Czech Republic - Factors To Watch on May 23
PRAGUE, May 23 (Reuters) - Here are news stories, press reports and events to watch which may affect Czech financial markets on Wednesday. ALL TIMES GMT (Czech Republic: GMT + 2 hours) =========================ECONOMIC DATA========================== Real-time economic data releases.................... Summary of economic data and forecasts........... Recently released economic data.................. Previous stories on Czech data............. **For a schedule of corporate and economic events: http://emea1.apps.cp.thomsonreuters.com/Apps/CountryWeb/#/2E/events-overview ============================NEWS/EVENTS========================= UNIPETROL: Polish biggest oil refiner PKN Orlen will buy the remaining 5.97 percent in Czech unit Unipetrol from minority shareholders for 380 crowns per share to complete its takeover and delist the unit from the Prague bourse. R2G: Investment firm R2G, the majority owner of Czech artificial textile maker Pegas Nonwovens , is buying U.S.-based First Quality Enterprises' nonwovens operations in the United States and China, Czech newspaper Hospodarske Noviny reported on Tuesday. MONETA: Moneta Money Bank is partnering with Generali's Ceska Pojistovna, planning cross-selling CEE MARKETS: The forint gave up almost all of its early gains on Tuesday against the euro, edging back towards 23-month lows as dollar bulls returned in global markets and Hungary's central bank (NBH) reaffirmed its loose policy line. ---------------------- MARKET SNAPSHOT ------------------------ Index/Crown Currency Latest Prev Pct change Pct change close on day in 2018 vs Euro 25.701 25.711 0.04 -0.68 vs Dollar 21.852 21.823 -0.13 -2.7 Czech Equities 1,103.29 1,103.29 0.1 2.33 U.S. Equities 24,834.41 25,013.29 -0.72 0.47 Pvs close or current levels vs prior domestic close at 1500 GMT =========================PRESS DIGEST=========================== CEZ: The Finance Ministry, representing the state's 70 percent share in CEZ , will not support a proposal to pay management bonuses of 21 million crowns when it comes up for a vote at the AGM. It will be the third year in a row bonuses will not be paid. Lidove Noviny, page 12 STUDENT AGENCY: Airline ticket seller Student Agency is up for sale and could fetch around 1 billion crowns ($45.70 million), according to a prospectus, the newspaper reported. Founder and owner Radim Jancura plans to use proceeds for his bus and train transport business RegioJet, the paper said. Hospodarske Noviny, page 1 POLITICS: The lower house voted against opening debate on President Milos Zeman's recent comments on Novichok, with almost all parliamentarians of the ruling ANO party voting with far-right SPD and far-left Communists in striking down the motion. The leader of the Social Democrat - with whom ANO is negotiating a coalition government - was surprised by the vote. The party is holding an internal referendum at the moment on joining the government. It had sought assurances in coalition talks that it would not be outvoted by ANO joining fringe parties. Pravo, page 2 (Reuters has not verified the stories, nor does it vouch for their accuracy.) ***For real-time stock market index quotes click in brackets: Warsaw WIG20 Budapest BUX Prague PX For updates on CEE markets TOP NEWS -- Emerging markets Prague Newsroom: +420 224 190 477 E-mail: [email protected] ($1 = 21.8800 Czech crowns) (Reporting by Prague Newsroom)
