Czech Republic - Factors To Watch on May 11

                                
 PRAGUE, May 11 (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 + 2 hours)

=========================ECONOMIC DATA=========================
                                
 Real-time economic data releases....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies............................[CEE/]
 
============================EVENTS============================
                                
 PRAGUE - Power firm CEZ <CEZPsp.PR> first quarter earnings
at 0600 GMT, news conference with CEO Martin Roman and CFO
Martin Novak at 0800 GMT.
                                
 A Reuters poll showed CEZ will post a 9.9 percent drop in
first-quarter net profit due to lower power prices but an uptick
in demand and production in nuclear plants narrowed the decline.
[ID:nLDE6461WW]
                                
 Related news: [RTRS-LEN-CZ-ENR]
                                
 
==========================TOP NEWS============================
                                
 MOODY'S: The next Czech government must come up with a
credible and detailed plan to stabilise the public debt to avoid
pressure on its A1 credit rating, Moody's Investors Service said
on Monday.
                                
 Story: [ID:nLDE6490NT] Related news: [RTRS-LEN-CZ-AAA]
                                
 
                                
 CEE MARKETS: The Polish zloty surged on Monday and Hungarian
stocks shot up 10 percent to lead central Europe's rally after
the European Union and IMF agreed a 750 billion euro rescue
package to end the Greek debt crisis.
                                
 Story: [ID:nLDE6490UC] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 POLL BLURS COALITION OUTLOOK: Popularity gains of small
parties ahead of a Czech election this month boosted uncertainty
over the make-up of the next administration and raised the
flagging chances of a centre-right cabinet, a poll showed on
Monday.
                                
 Story: [ID:nLDE6491OW] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 CPI IN LINE: Czech consumer prices rose by 0.3 percent in
April from the previous month exactly in line with market
expectations while unemployment slumped beyond expectations as
the economy recovered.
                                
 Story: [ID:nLDE6490CC] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CBANK ON CPI: A higher-than-expected growth in fuel and food
prices was the main reason for Czech April inflation to rise
above the central bank's forecast, the bank said on Monday.
                                
 Story: [ID:nPRG004116] Related news: [RTRS-LEN-CZ-CEN]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>    --      1232.8    7.52       10.34
 vs Euro    <EURCZK=>  25.564    25.565    0           2.86
 vs Dollar     <CZK=>  20.103    19.93    -0.87       -9.39
 U.S. Equities <.DJI>  10785.14  10380.43  3.9         3.42
 Pvs close or current levels vs prior domestic close at 1500 GMT

==========================PRESS DIGEST========================
                                
 EUROBOND: The Czech Republic can go ahead with a
euro-denominated bond when the situation on markets starts to
improve, Finance Minister Eduard Janota said.
                                
 Hospodarske Noviny, page 3
                                
 
                                
 Reuters has not verified the media reports, nor does it
vouch for their accuracy.
                                
 
                                
 For Instant Views of key economic data click on
                                
[CZ/INSTANT]
 For summary of economic data and forecasts          <CZ/ECON01>
 For diary of forthcoming Czech events                [CZ/DIARY]
 For calendar of east European economic indicators  [CONV/DIARY]
 TOP NEWS -- Emerging markets                         [TOP/EMRG]
 TOP NEWS -- Convergence watch                        [TOP/EAST]

 For an economic indicator diary for the euro zone, the United
 States and other Group of Seven countries see         <G7TODAY>

 For real-time stock market index quotes click in brackets:
 Warsaw WIG20 <.WIG20>  Budapest BUX <.BUX>  Prague PX <.PX>

                                
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 E-mail: prague.newsroom@reuters.com