Czech Republic - Factors To Watch on Sept 11

                                
 PRAGUE, Sept 11 (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 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 Czech currency.............................[CZK/]
                                
 
===========================EVENTS==============================
                                
 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                
Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 PRAGUE - Czech Institute of Directors to organise conference
with Prague Stock Exchange Director Petr Koblic, Czech Institute
of Directors Vratislav Kulhanek (0700 GMT) and Coal mining firm
New World Resources (NWR) <NWRSsp.PR>  Deputy Chairman Zdenek
Bakala (0900 GMT). News conference at 1130 GMT.
                                
 Related news: [RTRS-LEN-CZ-MIN]
                                
 
========================= TOP NEWS ============================
                                
 CZECH COMPANIES SQEEZED BY STRONG CROWN: The strength of the
Czech crown is forcing nearly 30 percent of companies to slash
jobs and consider moving some operations abroad, a survey showed
on Wednesday.    
                                
 Story: [ID:nLA407545] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CZECHS BOOST OIL STORAGE CAPACITY WITH NEW TANKS: The Czech
Republic opened new crude oil storage tanks on Wednesday,
boosting its strategic reserves for cases of supply disruptions
such as a drop in oil flow from Russia in the past months.
                                
 Story: [ID:LA358638] Related news: [RTRS-LEN-CZ-OIL]
                                
 
                                
 CZECH PM SAYS MAY CHANGE LAW IF NEEDED FOR LISBON: The Czech
Republic should amend the country's constitution if a court says
it is needed to ratify the EU's reform treaty, Prime Minister
Mirek Topolanek said on Wednesday.
                                
 Story:[ID:nLA336018] Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 CZECH C.BANK SAYS Q2 GROWTH BELOW FCAST: Czech second
quarter economic growth of 4.6 percent was 0.1 percentage points
below the central bank's forecast, the bank said on Wednesday.
                                
 Story:[ID:nPRA002119] Related news: [RTRS-LEN-CZ-CEN]
                                
 
                                
 CZECHS REVISE GROWTH UP: The Czech Republic's economy
expanded a touch faster than previously thought in the first
half as exports held up but the overall trend remained poor,
pointing to chances of an interest rate cut by the year end.
                                
 Story:[ID:nLA100282] Related news: [RTRS-LEN-CZ-ECI]
                                
 
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,322.0  1,390.4   -4.92        -27.17
 vs Euro     <EURCZK=>  24.520   24.532   +0.05         +8.08
 vs Dollar      <CZK=>  17.540   17.493   -0.19         +3.67
 U.S. Equities  <.DJI>  11,269   11,231   +0.34        -15.05
 Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST=========================== 

                                
 MINING LIMITS: The government agreed yesterday to lift
mining limits for Severoceske Doly mines, a unit of CEZ
<CEZPsp.PR>, enabling the company to extract an additional 32
million tonnes of coal. But it also agreed that Severoceske
along with the other major mines in the region Mostecka Uhelna
will be required to write off 1 billion tonnes of reserves. 
                                
 Mlada fronta Dnes, page B1
                                
 
                                
 CEZ EYES FURTHER EXPANSION: CEZ <CEZPsp.PR> is eyeing
further expansion in central and southeastern Europe and it
considers the Polish market one of its strategic targets, CEZ
chief executive Martin Roman said.
                                
 
                                
 CME PLANS LAUNCH VIDEO SERVER: Broadcaster CME <CETVsp.PR>
plans to launch an Internet video server by the end of the year,
CME's chief executive Michael Garin said.
                                
 Hospodarske Noviny, page 17
 
                                
 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)