Czech Republic - Factors To Watch on May 2

                                
 PRAGUE, April 30 (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 + 1 hours)

 ======================== ECONOMIC DATA ========================
                                
 PMI due out at 0730 GMT.
                                
 
                                
 End-April budget figures expected after 1000 GMT.
                                
 
                                
 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 Czech currency.............................[CZK/]
                                
 
========================= EVENTS ===============================
                                
 CEZ BUY-BACK - Power firm CEZ may complete a 10 percent
share buy-back.
                                
 Related news: [RTRS-LEN-CZ-ELG]
======================= TOP NEWS ===============================
                                
 CABINET WINS CONFIDENCE VOTE - The Czech government survived
a tight no-confidence vote on Wednesday initiated by the
left-wing opposition in protest of its fiscal reforms and plans
to host part of a U.S. missile defence system.
                                
 Story: [ID:nL30841276] Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 INFLATION, GDP SAEEN COOLING - Czech inflation probably fell
further from nine-year highs in April but remained close to the
top limit of the central bank's forecast range, a Reuters poll
showed on Wednesday, supporting the case for stable interest
rates.
                                
 The poll showed first quarter gross domestic product growth
slowing to 5.7 percent from 6.6 percent in the final three
months of 2007 as the economy cools on lower domestic demand.
                                
 Story: [ID:nL30382160] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CME POSTS STRONG RESULTS - Revenue at television group
Central European Media Enterprises (CME) <CETV.O> <CETVsp.PR>
jumped above expectations in the first quarter on higher
advertising prices and a weaker dollar.
                                
 Story: [ID:nL30922204] Related news: [RTRS-LEN-CZ-RES]
                                
 
                                
 AFGHAN ATTACK: An explosion killed one Czech soldier and
wounded four others in the Afghan province of Logar on
Wednesday, the Czech general staff said.
                                
 [RTRS-LEN-CZ-POL]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,609.8  1,582.7   +1.71        -11.31
 vs Euro     <EURCZK=>  25.305   25.217   -0.35         +4.72
 vs Dollar      <CZK=>  16.365   16.111   -1.51        +11.08
 U.S. Equities  <.DJI>  13,010   12,820   +1.48         -1.92
 Pvs close or current levels vs prior domestic close at 1500
                                
 
======================= PRESS DIGEST ==========================
                                
SCHOOL REFORM: Universities should change their management to
include businessmen and local political representatives in order
to bring in private money and pursue closer connection with
business.
                                
 Hospodarske Noviny, page 1.
                                
 
                                
 CAR IMPORT PRICES DROP: Audi has cut its prices due to the
crown currency's firming. 
                                
 Hospodarske Noviny, page 17.
                                
 
                                
 CZECH FIRMS TO BUILD SUGAR MILL IN EGYPT: Czech firms
Texchnoexport and ZVU Potez will build a 3.75 billion crown
sugar plant in Egypt.
                                
 Hospodarske Noviny, page 17.

                                
 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 +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Reporting by Martin Dokoupil)