PRAGUE, Nov 8 (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 hours) =========================ECONOMIC DATA=========================
September foreign trade data at 0800 GMT.
September retail sales data at 0800 GMT.
September industrial and construction data at 0800 GMT.
October unemployment 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............................[
]============================TOP NEWS==========================
BOGDANKA RESULTS: Poland's sole listed miner Bogdanka <LWBP.WA> said on Monday its third quarter net profit fell by 6 percent year-on-year, beating market expectations thanks to a rise in coal production.
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CEZ LOAN: Czech energy group CEZ <
> is in talks with the European Investment Bank for a planned 200 million euro ($282.8 million) loan to fund the completion of its unfinished solar power projects, the utility said on Sunday.Story: [
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CEE MARKETS: Better-than-expected U.S. jobs data helped the region's currencies recoup some of their losses by late Friday, but Hungary's forint recovered only slightly with fiscal uncertainties still weighing on the unit.
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CEE POWER: Czech power for the next working day shot up more than 22 percent on Friday as unseasonably warm temperatures were expected to fall sharply by the end of the weekend.
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] Related news: [ ]---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010 vs Euro <EURCZK=> 24.557 24.564 0.03 6.69 vs Dollar <CZK=> 17.609 17.42 -1.04 4.18 Czech Equities <
> 1,166.2 1,166.2 -0.63 4.38 U.S. Equities < > 11,444.08 11,434.84 0.08 9.74 Pvs close or current levels vs prior domestic close at 1500 GMT =========================PRESS DIGEST==========================PENSION DEBT: The state will have to borrow about 30 billion crowns in 2010 and 2011, the same as in 2009, to cover the deficit in social security.
Hospodarske Noviny, page 7
SOLAR TAX: Junior coaliton partner Public Affairs will propose lowering the solar tax, introduced by the government, to 22 percent from 26 percent. The other two coalition members support the original measure, which will likely also get support from the opposition.
Mlada Fronta Dnes, page A2
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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