Czech Republic - Factors To Watch on June 4

                                
 PRAGUE, June 4 (Reuters) - 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....................<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 - President Vaclav Klaus to meet Civic Democrat (ODS)
leader Petr Necas (0800 GMT); Social Democrat (CSSD) acting
leader Bohuslav Sobotka (0900 GMT).
                                
 Related news: [RTRS-LEN-CZ-POL-VOTE]
  * For a Take a Look on the Czech Parliamentary Elections,
click on: [ID:nLDE6301ED]
                                
 
==========================TOP NEWS============================
                                
 CEE MARKETS: Central European government bonds and
currencies retreated on Thursday as an unsuccessful Romanian
bond auction and comments from Hungarian officials reminded
about uncertainty over state budgets in the region.
                                
 Story: [ID:nLDE6520FC] Related News [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE FX POLL: Central European currencies, are seen posting
strong gains over the next 6-12 months, led by the zloty,
bouncing back after the past weeks' falls caused by the euro
zone debt crisis, a Reuters poll of analysts showed.
                                
 Story: [ID:nL7198148] Related News [RTRS-LEN-CZ-FRX]
                                
 
                                
 CEE POWER: Czech spot power prices jumped on Thursday
following a holiday in the region while contracts along the
curve were mixed with July delivery down but Cal '11 tracking
oil higher.
                                
 Story: [ID:nLDE6521MB] Related News [RTRS-LEN-CZ-ENR]
                                
 
                                
 CEZ ENTERS RETAIL GAS MRKT: Czech power group CEZ -- central
Europe's biggest utility -- has entered the retail gas market in
its home country and hopes to carve out market share by offering
cheaper supplies bought on the spot market, it said on Thursday.
                                
 Story: [ID:nLDE65211V] Related News [RTRS-LEN-CZ-ENR]
                                
 
==========================PRESS DIGEST==========================
                                
 COALTION TALKS: Civic Democrat leader Petr Necas said he
expected to be asked to form a government when he meets with
President Vaclav Klaus on Friday, his second visit in two days.
The Civic Democrats together with two new centre-right parties
won a commanding majority in an election last weekend.
                                
 Lidove Noviny, page 1
                                
 
                                
 NEXT FINANCE MINISTER: The Civic Democrats' North Moravian
region leader Pavel Drobil is being talked about more as
possible finance minister in a new cabinet instead of likely
party choice Martin Kocourek. Former Finance Minister and TOP09
vice-chairman Miroslav Kalousek is another candidate.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 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
                                
 E-mail: prague.newsroom@reuters.com