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Czech Republic – Factors To Watch on July 24

PRAGUE, July 24 – Here are news stories, press reports and events to watch which may affect Czech financial markets on Friday. 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============================ CORONAVIRUS CASES: Czech testing labs found 235 new cases of infection by the new coronavirus on Thursday, the Health Ministry said on Wednesday, for a total of 14,800. The number of active cases has grown to 5,107, there were 365 deaths reported in connection with the illness, while 9,328 people have recovered. https://onemocneni-aktualne.mzcr.cz/covid-19 BUSINESS CONFIDENCE: July survey by the Czech Statistical Office is due out at 9 a.m. (0700 GMT). CLUB OUTBREAK: An outbreak of coronavirus in a Czech music club has grown to 98 positive cases, including footballers from several Prague clubs, public health officials said on Thursday. SOCCER SEASON CUT SHORT: No team will be relegated from the Czech football top league as the competition was left unfinished after one player tested positive for the new coronavirus, officials said on Thursday. CEE MARKETS: Central European currencies rose on Thursday while stock markets were mixed as sentiment continued to improve in the region after a landmark European Union deal to help coronavirus-stricken economies. ======================PRESS DIGEST============================= CEZ BULGARIA: A court in Bulgaria ruled CEZ can sell its local assets to Eurohold, overturning an earlier regulators’ decision. https://www.e15.cz/byznys/prumysl-a-energetika/cez-muze-prodat-bulharska-aktiva-euroholdu-soud-v-sofii-zvratil-verdikt-antimonopolniho-uradu-1371801 CORONAVIRUS: People will be again require to wear face masks at indoor events with more than 100 attendants, as of Saturday. As of Monday, the cap on attendance at all events will be lowered to 500 from 1,000. https://www.mfdnes.cz/ctecka.aspx#strana=1 WAGES: Unions want public sector wages to grow by 7-15 % next year with the highest hike sin the health and education sectors. https://archiv.ihned.cz/c1-66794260-odbory-chteji-zachovat-rust-statnich-platu-i-po-rekordnim-schodku-napriklad-u-ucitelu-az-o-10-procent REAL ESTATE: Prague apartment prices rose by 95% over the past five years. Developers’ data showed new apartment prices rose by 6.1% at the end of the first half to 108,000 crowns ($4,767.37) per square metre. https://archiv.ihned.cz/c1-66793900-byty-v-praze-jsou-nejdrazsi-v-historii-za-pet-let-podrazily-o-95-procent (Reuters has not verified the stories, nor does it vouch for their accuracy.) Prague Newsroom: +420 234 721 617 E-mail: [email protected] ($1 = 22.6540 Czech crowns) (Reporting by Prague Newsroom)

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