Czech Republic - Factors To Watch on Sept 16

                                
 PRAGUE, Sept 16 (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 - President Vaclav Klaus to meet the leader of the
Social Democrats Jiri Paroubek to debate the next steps after
the leftist party torpedoed November early election.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 BRNO - Nuclear power conference (0800 GMT).
                                
 Related news: [RTRS-LEN-CZ-NUC]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a session. Debate on
savings package to cut the 2010 budget deficit on the schedule.
News conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - 3-year government bond auction <CZ1002505=>
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PRAGUE - Central bank governing board to hold a regular
weekly meeting. It is not scheduled to discuss monetary policy
issues.
                                
 Related news: [RTRS-LEN-CZ-POL]
==========================TOP NEWS============================
                                
 ELECTION COMPLICATIONS: Czech leftist parties torpedoed
chances of a November early election on Tuesday, deepening
uncertainty over eroding state finances that the caretaker
cabinet warned could eventually cause a meltdown.
                                
 Story: [ID:nLF374826] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 BUDGET FACTBOX: Leftist Czech parties pulled the plug on an
early election planned for November on Tuesday, putting the
interim cabinet in charge of pushing through the 2010 budget.
                                
 Story: [ID:nLF518834] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 BORROWING: The Czech government will have to ask parliament
for a quick approval to raise state borrowing ceilings this year
by 10 billion crowns ($574.7 million) due to the growing debt
servicing, Finance Minister Eduard Janota said on Tuesday.
                                
Story: [ID:nPRG003621] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PPI: Czech industrial producer prices unexpectedly edged up
0.2 percent in August from July, but their annual decline
deepened to 5.1 percent, data showed on Tuesday.
                                
 Story: [ID:nLF491868] Related news: [RTRS-LEN-CZ-MCE]
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>  1133,5    1133,5    -0,01       32,08
vs Euro   <EURCZK=>    25,368    25,39      0,09       5,18
vs Dollar    <CZK=>    17,27     17,323     0,31       9,65
 U.S. Equities <.DJI>  9683,41   9626,8     0,59      10,33
 Pvs close or current levels vs prior domestic close at 1600
==========================PRESS DIGEST========================
                                
 CZECH AIRLINES: Airline CSA employees may receive the
loss-making air carrier's shares in exchange for agreeing with
wage cuts.
                                
 Hospodarske Noviny, page 20
                                
 
                                
 CEZ NUCLEAR CONTRACT: Prime Minister Jan Fischer wants all
information about a company which won a CEZ <CEZPsp.PR> contract
to build a nuclear fuel deposit but has unclear owners and
offers double the cost of what similar facilities cost in
Germany.
                                
 Mlada fronta Dnes, page B3
                                
 
                                
 KLAUS WILL VISIT RUSSIA: Czech President Vaclav Klaus plans
a trip to Russia aimed to debate economic relations between the
Czech Republic and Russia. Russia's Atomstroyexport wants to
build two new reactors with a total output of 1,500 megawatts at
a CEZ <CEZPsp.PR> nuclear plant Temelin. Atomstroyexport's
nuclear unit Tvel wants to build a nuclear fuel plant in the
Czech Republic.
                                
 E15, page 4
                                
 
                                
 POLLS: A STEM poll found the leading leftist party the
Social Democrats have the strongest backing of voters with 32.2
percent. The rightist Civic Democrats would win 25.8 percent of
votes. New conservative party TOP 09 was the third most popular
party with 10.4 percent, ahead of the Communists who would win
10.2 percent of voters.
                                
 Pravo, 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    [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 Jana Mlcochova)