Czech Republic - Factors To Watch on Dec 15

                                
  PRAGUE, Dec 15 (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 + 1 hour)

=========================ECONOMIC DATA=========================
                                
 November producer prices and October foreign trade prices
data at 0800 GMT
                                
 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 - Finance Ministry to detail Q3 government debt
figures.
                                
 Related news: [RTRS-LEN-CZ-DBT]
                                
    
===========================MORNIGN NEWS========================
                                
 ORCO: Orco Property Group <ORCO.PA> said on Tuesday a debt
restructuring plan it wants to offer to bond holders would hike
the developer's capital by up to 183 million euros.
                                
 Story: [ID:nPRG003837] Related news: [RTRS-LEN-CZ-REA]
                                
 
============================TOP NEWS============================
                                
 BUDGET: Czech Prime Minister Jan Fischer said on Monday his
government would use all legal ways to prevent the 2010 budget
gap from rising above 5.3 percent of gross domestic product.
                                
Story: [ID:nLDE5BD1YY] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 FINANCE MINISTER TO CONTINUE: Czech Prime Minister Jan
Fischer said on Monday that Finance Minister Eduard Janota had
agreed to remain in his job after talks between the pair.
                                
 Story: [ID:nLDE5BD0NW] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 REGIONAL INTEREST RATES: The Czech and Polish central banks
are seen keeping interest rates on hold at their last 2009
meetings, eyeing inflation pressures, but Hungary is predicted
to cut rates further to help its recession-hit economy.
                                
 Story: [ID:nLDE5BD1QC] Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 CEE MARKETS: Central European currencies trimmed some of the
early gains on Monday, tracking global sentiment as domestic
markets were readying for interest rate meetings across the
region over the next two weeks.
                                
 Story: [ID:nLDE5BD0H2] Related news: [RTRS-LEN-CZ-FRX]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2009
 Czech Equities <.PX>   1105,2    1105,2    -0,43       28,78
vs Euro   <EURCZK=>    25,868     25,847    -0,08      3,31
vs Dollar    <CZK=>    17,651     17,642    -0,05       7,65
 U.S. Equities <.DJI>  10501,05   10471,5    0,28      19,65
 Pvs close or current levels vs prior domestic close at 1600
==========================PRESS DIGEST========================
                                
 UNIPETROL: Poland's refiner PKN Orlen <PKNA.WA> plans to
change the name of Czech petrol station chains Benzina and
Benzina plus to Star and Orlen, respectively. Benzina stations
are operated by PKN's Czech unit Unipetrol <UNPEsp.PR>.
                                
 E15, page 1
                                
 
                                
 CSOB: KBC <KBC.BR>, the majority owner of the largest Czech
bank by total assets CSOB acquired a full ownership in CSOB's
Slovak unit. It bought the 49.54 percent stake for 484 million
euros.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 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)