Czech Republic - Factors To Watch on Feb 7

PRAGUE, Feb 7 (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 + 1 hours)

===========================ECONOMIC DATA========================
December foreign trade data at 0800 GMT.
January foreign exchange reserves data at 0900 GMT.
Real-time economic data releases...................
Previous stories on Czech data............
Overview of economic data and forecasts.........
Updates on CEE currencies...........................

==========================TOP NEWS==========================
PM: EXPORTS HIT RECORD IN 2011: Czech exports hit a record
level close to 3 trillion crowns ($157.72 billion) last year but
the country is too dependent on European markets and must
broaden the range of products it sells abroad, Prime Minister
Petr Necas said.
Story: Related news:

COLD SNAP: Europe's bitterly cold weather killed another 33
people on Monday and melting snow caused a dam wall to break and
flood an entire village in Bulgaria.
Story: Related news:

INDUSTRIAL OUTPUT BEATS EXPECTATIONS: Czech industrial
output rose 2.0 percent on an annual basis in December, just
beating expectations but decelerating from the previous month,
statistics office data showed.
Story: Related news:

CEE MARKETS: The leu shrugged off the surprise resignation
of Romania's prime minister on Monday and the vulnerable
Hungarian forint was the only central European currency to be
hurt by renewed concerns over Greece's debt problems.
Story: Related news:

CEE POWER: Czech day ahead power climbed on Monday as cold
weather pushed consumption higher at the beginning of a weekly
business cycle while renewable generation kept low, traders
said.
Story: Related news:
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2011
vs Euro 24.948 24.942 -0.02 2.34
vs Dollar 19.006 19.084 0.41 3.68
Czech Equities 1,011.3 1,011.3 0.15 11
U.S. Equities 12,845.13 12,862.23 -0.13 5.14
Pvs close or current levels vs prior domestic close at 1600 GMT
========================PRESS DIGEST=========================
ACTA RATIFICATION HALTED: The ratification process of the
Anti-Counterfeiting Trade Agreement (ACTA) is suspended, Prime
Minister Petr Necas said. He said more analysis was needed to
show how the agreement would impact people's lives.
Hospodarske Noviny, page 1

FISCAL PACT: The EU's planned fiscal treaty merely repeats
stipulations of the recently tightened Stability and Growth
pact, Prime Minister Petr Necas said. It is a significantly
watered-down version of the Stability and Growth Pact, he added.
The treaty will have little real effect and losing a part of
the country's sovereignty for it is pointless, he said.
Pravo, page 6

BOOSTING EXPORTS TO EMERGING MARKETS: The government has
picked Brazil, China, India, Iraq, Kazakhstan, Mexico, Russia,
Serbia, Turkey, Ukraine, the U.S. and Vietnam as top priority
markets for Czech exporters. It will increase the number of
diplomatic offices in these countries. It will also increase the
support of insurance and financing export projects in these
countries by nearly 1 billion crowns ($52.39 million).

PRIVATISATIONS SEEN UNPROFITABLE NOW: There are no plans to
sell or lease the state-owned Prague Airport in the present
government's term because market conditions are unfavourable and
the government would raise little money for it, Prime Minister
Petr Necas said.
He also denied reports the government was planning to sell
brewery Budejovicky Budvar.
Meanwhile, a source told weekly Tyden that a tender for the
sale of the loss-making state-owned Czech Airlines (CSA) will be
announced by the end of the first quarter.
Hospodarske Noviny, page 16, tyden.cz

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
For diary of forthcoming Czech events
For calendar of east European economic indicators
TOP NEWS -- Emerging markets
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For an economic indicator diary for the euro zone, the United
States and other Group of Seven countries see

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Warsaw WIG20 Budapest BUX Prague PX

News editor of the day: Jason Hovet on +420 224 190 476
E-mail: prague.newsroom@thomsonreuters.com
($1 = 19.6606 Czech crowns)

($1 = 19.0862 Czech crowns)

(Reporting by Prague Newsroom)