PRAGUE, Sept 30 (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 ========================
July money supply and Q2 foreign debt 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/]
========================= TOP NEWS ============================
SANOFI GETS ZENTIVA IMPROVED BID APPROVAL: The Czech central
bank said on Tuesday Sanofi-Aventis (SASY.PA) can go ahead with
its improved bid for Czech drugs maker Zentiva ZNTVsp.PR.
Story: [ID:nPRG001027] Related news: [RTRS-LEN-CZ-DRU]
WARSAW SUBMITS HIGHEST BID FOR PRAGUE BOURSE: Warsaw Stock
Exchange has made the highest bid for a controlling stake in the
Prague Stock Exchange (PSE), offering 200 million euros ($287
million), a Czech newspaper said on Tuesday, citing a source
close to the sale.
Story: [ID:nLU95582] Related news: [RTRS-LEN-CZ-MRG]
CEZ WINS ALBANIA POWER DEAL: The Czech power utility CEZ
offered 102 million euros on Monday to win a 76 percent stake in
Albania's power distributor DSO after Albania found Italy's ENEL
technical bid insufficient.
Story: [ID:nLT166908] Related news: [RTRS-LEN-CZ-ELU]
FINMIN CUTS GROWTH FORECAST: The Czech Finance Ministry cut
its 2009 growth forecast to four percent from 4.8 percent on
Monday due to global financial turmoil, a revision that could
presage a reduction in government spending.
Story: [ID:nLT481213] Related news: [RTRS-LEN-CZ-ECI]
ORCO SEES MORE PROPERTY SALES: Real estate developer Orco
Property Group (ORCOsp.PR) expects to sell assets worth 200
million euros next year in a bid to cut debt and free up cash
for new projects amid credit market woes, its head told Reuters.
Story: [ID:nLT402105] Related news: [RTRS-LEN-CZ-REA]
RISK AVERSION HITS CEE CURRENCIES: Heightened risk aversion
knocked back emerging European currencies on Monday as the
financial crisis spread, with Poland's zloty leading losses
after the country's euro ambitions ran into a potential setback.
Story: [ID:nLT422458] Related news: [RTRS-LEN-CZ-FRX]
======================= PRESS DIGEST===========================
CZECH BANKS SEEING MINIMAL IMPACT: Czech banks should see
minimal impact from the credit crisis spreading in Europe,
central bank Vice-Governor Miroslav Singer said.
Hospodarske Noviny, page 18
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 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 Jason Hovet)
