Czech Republic - Factors To Watch on Feb 3

                                
 PRAGUE, Feb 3 (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 ========================
                                
 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 Czech currency.............................[CZK/]
=========================== EVENTS =============================
                                
 PRAGUE - Conference " Trade Liberalisation" with Czech
Industry and Trade Deputy Minister Martin Tlapa and European
Commission Director General, DG Trade David O'Sullivan lecture
(0815 GMT). News conference at 1200 GMT.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - The lower house of parliament to hold a session
until Friday, may debate Lisbon treaty, U.S. radar treaties, and
extending mandate for Czech military force in foreign missions.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
============================NEWS================================
                                
 ORCO REVENUE HITS GUIDANCE: Revenue at Orco Property Group
<ORCO.PA> <ORCOsp.PR> rose to 299.3 million euros ($382 million)
in 2008, up from 270.8 million the year before and in line with
company guidance, the developer said on Monday.
                                
 Story: [ID:nL3602064] Related news: [RTRS-LEN-CZ-REA]
                                
 
                                
 CEE FX WEAK: Central European currencies mostly weakened on
the back of equity losses on Monday, while Hungary's forint
jumped around 1 percent after starting the session near a record
low.
                                
 Story: [ID:nL2683555] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 NEW BOND ISSUE: The Czech Republic plans to raise 16 billion
crowns ($727.3 million) through two auctions of state bonds in
March, including a new 10-year issue, after relying mostly on a
new floating rate bond in recent months.
                                
 Story: [ID:nL2151847] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 PMI TUMBLES: Manufacturing activity in Hungary and the Czech
Republic tumbled faster in January, key surveys showed on
Monday, and though Poland's pace of decline eased, analysts do
not expect it to defy the regional trend for long.
                                
 Story: [ID:nL2723084] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CONTRACTION NOT RULED OUT: A contraction in the Czech
economy cannot be ruled out this year, Finance Minister Miroslav
Kalousek said on Monday, challenging his ministry's newest
forecast made just last week.
                                
 Story: [ID:nL2471192] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 BUDGET IN SURPLUS: The Czech central state budget showed a
0.48 billion crown ($22.73 million) surplus at the end of
January, data showed on Monday.
                                
 Story: [ID:nL226984] Related news: [RTRS-LEN-CZ-GVD]
=========================PRESS DIGEST==========================
                                
 BUDGET DEFICIT: Industry Minister Martin Riman said he
expected the central state budget deficit at a range of 70
billion crowns ($3.18 billion) to 90 billion crowns, bigger than
the Finance Ministry's forecast for a 73 billion 
                                
 Hospodarske Noviny, page 15
                                
 
                                
 PRIVATISATIONS: Regional Development Minister Cyril Svoboda
said he was against privatisation of the Prague Airport as the
country is selling its access to the world. He said he wondered
what kind of management was running Czech airlines CSA if the
airport needs to be sold to avoid bankruptcy.
                                
 Pravo, page 7
                                
 
                                
 CEZ: Czech power group CEZ <CEZPsp.PR> may bid for a 18.3
percent stake in the Elektroprivreda Crne Gore power company of
Montenegro.
                                
 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)