Czech Republic - Factors To Watch on May 5

                                
 PRAGUE, May 5 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Tuesday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hour)

======================== 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 - The lower house of parliament to continue a
session. Constitutional law on shortening electoral term for the
lower house and package of anti-crisis measures on the schedule.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 PRAGUE - On-line interview with Prime Minister Mirek
Topolanek on Web site www.eu2009.cz at 0700 GMT.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 PRAGUE - Czech Prime Minister Mirek Topolanek to meet his
Slovak counterpart Robert Fico (1000 GMT).
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
                                
 PRAGUE - European Union's conference "Eastern Partnership:
Towards Civil Society Forum". The main objective of the
conference will be to facilitate dialogue of civil society of EU
Member States and Eastern Partnership countries on the
importance, content and practical implementation of the
initiative and formulate specific recommendations for its
dynamic development.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
========================TOP NEWS===============================
                                
 BOND ISSUES: The Czech Republic unveiled plans to issue 90
billion crowns ($4.47 billion) in domestic bonds over the rest
of the year, showing no signs of easing local borrowing despite
a return to foreign currency debt markets in April.
                                
 Story: [ID:nL4596561] Related news: [RTRS-LEN-CZ-DBT]
                                
 
                                
 TUSSLE OVER FINANCE POST: Leading Czech politicians wrangled
over a new finance minister on Monday as the budget gap
ballooned, highlighting the need to find a candidate to keep
spending in check ahead of early elections planned for October.
                                
 Story: [ID:nL42284] Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 EASTERN RECESSION: All of the European Union's eastern
members will fall into recession this year and some could lose
control of swelling budget deficits, jarring their plans to
adopt the euro, the bloc's executive said on Monday.
                                
 Story: [ID:nL4122638] Related news: [RTRS-LEN-CZ-MCE]
                                
 
                                
 CEE FX UP: Central Europe's currencies gained on Monday as
investors saw signs that the region's downturn is easing and a
stock market rise fuelled hopes that the global economy is
healing faster than expected.
                                
 Story: [ID:nL4548682] Related news: [RTRS-LEN-CZ-FRX]
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2008
 Czech Equities  <.PX>   000.0    903.7   +0.00           n/a
 vs Euro     <EURCZK=>  26.540   26.525   +0.00         -0.15
 vs Dollar      <CZK=>  19.841   19.763   -0.03         -8.45
 U.S. Equities  <.DJI>  08,427   08,212   +2.61        -36.47
 Pvs close or current levels vs prior domestic close at 1500

==========================PRESS DIGEST=========================
                                
 LISBON: The Lisbon treaty will be approved by the Senate in
a vote this week as a constitutional majority in the upper house
needed for ratification of the EU reform treaty supports the
document, the paper reports citing its own poll of Senators.
                                
 Hospodarske Noviny, page 18
                                
 
                                
 GOVT DEBT: The Parliament should allow for the government to
issue more bonds than earlier planned as increased spending
could bloat the state budget gap above 150 billion crowns ($7.45
billion), Deputy Finance Minister Eduard Janota said.
                                
 Hospodarske Noviny, page 1
                                
 
                                
 EU PRESIDENCY: It is not decided yet whether the new Prime
Minister Jan Fischer or President Vaclav Klaus will chair the
June European Council meeting, Fischer said.
                                
 Hospodarske Noviny, page 2
                                
    
                                
 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
  (Compiled by Jana Mlcochova)