• Czech National Bank governor Zdenek Tuma considers planned fiscal reform of public finances as a step in the right direction. On the other hand, this step does not guarantee long-term stability of public finances. • Slovak rates unchanged. National Bank of Slovakia remained its prime rate at 4.25% which is according to expectations. Governor Sramko indicated that further rates development depends on new economy data. • Chinese government increased administrative fee from trading with shares. It is trying to cool down rumours which are dragging local market up. • Industrial producers‘ index in Hungary increased by 0.1% in April which represents a significant deceleration against 2.0% in March. • According to AP, US president Bush is going to propose Robert Zoellick (former Deputy Minister of Foreign Affairs) as the new boss of World Bank. • US consumers’ confidence index, put together by Conference Board, increased to 108 in May from 106.3 in April.