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Czech Republic – Factors To Watch on July 2

PRAGUE, July 2 – Here are news stories, press reports and events to watch which may affect Czech financial markets on Thursday. ALL TIMES GMT (Czech Republic: GMT + 2 hours) =========================ECONOMIC DATA========================== Real-time economic data releases…………….. 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============================ BUDGET: The Czech central state budget deficit for this year deepened to 195.2 billion crowns ($8.2 billion) at the end of June, already surpassing a record gap posted in the 2009 financial crisis. MANUFACTURING: The downturn in central European manufacturing eased markedly in June as economies reopened after the coronavirus lockdown, surveys showed on Wednesday, but the sector was still some way from returning to growth. CORONAVIRUS CASES: The Czech Republic had 12,046 confirmed coronavirus cases by the end of Wednesday, with 92 new infections that day. The number of daily new cases dropped for third day in a row. Of those, 7,797 people have recovered and 349 people have died in connection with the disease. There were 3,900 active cases. https://onemocneni-aktualne.mzcr.cz/covid-19 CEE MARKETS: Emerging European currencies were mildly stronger on Wednesday amid indications that the pace of the economic downturn was slowing, encouraging investors after this year’s coronavirus-induced shock. ======================PRESS DIGEST============================= PUBS: One third of Czech pubs are in danger of closing due to losses caused by the anti-coronavirus lockdown, an association estimated. Customers are slow to return and prices are much lower than before the pandemic. Mlada Fronta Dnes, page 1 (Reuters has not verified the stories, nor does it vouch for their accuracy.) Prague Newsroom: +420 234 721 617 E-mail: [email protected] (Reporting by Prague Newsroom)

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