PRAGUE, March 19 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday.
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] ==========================EVENTS================================PRAGUE - The lower house of parliament to conclude a regular session.
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] ==========================TOP NEWS=============================MINISTER QUITS OVER CEZ PLAN: Czech Environment Minister Jan Dusik resigned on Thursday from the caretaker cabinet, saying the prime minister had put pressure on him to decide hastily on plans to upgrade a controversial large coal-fired power plant.
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TEMELIN: Czech power firm CEZ <
> will disconnect the 1,000 megawatt Unit 2 at its nuclear Temelin plant on Thursday afternoon to allow for a repair on the high-voltage power grid.Story: [
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CROWN: The Czech crown extended this week's gains against the euro on Thursday, reaching the highest level since October after piercing a resistance level on global rise in risk appetite. [
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CEE MARKETS:The Czech crown hit a five-month high on Thursday and investors snapped up Hungarian and Romanian debt as fresh concerns over Greece only temporarily soured sentiment on European emerging markets.
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] Related news: [ ] ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct changeclose on day in 2010 Czech Equities <
> 1208,5 1208,5 -0,79 8,16 vs Euro <EURCZK=> 25,37 25,373 0,01 3,6 vs Dollar <CZK=> 18,639 18,655 0,09 -1,43 U.S. Equities < > 10779,17 10733,67 0,42 3,37 Pvs close or current levels vs prior domestic close at 1600 ========================PRESS DIGEST=========================FUEL RESERVES: The Czech Republic will store part of its strategic diesel reserves outside its own territory due to lower costs. The Czech fuel reserves administration office said it signed a contract with German company Viktoriagruppe to store 15 percent of diesel reserves in Germany. Storing in Germany means total savings of 38 million crowns ($1.62 million) a year. Viktoriagruppe owners are unknown.
Mlada Fronta Dnes, page 1
SKODA: Volkswagen's <VOWG.DE> management reportedly offered a deal in collective bargaining, raising the average wage by 200 crowns a months. A trade union leader made fun of the offer.
Hospodarske Noviny, page 17
ECM: Developer ECM <
> failed to win a building permit to construct a 2 billion crown ($107.6 million) skyscraper in Prague after it turned out parts of the land where it should be built are owned by the state. The construction was scheduled to start in spring.Hospodrske Noviny, page 17
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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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: Warsaw WIG20 < > Budapest BUX < > Prague PX < >News editor of the day: Jan Lopatka on +420 224 190 474; fax: +420 224 229 935
(Compiled by Jana Mlcochova)
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