PRAGUE, Oct 9 (Reuters) - Here are news stories, pressreports and events to watch which may affect Czech financialmarkets on Tuesday.
ALL TIMES GMT (Czech Republic: GMT + 2 hours)
September inflation data at 0700 GMT.
Real-time economic data releases...................
Previous stories on Czech data............
Overview of economic data and forecasts.........
Updates on CEE currencies...........................
ANOTHER CORRUPTION SCANDAL: The Czech republic'slong-running corruption scandal among high officials boiled upagain on Monday when Czech police brought charges against aclose associate of a former prime minister over a deal to buyarmoured personnel carriers.
KBC EYES PROFIT BOOST FROM LEANER STRUCTURE: Belgianbanking group KBC
said on Monday that concentrating oncore markets of Belgium and eastern Europe should increase itsprofitability after it has weaned itself off most state aid.
NO BOND AUCTIONS IN DEC: The Czech Finance Ministry said onMonday was not planning any auctions of domestic medium orlong-term bonds in December following heavier-than-expectedborrowing in the preceding months.
Story:Related news:*For Nov calendar:
CEZ SAYS NO NEED TO ALTER SETTLEMENT WITH EU: Czechelectricity producer CEZ
said on Monday amarket-test procedure to evaluate its settlement offer to end anEU investigation showed no need for material changes in theplan.
OUTPUT SHRINKS IN AUGUST: Czech industrial output fell inAugust and unemployment ticked higher in September, data showedon Monday, raising fears of a fourth straight quarter ofcontraction and indicating government austerity measures aredeepening the economic downturn.
CEE MARKETS: Emerging European currencies trimmedsome of the morning's losses on Monday, as investors showedwillingness to take on risk, but stayed under pressure before aeuro zone ministerial meeting where a potential bailout of Spainmay be debated.
CEE POWER: Czech Cal '13 baseload fell on Monday on lowercoal and oil while central European day ahead prices tradedabove Germany due to soaring peak prices in neighbouringSlovakia and Hungary as cross border capacity was limited insome hours, traders said.
---------------------- MARKET SNAPSHOT ------------------------
Index/Crown Currency Latest Prev Pct change Pct change
close on day in 2012vs Euro24.899 24.922 0.09 2.53vs Dollar19.165 19.219 0.28 2.87Czech Equities985.53 985.53 -0.02 8.17U.S. Equities13,583.65 13,610.15 -0.19 11.18
Pvs close or current levels vs prior domestic close at 1500 GMT
BACKUP BUDGET: Finance Minister Miroslav Kalousek said hehad an alternative version of the 2013 budget ready for theevent that the government collapses as a group of rebelliousdeputies is refusing to back a consolidation package. He refusedto give details of the budget. He only said: "It would be abudget of needless blood and tears."
He also said that no one in the world can force him tosubmit a budget with a deficit that is higher than 3 percent ofgross domestic product (GDP).
Hospodarske Noviny, page 1
NWR: Future chief executive of OKD
said the coalminer will continue to reduce production and output next yearwill drop from an expected 11 million tonnes this year.
He also said a decision will be made by the end of this yearwhether to launch mining at the Debiensko site in Poland.
Hospodarske Noviny, page 16
POSSIBLE DETMAROVICE POWER PLANT SALE: CEZ
it received four bids for its hard coal-burning Detmarovicepower plant that it may sell as part of a settlement with theEuropean Commission.
Hospodarske Noviny, page 17
Reuters has not verified the media reports, nor does itvouch for their accuracy.
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(Reporting by Prague Newsroom)
Keywords: CZECH FACTORS/