Czech Republic - Factors To Watch on May 6

                                
 PRAGUE, May 6 (Reuters) - 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....................<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 - RWE Transgas CR to hold a news conference with CEO
Martin Herrmann at 0800 GMT.
                                
 Related news: [RTRS-LEN-CZ-ELG]

                                
 PRAGUE - 26-week T-bill auction.
                                
 Related news: [RTRS-LEN-CZ-DBT]

                                
 PRAGUE - Czech central bank governing board to meet on
interest rates. An announcement is expected at 1100 GMT with a
news conference to follow at 1230 GMT. Sixteen out of 19
analysts in a Reuters survey expect stable rates.
                                
 Related news: [RTRS-LEN-CZ-PLCY]
========================MORNIGN NEWS==========================
                                
 CZECHS TO ISSUE LESS DEBT IN EURO BONDS: The Czech
government plans to cut euro bond issuance to 28 percent of
overall issuance this year, which is seen at 280 billion crowns
($14 billion), Finance Minister Eduard Janota was quoted on
Thursday as saying.
                                
 Story: [ID:nPRG004100] Related news: [RTRS-LEN-CZ-DBT]
                                
 
==========================TOP NEWS============================
                                
 CROWN SLIPS FURTHER: The Czech crown dropped 0.6 percent on
Wednesday to hit 26.00 per euro, hitting the lowest level since
Feb. 26.    
                                
 Story: [ID:nPRG004098] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 CME UNVEILS GUIDANCE: Central European Media Enterprises
(CME) <CETV.O> <CETVsp.PR> expects to earn $790 million to $820
million in revenue in 2010, up from $714 million last year, it
said on Wednesday.
                                
 Story: [ID:nPRG004096] Related news: [RTRS-LEN-CZ-RESF]
                                
 
                                
 CME Q1 LAGS FCASTS: Broadcaster Central European Media
Enterprises (CME) expects revenue to rise at least 10 percent
rise and core profit to double in a flat ad market in 2010, it
said on Wednesday after falling short of expectations on first
quarter earnings.
                                
 Story:[ID:nLDE64321F] Related news: [RTRS-LEN-CZ-RES]
                                
 
                                
 CZECHS SELL 2 MLN CO2 RIGHTS TO MITSUI: Nabucco shareholder
RWE <RWEG.DE> said on Tuesday it has pushed back an expected
signing of a supply deal with Turkmenistan to the second half of
the year, the latest bump for the EU-backed pipeline project.
                                
 Story: [ID:nLDE6441HS] Related news: [RTRS-LEN-CZ-CO2]
                                
 
                                
 PRELIM DATA SHOWS UNEMPLOYMENT FELL:The Czech unemployment
rate dropped for a second month in a row in April to 9.2 percent
according to preliminary data, Labour Minister Petr Simerka was
quoted as saying on Wednesday.
                                
 Story: [ID:nLDE6441LH] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 COMMUNISTS READY TO BACK LEFT-WING GOVT: The Czech Communist
Party (KSCM) is ready to negotiate support for a left-wing
government after election later this month, and would push for
higher taxes and pensions, the party's chief said.
                                
 Story:[ID:nLDE6440ZO] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 KOMERCNI Q1 ABOVE FCAST: Czech lender Komercni Banka
<BKOMsp.PR> lifted first quarter net profit by more than a
tenth through hefty cuts in bad debt provisions which it said
would remain the key earnings driver for the rest of the year.
                                
 Story:[ID:nLDE6440FB] Related news: [RTRS-LEN-CZ-RES]
                                
 
                                
 EASTERN EUROPE TO SHOW GROWTH: A stronger than expected
global recovery will help lift most of the European Union's
newer eastern members out of recession in 2010, although some
will continue to struggle with heavy fiscal burdens.
                                
 Story:[ID:nLDE64413I] Related news: [RTRS-LEN-CZ-CEEU]
                                
   
                                
 CEE FX WEAK: The Polish zloty, emerging Europe's most liquid
currency, briefly touched 3-month lows on Wednesday after
growing risk aversion sparked by the euro zone's worsening debt
woes prompted investors to move funds to safer havens. 
                                
 Story:[ID:nLDE6440JU] 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>  1194,8    1194,8    -4,88       6,94
vs Euro   <EURCZK=>    26,12     25,353    -3,03       0,75
vs Dollar    <CZK=>    20,431     18,982   -7,63       -11,18
 U.S. Equities <.DJI>  10868,12  10926,77  -0,54       4,22
 Pvs close or current levels vs prior domestic close at 1500 GMT
==========================PRESS DIGEST========================
                                
 MORE JOB CUTS TO COME: About a quarter of Czech companies
plan to make further job cuts, while 18 percent of companies
plans to raise the number of employees, a survey by
Confederation of Industry showed. More than a half of companies
plans no change in the nearest future.
                                
 Pravo, page 14
                                
 
                                
 LEFTIST LEADER ATTACKED: The Social Democrats economic
expert and former finance minister Bohuslav Sobotka was punched
in the face at an election rally.
                                
 Hospodarske Noviny, page 5
                                
 
                                
 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