EMERGING EUROPE STOCKS - Factors to Watch Oct 16

                                
 WARSAW, Oct 16 (Reuters) - Here are news stories, press
reports and events to watch which may affect Central/Eastern
Europe's financial markets on Thursday.
                                
 
                                
 PEKAO
                                
 Poland may back out of a deal to sell its remaining stake in
in UniCredit's <CRDI.MI> Polish unit, Bank Pekao <BAPE.WA>, to
the Italian lender if market conditions remain poor,
Rzeczpospolita quotes a deputy treasury minister as saying.
                                
 
                                
 RUCH
                                
 Treasury ministry wants to get 18 zlotys for each share of
state-owned press distributor Ruch <RUCH.WA> in a tender, twice
the current market price, Parkiet reports, without citing
sources.
                                
 
                                
 CIECH, PKN
                                
 Ciech's <CECH.WA> acquisition of PKN Orlen's <PKNA.WA>
chemicals unit Anwil is becoming more likely, daily Puls Bizensu
quotes its chief executive as saying.
                                
 
                                
 MONBAT
                                
 Bulgarian battery producer Monbat <MONBAT.BB> has bought
back some 196,000 of its shares since August at an average price
of 10.95 levs ($7.65) per share, Dnevnik writes.

                                
 DACIA
                                
 Romanian carmaker Dacia, owned by France's Renault
<RENA.PA>, posted a 17 percent sales increase to almost 200,000
vehicles in the first nine months of this year, Business
Standard reports.
                                
 
                                
 PETROM
                                
 Romanian top oil and gas firm Petrom <SNPP.BX>, owned by
Austria's OMV <OMVV.VI>, has set up a 3-year credit line worth
roughly 375 million euros ($512.3 million) to cover its funding
needs, it said on Wednesday.                   [ID:nLF464491]
                                
 
                                
 BCR
                                
 Romania's biggest bank BCR, owned by Austria's Erste Bank
<ERST.VI> <ERST.BX>, has launched a deposit facility for
individuals with an interest rate tied to increases in the price
of gold.                                       [ID:nLF625640]
                                
 
                                
 BGZ, RABOBANK
                                
 Dutch financial group Rabobank [RABN.UL] has offered to buy
the 37 percent stake in Bank BGZ from Poland's treasury, which
is considering the offer, a deputy minister said on Wednesday.
                                
 
                                
 EUROPEAN MARKETS
                                
 European shares were seen tumbling on Thursday, tracking a
sharp selloff on Wall Street and Asia on mounting fears of a
global recession.
                                
 Spreadbetters were looking for London's FTSE <.FTSE> to open
down 172 to 179 points, or as much as 4.4 percent lower,
Frankfurt's DAX <.GDAXI> to lose 206 to 226 points, or as much
as 4.6 percent, and Paris' CAC 40 <.FCHI> to drop 194 to 198
points, or as much as 5.9 percent in early trade.
                                
 For the latest news on European markets, double click [.EU]
                                
 
                                
 WALL STREET
                                
 Wall Street had its worst day since the 1987 stock market
crash on Wednesday, as bleak economic data fed worries that all
the efforts to unlock credit markets may not stave off a severe
recession.
                                
 Federal Reserve Chairman Ben Bernanke added to those
concerns when he said the economy faced a "significant threat"
from paralyzed credit markets.
                                
 For latest Wall Street news, double click [.N]

                                
 OTHER EQUITY NEWS
 Stocks on the move      [HOT-RTRS] Real-time Equity News    [E]
 Emerging markets equities [EMRG-E] E.Europe equities     [.CEE]
 Hot stocks                   [HOT] Stock markets          [STX]
 Emerging Europe diaries [EMRG-EUROPE-DIARY]

 European stocks report  [.EU]
 Major world stock market performance     [.STX]
 FTSE Eurotop 300 index...................<.FTEU3>
 DJ STOXX index...........................<.STOXX>
 Eurotop 300 sector gainers/losers...<.PGL.FTEU3S>
 Top 25 European pct gainers............<.PG.PEUR>
 Top 25 European pct losers.............<.PL.PEUR>
 European Equities speed guide.............<EUR/EQUITY>
 Pan European indices.....................<EUR/INDICES1>
 Pan European analysis.....................<EUR/STATS1>
 
 REGIONAL INDICES
 Warsaw WIG20 <.WIG20>     Istanbul ISE National 100 <.XU100>
 Budapest SE Index <.BUX>  Bucharest Beti <.BETI>
 Prague PX <.PX>           Zagreb Crobex <.CRBEX>
 Sofia Sofix <.SOFIX>      Ljubljana SBI20 <.SBI>
 
 MSCI Global Emerging Markets <.MSCIEF>
 FTSEurofirst 300 <.FTEU3>