Czech Republic - Factors To Watch on May 19

                                
 PRAGUE, May 19 (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....................<ECONCZ>
                                
 Previous stories on Czech data.............[CZ-RTRS-LEN-ECI]
                                
 Overview of economic data and forecasts..........<CZ/ECON15>
                                
 Updates on CEE currencies............................[CEE/]
============================EVENTS============================
                                
 AMSTERDAM - Coal mining firm New World Resources (NWR)
<NWRS.L> <NWRSsp.PR> to release first quarter results.
Presentation and conference call for investors and analysts at
0900 GMT.
                                
 Related News [RTRS-LEN-CZ-COA]
                                
 
                                
 LUXEMBURG - ECM Real Estate Investments <ECMPsp.PR> to
release first quarter results after markets hours.
                                
 Related News [RTRS-LEN-CZ-REA]
                                
 
=========================MORNING  NEWS========================
                                
 NWR SHOWS Q1 NET LOSS: Miner New World Resources (NWR)
<NWRS.L> <NWRSsp.PR> posted a 14.5 million euro net loss in the
first quarter, missing analyst expectations for a second
straight quarterly profit.
                                
 Story: [ID:nPRG004143] Related News [RTRS-LEN-CZ-COA]
                                
 
==========================TOP NEWS============================
                                
 CHILLY WEATHER BOOSTS POWER PRICES: Cold weather in the
region pushed up spot Czech power prices on Tuesday but
forecasts for warmer weather sent the week-ahead contract
tumbling, traders said.
                                
 Story: [ID:nLDE64H1WA] Related News [RTRS-LEN-CZ-ELG]
                                
 
                                
 AIRLINES TO PAY CO2 PERMITS: The Czech lower house of
parliament gave final approval on Tuesday to a law that will
require airlines to buy carbon dioxide pollution permits and
loosen rules for providing free permits to energy companies.
                                
Story: [ID:nLDE64H0Y2]  Related News [RTRS-LEN-CZ-CO2]
                                
 
                                
 CEE FX, BONDS RISE: Central Europe's currencies rose and
bond yields eased on Tuesday but dealers said regional assets
may still come under pressure due to the euro zone's debt crisis
and trade was likely to remain volatile. 
                                
 Story: [ID:nLDE64H0CY] Related News [RTRS-LEN-CZ-FRX]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>   1215,5      1215,5    1,88       8,79
vs Euro   <EURCZK=>    25,53    25,445    -0,33      2,99
vs Dollar    <CZK=>    20,978     20,57   -1,98       -14,15
 U.S. Equities <.DJI>  10510,95  10625,83  -1,08      0,79
 Pvs close or current levels vs prior domestic close at 1500 GMT
===========================PRESS DIGEST========================
                                
 BUDGET SUPERVISION: Finance Minister Eduard Janota said he
had no problem with consulting national budgets with the EU on
the level of finance ministers, for example.
                                
 Hospodarske Noviny, page 18
                                
 
                                
 NOVA BOSS REAFFIRMED: TV group CME <CETVsp.PR> prolonged a
contract with chairman of Czech TV Nova Petr Dvorak. It also
named him one of its five vice presidents.
                                
 Mlada Fronta Dnes, page C3
                                
 
                                
 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>

                                
 News editor of the day: Jan Lopatka on +420 224 190 474;
fax: +420 224 229 935
                                
 (Compiled by Jana Mlcochova)
                                
 E-mail: prague.newsroom@reuters.com