PRAGUE, Aug 26 (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.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
=========================EVENTS==============================
PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
Related news: []
PRAGUE - 52-week T-bill auction
Related news: []
=========================MORNING NEWS===========================
JANACEK ON RATES: The Czech central bank governing board is
certain to debate interest rate levels in the fourth quarter,
and the period of low rates and their decline has ended, a Czech
central banker was quoted as saying on Thursday.
Story: [] Related news: []
NWR NET ABOVE FCAST: Czech miner New World Resources (NWR)
<NWRS.L> <NWRSsp.PR> swung to a profit on the second quarter
thanks to rising coal prices, it said on Thursday.
Story: [] Related news: []
=========================TOP NEWS===============================
SOLAR BOOM: The Czech government approved a renewables
energy framework plan on Wednesday aimed at curbing the kind of
subsidies that have led to a solar boom that ranks as Europe's
third largest.
Story: [] Related news: []
PROTESTS AGAINST WAGE CUTS: Czech policemen and fire
fighters will stage a rare demonstration next month against pay
cuts, the first significant labour protest against the new
centre-right government's austerity drive.
Story: [] Related news: []
CEE MARKETS: The forint erased early gains on Wednesday
after Hungary ruled out a new International Monetary Fund loan
agreement, while Polish bonds were stronger following a switch
sale of longer-dated paper.
Story: [] Related news: []
CEE POWER: Czech spot power surged nearly 20 percent on
Wednesday, with low wind output and outages in the region
driving the contract higher, traders said.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT
------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24,856 24,902 0,18 5,56
vs Dollar <CZK=> 19,531 19,741 1,06 -6,28
Czech Equities <> 1,142,1 1,142,1 -0,89 2,22
U.S. Equities <> 10,060,06 10,040,45 0,2 -3,53
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
POWER PRICES: The government cannot do anything about the
expected rise in power prices, which companies warn will hit
business, Prime Minister Petr Necas said. A steep rise in the
renewable resources subsidy will hike power prices for
households by 15 percent, for companies by 19 percent, the paper
said.
Hospodarske Noviny, page 1
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
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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>
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