Czech Republic - Factors To Watch on June 5

                                
 PRAGUE, June 5 (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 Czech currency.............................[CZK/]
                                
 
========================= EVENTS ===============================
                                
 PRAGUE - The lower house of parliament continues a session.
Agenda includes a pension reform.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                
 Related news: [RTRS-LEN-CZ-PLCY]
                                
 
                                
 PRAGUE - State-owned Czech Airlines (CSA) to hold a news
conference on strategy for 2009-2013 with Chairman Radomir Lasak
and member of the board for economy Lubos Cerny at 0800 GMT.
                                
 Related news: [RTRS-LEN-CZ-AIR]

                                
 AMSTERDAM - Drug maker Zentiva <ZNTVsp.PR> to hold annual
shareholders meeting.
                                
 Related news: [RTRS-LEN-CZ-DRU]
                                
 
                                
 PRAGUE - Conference "Visegrad Group and the Czech
EU-Presidency" with Deputy prime Minister Alexandr Vondra
opening speech at 1100GMT.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
======================= TOP NEWS ===============================
                                
 ZENTIVA BID: Czech investment group PPF can launch its
planned 950 crowns per share bid for generic drugs maker Zentiva
<ZNTVsp.PR>, the central bank (CNB) said on Wednesday.
                                
 Story: [ID:nL04885383 ] Related news: [RTRS-LEN-CZ-DRU]
                                
 
                                
 CEZ EYES TURKEY: Czech power firm CEZ <CEZPsp.PR> said on
Wednesday it would form a consortium with Turkey's Akenerji
<AKENR.IS> and its parent firm Akkok to bid for Turkey's power
distribution companies due to be sold in a privatisation tender.
                                
 Story: [ID:nL04924292] Related news: [RTRS-LEN-CZ-EQTY]
                                
 
                                
 CROWN JUMPS: The Czech crown hit 24.605 to the euro late on
Wednesday, the highest level since a record high in April which
came in thin offshore trading.
                                
 Story: [ID:nL04406283 ] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 BOND AUCTION: The Czech Finance Ministry sold 4.21 billion
crowns ($264.1 million) worth of the 4.70 percent coupon
government bonds <CZ1001945=> <CZ15YT=RR> in the first,
competitive round, and 62.0 million crowns worth of the paper in
the second, non-competitive round.
                                
 Story: [ID:nPRA001950] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 U.S. RADAR: Public opposition to a planned U.S. missile
defence radar in the Czech Republic rose to the highest level
this year in May, an opinion poll showed on Wednesday, raising
pressure on the government struggling to find political support
for the base.
                                
 Story: [ID:nL04933458] Related news: [RTRS-LEN-CZ-POL]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX> 1,648.2  1,669.8   -1.29         -9.20
 vs Euro     <EURCZK=>  24.640   24.660   +0.08         +7.55
 vs Dollar      <CZK=>  15.958   15.958   +0.01        +13.87
 U.S. Equities  <.DJI>  12,390   12,403   -0.10         -6.59
 Pvs close or current levels vs prior domestic close at 1500

====================== PRESS DIGEST ============================
                                
GOVT LOSES SUPPORT: The Czech government lacks support in
parliament to push through approval of a U.S. missile defence
radar and its major reforms, including the next stages of tax
and health reforms.
                                
 Hospodarske Noviny, page 1.
                                
 
                                
 MILK PRODUCTION: Czech milk producers will cut milk
deliveries by 50 percent on Friday to support their German
colleagues.
                                
 Hospdarske Noviny, page 15
                                
 
                                
 UNIPETROL OUTPUT: A unit of Czech refiner Unipetrol
<UNPEsp.PR> will raise benzene production to 25,000 tonnes per
year, from current 21,000.
                                
 Hospodarske Noviny, page 16
                                
 
                                
 PRAGUE AIRPORT SALE: The city of Prague will acquire a 34
percent stake in the Prague Airport ahead of its privatisation
next year.
                                
 E15, 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 +420 224 190 477;
fax: +420 224 229 935
                                
 E-mail: prague.newsroom@reuters.com
 (Compiled by Jana Mlcochova)