Czech Republic - Factors To Watch on May 29

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NO ECONOMIC DATA DUE FOR RELEASE

Previous stories on Czech data............[CZ-RTRS-LEN-ECI]

Overview of economic data and forecasts.........

Real-time economic indicators.....................

FISCAL REFORM

Prime Minister Mirek Topolanek, Finance Minister Miroslav Kalousek and central bank (CNB) Governor Zdenek Tuma speak at a seminar on the government's plan to revamp public finances in the Senate, the upper house of parliament. The seminar starts at 1 p.m. (1100 GMT).

Related news: [RTRS-LEN-CZ-POL-GVD]

FACTBOX on proposed fiscal measures.........[ID:nL23359860]

ECM SHAREHOLDERS' MEETING

Property group ECM holds an extraordinary shareholders' meeting.

ECM Q1 PROFITS PLUNGE

ECM Real Estate Investments reported a 64.7 percent drop in first-quarter net profit to 821,000 euros ($1.1 million) due to increased expenses stemming from a corporate reorganisation.

Story: [nPRA001314]

Related news: [RTRS-LEN-CZ-ECMPsp.PR]

NEW FOXCONN PLANT

Taiwanese electronics firm Foxconn, a unit of Hon Hai , has confirmed a plan to build its second liquid crystal displays and computer components factory in the Czech Republic, the CTK news agency reported.

Story: [nL28357495]

Related news: [RTRS-LEN-CZ-2317.TW]

CROWN MIRED AT 3-MONTH LOWS

The Czech crown steadied near 3-month lows against the euro on Monday, with investors awaiting Thursday's central bank (CNB) meeting to see whether policymakers deliver a widely-expected interest rate rise.

STORY: [nL28341138]

Regular updates on crown moves: [CZK/]

CBANKER ABSENCE INCREASES RATE HIKE LIKELIHOOD

A quarter of a percentage point interest rate rise looks nearly certain on May 31 due to the absence of a dovish-leaning Czech central bank (CNB) policymaker at a monthly policy meeting, a Reuters poll showed on Friday.

News report: [ID:nL25550817]

TABLE of forecasts: [ID:nL25394000]

Past results of the monthly survey: [CZK/POLL]

For Instant Views of key economic data click on [CZ/INSTANT] For summary of economic data and forecasts 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

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News editor of the day: Alan Crosby on +420 224 190 477; fax: +420 224 229 935

E-mail: prague.newsroom@reuters.com

Reuters Messaging: alan.crosby.reuters.com@reuters.net

[PRAGUE/Reuters/Finance.cz]