Czech Republic - Factors To Watch on Aug 23

PRAGUE, Aug 23 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday.

ALL TIMES GMT (Czech Republic: GMT + 2 hours)

=========================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 CEE currencies............................[CEE/]

=========================TOP NEWS===============================

CZECH POWER UP: Czech power for the next working day rose on
Friday, marking the third straight day of strong gains as
forecasts for warmer weather in the reigion supported prices,
traders said.

Story: [ID:nLDE67J179] Related news: [RTRS-LEN-CZ-DRV]

CEE MARKETS: Worsening risk appetite hit central European
currencies on Friday as markets geared up for central bank
meetings next week, while Polish long-dated bonds drew more
investors chasing down value in higher-yielding assets.

Story: [ID:nLDE67J0BV] Related news: [RTRS-LEN-CZ-FRX]
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change

close on day in 2010
vs Euro EURCZK= 24,78 24,811 0,12 5,84
vs Dollar CZK= 19,495 19,56 0,33 -6,08
Czech Equities .PX 1,173,3 1,173,3 -1,26 5,01
U.S. Equities .DJI 10,213,62 10,271,21 -0,56 -2,06
Pvs close or current levels vs prior domestic close at 1500 GMT

=========================PRESS DIGEST==========================

CETV.O: Chief executive at media group CME (CETVsp.PR)
Adrian Sarbu sold 70,000 shares in the broadcaster, earning $1.6
million.

Hospodarske Noviny, page 17

GDP: Prime Minister Petr Necas said he expected the planned
austerity measures will cut economic growth in 2011 by 0.6-0.7
percentage points. The Finance Ministry latest forecast from
July sees 2011 GDP growing by 2.3 percent year on year.

Pravo, page 14

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