Slovakia - Factors To Watch on June 28

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PPI DATA

The Statistics Office will publish producer price data for May, 0700 GMT. Analysts forecast producer price inflation of 0.1 percent on the month and 1.5 percent on the year in May.

QUESTION HOUR

Prime Minister Robert Fico and his ministers will answer queries from deputies during a regular question hour in parliament, 1200 GMT.

PARLIAMENT SESSION

Parliament will continue its regular monthly session. MPs are currently debating amendments to labour code.

C.BANK VICE GOVERNOR

The parliament is expected to vote on nomination of Viliam Ostrozlik to the post of a central bank vice governor.

CBANK LIKELY TO TURN HAWKISH AFTER ECB MEMO

The Slovak central bank (NBS) is likely to become more hawkish following a warning from the European Central Bank (ECB) over the inflation outlook ahead of planned euro zone entry in 2009.

[ID:nL27778710] [RTRS-CEN-PLCY-INT-SK]

FINMIN SEES NO SIGN OF FAILING EURO TESTS

The Slovak Finance Ministry sees no signs the country will not meet the criteria for the planned euro adoption in 2009, the state news agency TASR reported on Wednesday.

[ID:nL27695760] [RTRS-FRX-PLCY-SK]

CROWN REBOUNDS VS EURO IN VOLATILE TRADE

The Slovak crown closed slightly stronger to the euro in a volatile session on Wednesday after sour emerging market mood drove it down and Polish rate hike pushed it back up.

[ID:nL27804352] [RTRS-MMT-FRX-SK]

PRESS DIGEST

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SLOVAKIA TAKES EC TO COURT

Slovakia will file a lawsuit against the European Commission (EC) against its fine of 3.2 million euros for excessive reserves of rice, canned mushrooms and canned mandarines.

Sme, page 6

ECONOMY OPENNESS RISES

Slovakia's economy has become more open as foreign trade share on the gross domestic product (DGP) rose to 175.5 percent of GDP last year, up by 17 percentage points from 2005.

Sme, page 6

INFLATION CRITERION

Former reformist Finance Minister Ivan Miklos criticised government pressure on energy prices, saying such policy was threat to sustainable fulfilment of inflation criterion for euro adoption.

Sme, page 6

BRATISLAVA AIRPORT INVESTMENT $273 MLN

Investments into Bratislava Airport are expected to total 6 billion crowns ($237.1 million) over the next 4 to 5 years, the transportation ministry said.

Pravda, page 1

For news on upcoming events in the United States and other Group of Seven countries, see . For a diary of forthcoming Slovak events, double click [SK/DIARY], and a calendar of east European economic indicators, see [CONV/DIARY].

News editor of the day: Peter Laca, on +421 2 5341 8402; fax: +421 2 5341 8403

E-mail: editorial@reuters.sk

Reuters Messaging: peter.laca.reuters.com@reuters.net

For real-time index quotes, double click in brackets:

Warsaw WIG20 Budapest BUX Prague PX50 Other related news: Slovak equities [SK-E] E.Europe equities [.CEE] Slovak money [SK-M] Czech debt [CZ-D] Slovak Indicators [SK-ECI] Emerging forex [EMRG/FRX] Eastern European [EEU] All emerging markets [EMRG] Hot stocks [HOT] Stock markets [STX] Market debt news [DBT] Forex news [FRX] TOP NEWS -- Emerging markets [TOP/EMRG] TOP NEWS -- Convergence watch [TOP/EAST]

($1=25.31 Slovak Crown)