COMMUNISM - A coalition with the Communist Party of Bohemia and Moravia would scare off foreign investors and discourage them from spending money in the Czech Republic, a poll of analysts has told the Czech News Agency. A purely left-wing coalition might also have a negative impact on the country's accession to the European Monetary Union, suggested German analyst Dietmar Hornung.

EU - The Czech Republic is experiencing problems drawing money from the European Union. Katerina Mathernová, director of the European Commission's directorate general for regional policy, said that although the number of approved Czech projects is relatively high, the country is slow in signing and implementing contracts and getting cost approvals.

INVESTIGATION - The Securities Commission is investigating Alan Svoboda, chairman of the board of directors at CEZ, on suspicion of insider trading, Mladá fronta Dnes reports. Knowing the company would announce better-than-expected quarterly profits June 1, he purchased 7,500 shares of stock May 29 and sold them for profit on the day of the announcement.

ENERGY - CEZ is planning to achieve EU levels for electricity prices around the year 2010, Hospodárské noviny reported. According to CEZ spokesman Ladislav Kríz, growing demand for electricity and fear of a lack of resources in Europe is contributing to the price increase.

FINE - The Czech Republic and other EU newcomers are facing a European Commission fine for alleged excessive inventories of agricultural products entering the EU last May. Prime Minister Paroubek called the fine stupid and said there is no need to pay anything before the EU issues a relevant regulation.