Czech Republic - Factors To Watch on May 14

                                
 PRAGUE, May 14 (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 + 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 - Minutes from the May 6 governing board meeting. The
bank will also release a quarterly inflation report at 0700 GMT.
                                
 Related news: [RTRS-LEN-CZ-PLCY]
                                
 
==========================TOP NEWS============================
                                
 CEE MARKETS: Central European currencies were mostly higher
on Thursday on the back of fresh austerity moves in the
debt-ridden euro zone, but markets in Romania lagged as a
government bond sale failed to find buyers.
                                
 Story: [ID:nLDE64C0CP] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 UNIPETROL SHARES HIT 20-MONTH HIGH: Shares in Unipetrol
<UNPEsp.PR> hit a 20-month high on Thursday after the Czech
downstream oil group swung to a bigger-than-expected
first-quarter net profit.
                                
 Story: [ID:nLDE64C06O] Related news: [RTRS-LEN-CZ-REFI]
                                
 
                                
 UNIPETROL OUTLOOK: Downstream oil processor Unipetrol's
<UNPEs.PR> chief financial officer said on Thursday he expected
a profit for the first half of the year but offered no specifics
about the current second quarter.
                                
 Story: [ID:nPRG004133] Related news: [RTRS-LEN-CZ-REFI]
                                
 
                                
 CEE POWER: Czech power futures fell on Thursday following
carbon, oil and other commodities down in a day of light
liquidity due to a holiday in neighboring Germany and Austria.
                                
 Story: [ID:nLDE64C1CR] Related news: [RTRS-LEN-CZ-ELG]
                                
 
                                
 PRAGUE POWER BOURSE: The Prague-based Power Exchange Central
Europe said on Thursday the previous day's trading of 807,005
megawatt hours marked the best day on the bourse since September
2007.
                                
 Story: [ID:nLDE64C14E] Related news: [RTRS-LEN-CZ-ENR]
                                
 
 ---------------------- MARKET SNAPSHOT ------------------------
 Index/Crown Currency  Latest    Prev    Pct change   Pct change
                                
                              close   on day       in 2010
 Czech Equities <.PX>    --      1225.4    -0.82         9.68
 vs Euro    <EURCZK=>  25.349    25.322    -0.11         3.68
 vs Dollar     <CZK=>  20.239    20.152    -0.43       -10.13
 U.S. Equities <.DJI>  10782.95  10896.91  -1.05         3.4
 Pvs close or current levels vs prior domestic close at 1500 GMT

==========================PRESS DIGEST========================
                                
 RENEWABLE INVESTMENT: Investor Mid Europa Partners bought a
share in renewable energy group Engery 21.
                                
 Hospodarske Noviny, page 22
                                
 
                                
 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>

                                
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