Czech Republic - Factors To Watch on June 1

                                
 PRAGUE, June 1 (Reuters) - Here are news stories, press
reports and events to watch which may affect Czech financial
markets on Monday:
                                
 ALL TIMES GMT (Czech Republic: GMT + 2 hours)

======================== ECONOMIC DATA ========================
                                
 Purchasing Managers' Index (PMI) for May due out at 0730
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 CEE currencies.............................[CEE/]
=========================EVENTS=================================
                                
 PRAGUE - End-May budget balance data and a detailed calendar
for the issuance of domestic state bonds in the seventh month of
2009.
                                
 Related news: [RTRS-LEN-CZ-GVD]
                                
 
                                
 PRAGUE - The Czech cabinet to hold a session. News
conference to follow.
                                
 Related news: [RTRS-LEN-CZ-POL]
                                
 
                                
 PRAGUE - Czech Foreign Minister Jan Kohout to meet his
Germany counterpart Frank-Walter Steinmeier at 1600 GMT.
                                
 Related news: [RTRS-LEN-CZ-DIP]
                                
 
=========================TOP NEWS===============================
                                
 INDUSTRY FALLS: Czech industry output fell by 23.2 percent
year-on-year in April, returning to a near record pace of
decline after a brief respite in March and dashing economists'
hopes of a brighter second quarter.
                                
 Story: [ID:nLT406531] Related news: [RTRS-LEN-CZ-ECI]
                                
 
                                
 CEE UP: Investors seeking higher-yielding and riskier assets
lifted the value of central European currencies against the euro
on Friday, with Hungary's forint and Poland's zloty among the
region's biggest gainers.
                                
 Story: [ID:nLT568968] Related news: [RTRS-LEN-CZ-FRX]
                                
 
                                
 NUCLEAR JV: Slovakia and the Czech Republic signed
agreements on Friday to build a nuclear reactor in Slovakia at
an estimated cost of 4-6 billion euros ($5.6-$8.4 billion) to
increase the country's energy independence.
                                
 Story: [ID:nLT283297] Related news: [RTRS-LEN-CZ-ENR]
                                

=========================PRESS DIGEST===========================
                                
 GENERALI-PPF FUND: Czech privately owned investment group
PPF will launch a new investment fund PPF Partners operated
jointly with Italy's Generali <GASI.MI>. Founders of the fund
will put in 40 billion crowns ($2.08 billion) this year. The
fund will specialise in investing in central and eastern Europe.
                                
 Hospodarske Noviny, page 17
                                
 
                                
 FISCHER GOVT: The leading opposition party Social Democrats
will likely back the interim government of Jan Fischer in a
confidence vote scheduled for June 7, Social Democrat chairman
Jiri Paroubek said. He also said main highlights of his party's
pre-election campaign include reinstatement of progressive
taxation and returning the corporate income tax to higher levels
from 2008.
                                
 E15, page 18
                                
 
                                
 THE POPE: Pope Benedict will visit the Czech Republic from
September 26 till September 28.
                                
 Mlada Fronta Dnes, page A6
                                
 
                                
 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)