Czech Republic - Factors To Watch on Oct 6

                                
 PRAGUE, Oct 6 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday.
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================ECONOMIC DATA=========================
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies.............................[CEE/]
                                
 
==========================EVENTS==============================
                                
PRAGUE - Car Importers' Association (SDA) to hold a news
conference on third quarter passenger car registrations (0900
GMT).
                                
 Related news: [RTRS-LEN-CZ-AUT]
                                
 
                                
 PRAGUE - Zofin forum on banking sector with Czech central
bank (CNB) Vice-Governor Miroslav Singer (1100 GMT).
                                
 Related news: [RTRS-LEN-CZ-PLCY]
                                
 
==========================TOP NEWS============================
                                
 DEBT: The Czech government's net borrowing needs will rise
to 160.6 billion crowns ($9.23 billion) in 2010 from about 151.6
billion this year, the draft 2010 budget documentation showed on
Monday.
                                
 Story: [ID:nL565639] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 TUMA ON FX: The Czech central bank would consider
intervening on the foreign exchange market to weaken the crown
or cut interest rates if the currency keeps firming, although
the bank is no fan of intervention, Governor Zdenek Tuma said on
Monday.
                                
 Story: [ID:nL58899] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 SINGER ON RATES: Further cuts in Czech interest rates cannot
be ruled out if price pressures from both home and abroad fall
further, central bank Vice-Governor Miroslav Singer said in a
presentation released on Monday.
                                
 Story: [ID:nL5659932] Related news: [RTRS-LEN-CZ-PLCY]
                                

                                
 CEE MARKETS: Hungary's forint rose to its highest since late
August on Monday in a further positive reaction to a ratings
outlook lift by Standard & Poor's, while easing political
tensions steadied the Romanian leu after it plumb six-month
lows.
                                
 Story: [ID:nL5136827] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 PACKAGE: The upper house of the Czech parliament
rubber-stamped on Monday a $4 billion package of tax hikes and
spending cuts aimed at cutting the country's budget deficit next
year.
                                
 Story: [ID:nL554467] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRIVATE EQUITY DEAL: American private equity group TA
Assoicates bought a minority stake in Czech software firm AVG
Technologies for more than $200 million, the companies said on
Monday.
                                
 Story: [ID:nL558846] Related news: [RTRS-LEN-CZ-MRG]
                                
 
---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>  1123,6      1123,6   0,69       30,93
vs Euro   <EURCZK=>    25,49       25,499   0,04        4,72
vs Dollar    <CZK=>    17,296      17,393   0,56        9,51
 U.S. Equities <.DJI>  9599,75     9487,67  1,18        9,38
 Pvs close or current levels vs prior domestic close at 1600

==========================PRESS DIGEST========================
                                
 SECOND AUSTERITY PACKAGE: Both leading parties the leftist
Social Democrats and the rightist Civic Democrats expressed
scepticism over a second savings package needed to slash the
2011 budget gap and planned by technocrat Finance Minister
Eduard Janota for spring.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 JOE BIDEN: U.S. Vice President Joe Biden plans a trip to
Prague sometime between Oct. 20-24 to quell concerns of many
Czechs that the U.S. administration sidelines the central
European region, leaving it vulnerable to Russian influence,
after it cancelled plans for building a missile shield in the
region. Biden will also sound out the Czech Republic for buying
U.S. fighters after Gripen lease expires.
                                
 Mlada fronta Dnes, page 1
                                
 
                                
 CSA: Loss-making Czech Airlines (CSA) fired 400 employees
and plan to let go another 460.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 JOB LOSSES: Czech truck maker Tatra will give notice to 530
workers this months due to a lack of orders. It will also start
a four day week as of next month.
                                
 Hospodarske Noviny, page 18
                                
 
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.
                                
    
 For Instant Views of key economic data click on    [CZ/INSTANT]
 For summary of economic data and forecasts          <CZ/ECON01>
 For diary of forthcoming Czech events                [CZ/DIARY]
 For calendar of east European economic indicators  [CONV/DIARY]
 TOP NEWS -- Emerging markets                         [TOP/EMRG]
 TOP NEWS -- Convergence watch                        [TOP/EAST]

 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 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.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)