PRAGUE, July 15 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 ========================
May current account balance 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 Czech currency.............................[CZK/] =========================== EVENTS ===========================
LANY - President Vaclav Klaus to meet Prime Minister Mirek Topolanek, Deputy Prime Minister for European Affairs Alexandr Vondra and Foreign Minister Karel Schwarzenberg (1400 GMT).
Related news: [RTRS-LEN-CZ-DIP]
====================== TOP NEWS ================================
RUSSIAN OIL CUT NOT POLITICAL: Russian said it cut oil supplies to the Czech Republic last week for technical reasons, and denied it was linked to Prague's role in a U.S. missile defence shield.
Story: [ID:nL14516168] Related news: [RTRS-LEN-CZ-DIP]
CEZ PLANS NEW NUKE POWER UNITS: Power group CEZ CEZPsp.PR has preliminary plans to build two new units at its Temelin nuclear power plant, with combined capacity of up to 3,400 megawatts.
Story: [ID:nL14711011] Related news: [RTRS-LEN-CZ-NUC]
====================== OTHER NEWS ============================
CROWN FIRMS TO NEW RECORD: The Czech crown extended its gains versus the euro on Monday, hitting a new record high of 23.280 EURCZK=, according to the Reuters dealing system.
Related news: [RTRS-LEN-CZ-FRX]
---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2008 Czech Equities .PX 1,440.4 1,444.2 -0.26 -20.64 vs Euro EURCZK= 23.335 24.165 +3.56 +13.56 vs Dollar CZK= 14.636 15.431 +5.45 +24.16 U.S. Equities .DJI 11,055 11,101 -0.41 -16.66 Pvs close or current levels vs prior domestic close at 1500
====================== PRESS DIGEST ===========================
STATE LAUNCHES IT TENDER: The Finance Ministry is launching a 2.5 billion crown ($156.9 million) tender on Tuesday for an IT system designed to simplify administration of public finances.
Hospodarske Noviny, page 15
CZECHINVEST HALTS INCENTIVES: State investment agency CzechInvest has stopped accepting applications for investment incentives after already paying out this year's allotted 770 million crowns.
E15, page 1
FINMIN LOOKING TO LIMIT CIGARETTE STOCKPILING: The Finance Ministry is looking at ways to limit the sale of cigarettes stockpiled by manufacturers before excise tax increases are introduced. The adjustment is advocated by market leader Philip Morris CR TABKsp.PR.
Mlada Fronta Dnes, page B1
Reuters has not verified the media reports, nor does it vouch for their accuracy.
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