PRAGUE, April 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=========================
February foreign trade data at 0700 GMT.
February retail sales data at 0700 GMT.
Real-time economic data releases....................<ECONCZ>
Previous stories on Czech data.............[]
Overview of economic data and forecasts..........<CZ/ECON15>
Updates on CEE currencies............................[]
==========================EVENTS=============================
FOREIGN TRADE AND RETAIL DATA: Data for February retail
sales and foreign trade are due out at 0700 GMT.
Related news: []
PRAGUE - OECD Secretary General Angel Gurria to present the
OECD Economic Review 2010 of the Czech Republic. News
conferences at 0750 GMT and 1315 GMT.
Related news: []
==========================TOP NEWS=============================
SINGER,TOMSIK VOTED FOR CUT: Czech central bankers Miroslav
Singer and Vladimir Tomsik voted for a quarter point rate cut at
the March 25 meeting, minutes from the session showed on Friday.
Story: [] Related news: []
Table: []
Text: []
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2010
Czech Equities <> 1227.4 1227.4 0.38 9.85
vs Euro <EURCZK=> 25.336 25.34 0.02 3.73
vs Dollar <CZK=> 18.86 18.798 -0.33 -2.63
U.S. Equities <> 10973.55 10927.07 0.43 5.23
Pvs close or current levels vs prior domestic close at 1500 GMT
========================PRESS DIGEST============================
BUDGET PLANS: The main right-wing party, the Civic
Democrats, are planning a partial freeze on rises in healthcare
costs and cut the government's operating costs by 5 percent as
part of deficit-cutting measures after elections due in May.
The central government deficit should fall to 139 billion
crowns ($7.39 billion) next year from 163 billion in 2010.
Hospodarske Noviny, page 1, 2
TELEFONICA O2 SEES RISE IN FIXED LINES: Telefonica O2 Czech
Republic <> expects a reversal of the long-term trend
of falling number of fixed lines next year as demand for data
rises.
Hospodarske Noviny, page 19
KELLNER AIMS TO RAISE GENERALI STAKE: Billionaire Petr
Kellner plans to raise his stake in Europe's No.3 insurer
Generali <GASI.MI> to 2 percent from 0.3 percent.
Hospodarske Noviny, page 20
CEZ DEFENDS HEATING ACQUISITION: Competitors and some
analysts said power firm CEZ <> overpaid for Prazska
Teplarenska heating firm it took over from investment group J&T
but CEZ said it was a strategic investment that would combine
well with the firm's existing and planned assets.
Hospodarske Noviny, page 20
GAS MARKET CHANGES: The number of customers opting to switch
gas suppliers jumped to 33,000 last year from 596 in 2008, and
has been growing rapidly this year.
E15, page 8
NPLS ON THE RISE: The proportion of non-performing loans has
risen to 5.5 percent of the total in February.
E15, page 11
Reuters has not verified the media reports, nor does it
vouch for their accuracy.
For Instant Views of key economic data click on
[]
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 Jan Lopatka)
E-mail: prague.newsroom@reuters.com
