PRAGUE, Aug 4 (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.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
=========================EVENTS=================================
PRAGUE - Komercni Banka <> to release first half
results (0600 GMT). A news conference at 0700 GMT, conference
call at 1400 GMT.
Related news: []
PRAGUE - The Czech cabinet to hold a session (0700 GMT)
(www.vlada.cz/en/default.htm). News conference due at 1400 GMT.
Related news: []
PRAGUE - 3-year government bond auction <CZ1002729=>.
Related news: []
=========================TOP NEWS===============================
CEE MARKETS: East European currencies eased on Tuesday on a
slight stock market correction and some short covering, and
record lows of the Serbian dinar versus the euro triggered
intervention by its central bank.
Story: [] Related news: []
GAS TRADE: Czech transmission system operator Net4Gas and
its German counterpart VNG Gastransport unveiled a plan on
Tuesday aimed at making it easier and faster for traders to book
day-ahead capacity.
Story: [] Related news: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
vs Euro <EURCZK=> 24.757 24.772 0.06 5.93
vs Dollar <CZK=> 18.741 18.732 -0.05 -1.98
Czech Equities <> 1,189.7 1,189.7 -0.05 6.48
U.S. Equities <> 10,636.38 10,674.38 -0.36 2
Pvs close or current levels vs prior domestic close at 1500 GMT
=========================PRESS DIGEST==========================
BUDGET SPENDING, INCOME: The draft 2011 budget accounts for
revenue of 917.1 billion crowns ($48.50 billion) and expenditure
of 1,052.1 billion, with a deficit of 135 billion crowns as
planned.
Hospodarske Noviny, page 3
VAT RISE: Prime Minister Petr Necas said he wants to raise
the lower VAT rate to 12 percent from 10 percent starting next
year. The extra revenue would be used for pension reform, not
the budget.
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>
For real-time stock market index quotes click in brackets:
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E-mail: prague.newsroom@reuters.com
