend on Wednesday,
unchanged from the previous year, a spokesman said.
Story: [] Related news: []
PHILIP MORRIS CR DIVIDEND: The annual shareholders meeting
of Czech tobacco group Philip Morris CR <> approved a
560 crown ($27.74) per share dividend on Wednesday, Czech news
agency CTK reported.
Story: [] Related news: []
SKODA Q1 SALES DOWN: Carmaker Skoda Auto, the biggest Czech
company and a significant part of the country's key automotive
industry, said sales dropped 29.6 percent in the first quarter.
Story: [] Related news: []
CEZ GAS PLANT: Czech energy group CEZ <> plans to
build a 800 megawatt gas-fired power plant in the Czech
Republic, it said in a release on Wednesday.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 847.6 847.6 +0.00 -100.00
vs Euro <EURCZK=> 26.740 26.740 +0.00 +0.19
vs Dollar <CZK=> 20.024 20.026 -0.10 -4.67
U.S. Equities <> 8,186 8,017 +2.11 -6.73
Pvs close or current levels vs prior domestic close at 1600 GMT
==========================PRESS DIGEST=========================
2010 BUDGET CUTS: Outgoing Finance Minister Miroslav
Kalousek will propose spending cuts for next year of 63 billion
crowns ($3.12 billion) in order to keep the deficit under 150
billion crowns.
E15, page 1
LESS PASSENGERS: Prague Airport passenger numbers fell 18
percent annually in the first quarter to 2.07 million.
E15, page 8
CZECHS RETURN FROM MEXICO: Around 180 Czech travellers will
return on the first plane back from Mexico to Prague airport on
Sunday. Czech laboratories have not confirmed any cases of swine
flu yet.
Hospodarske 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 []
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>
For real-time stock market index quotes click in brackets:
Warsaw WIG20 <> Budapest BUX <> Prague 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)
