Czech Republic - Factors To Watch on Oct 26

PRAGUE, Oct 26 (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/]

===========================EVENTS==============================

PRAGUE - The Czech cabinet to hold a session, to decide on
privatisation of Czech Airlines (CSA). News conference at 1230
GMT.

Related news: [RTRS-LEN-CZ-MRG]

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

CME EARNINGS POLL: Broadcaster CME (CETV.O: Quote, Profile, Research) (CETVsp.PR: Quote, Profile, Research) is
seen to post a $10 million loss before interest, tax,
depreciation and amortisation (EBITDA) in the third quarter, as
the economic crisis pushed down advertising revenue, a Reuters
poll showed on Friday.

Story [ID:nLN380382] Related news: [RTRS-LEN-CZ-RESF]

GERMAN DEAL FOR CEZ: Czech utility CEZ (CEZPsp.PR: Quote, Profile, Research) filed a
bid for a 100 percent stake of German rival GESO, owned by EnBW
(EBKG.DE: Quote, Profile, Research), CEZ said on Friday in a statement filed to the Warsaw
stock exchange.

Story [ID:nLN662298] Related news: [RTRS-LEN-CZ-RESF]

JOE BIDEN: The Czech Republic is ready to participate in a
new U.S. defence plan aimed to protect Europe from short and
medium-range missiles, Prime Minister Jan Fischer said after
meeting U.S. Vice President Joe Biden on Friday.

Story [ID:nLN410430] Related news: [RTRS-LEN-CZ-DEF]

LISBON: Czech President Vaclav Klaus welcomed on Friday a
proposal that would remove his main objection to the EU's Lisbon
Treaty, raising chances the document could enter force after
years of negotiations and setbacks.

Story [ID:nLN252228] Related news: [RTRS-LEN-CZ-DIP]

BUDGET: The Czech parliament approved the 2010 budget in the
first out of three readings on Friday, locking in a smaller
budget gap than this year thanks to tax hikes and spending cuts
adopted to protect the country's safe financing position.

Story [ID:nLN179609] Related news: [RTRS-LEN-CZ-POL]

UNIPETROL: Czech oil processing group Unipetrol (UNPEsp.PR: Quote, Profile, Research)
expects to post a better third-quarter operating result than
losses seen in the first and second quarter of this year, the
company said on Friday.

Story [ID:nPRG003727] Related news: [RTRS-LEN-CZ-RES]
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change

close on day in 2009
Czech Equities 1175,2 1175,2 2,08 36,94
vs Euro EURCZK= 25,908 25,896 -0,05 3,16
vs Dollar CZK= 17,233 17,266 0,19 9,84
U.S. Equities .DJI 9972,18 10081,31 -1,08 13,63
Pvs close or current levels vs prior domestic close at 1600
==========================PRESS DIGEST========================

CSA SALE: The government will probably not sell the
loss-making air carrier to the only bidder, a consortium of
Unimex and Travel Service, the daily reports citing unnamed
sources. It considers the bid problematic. The bidder offers 1
billion crown ($57.80 million), but requires that CSA base
capital equals zero, which would required the government to
inject in the airline some 700 million crowns.

Hospodarske Noviny, page 1

SHELL'S CZECH STAKE: Czech state-run oil pipeline operator
MERO and refinery Unipetrol (UNPEsp.PR: Quote, Profile, Research) will both bid for a 16.3
percent stake in Ceska Rafinerska owned by oil group Royal Dutch
Shell (RDSa.L: Quote, Profile, Research). A MERO sources told the daily due diligence in
Ceska Rafinerska should end this week. The stake is valued at 4
billion crowns.

Hospodarske Noviny, page 1

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

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 Jana Mlcochova)