PRAGUE, Dec 14 (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 hour)
=========================ECONOMIC DATA=========================
October industrial and construction data at 0800 GMT
October retail sales 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 Czech cabinet to hold a session, to debate the
Finance Ministry report on the Czech Republic's readiness to
adopt the euro and its ability to meet the Maastricht criteria.
News conference to follow.
Related news: []
PRAGUE - Finance Minister Eduard Janota to meet with Prime
Minister Jan Fischer, to debate his possible resignation.
Related news: []
============================TOP NEWS============================
BUDGET: The Czech central state budget deficit may jump to
around 200 billion crowns this year, above previous forecasts
and five times the original target, Finance Minister Eduard
Janota said on Sunday.
Story: [] Related news: []
POLL ON RATES: The Czech central bank will likely stay put
when it meets on rates next Wednesday, despite calls for more
easing, as signs of rising price pressures offset concerns of a
protracted economic weakness, a Reuters poll showed on Friday.
Story: [] Related news: []
SKODA: Volkswagen <VOWG.DE> unit Skoda Auto will cut
production of its small-model cars to start 2010, the Czech
carmaker's union said in a weekly newsletter.
Story: [] Related news: []
CZECH TELEFONICA: Telefonica O2 Czech Republic <>
won a court decision that relieves it from a 1 billion crown
($57.18 million) fine for harming competition, its chief
investor relations officer said on Friday.
Story: [] Related news: []
CEE MARKETS: Central European currencies were mixed on
Friday, as hopes for global recovery triggered by strong U.S.
retail figures mingled with fiscal concerns in the region and
the periphery of the euro zone.
Story: [] Related news: []
C/A: The Czech current account showed a 12.41 billion crown
($709.5 million) surplus in October, defying market expectations
for an 11.0 billion crown deficit, data showed on Friday.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2009
Czech Equities <> 1110 1110 0,82 29,34
vs Euro <EURCZK=> 25,726 25,774 0,19 3,84
vs Dollar <CZK=> 17,526 17,593 0,38 8,31
U.S. Equities <> 10471,5 10405,83 0,63 19,31
Pvs close or current levels vs prior domestic close at 1600
==========================PRESS DIGEST========================
BONDS: The Finance Ministry may repeat a Swiss franc bond
issue in 2010, the weekly reports, giving no further details and
citing unnamed sources.
Euro, page 14
HSBC: Bank HSBC <HSBA.L> will end retail banking services in
the Czech Republic and focus on corporate banking only.
E15, page 18
REFINING: Unipetrol's <> unit Ceska Rafinerska gave
a three-month notice for ending its contract with state-run oil
pipeline operator Mero. Ceska Rafinerska wants to negotiate new
terms with Mero which will better reflect the environment in
Europe and costs linked with providing services, a Ceska
Rafinerska spokesman said.
Pravo, page 14
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 Jana Mlcochova)
