Slovakia - Factors To Watch on July 24

...    
    C.BANK REPO TENDER 
    The central bank will hold its regular two-week repo tender 
to drain crown liquidity from the money market. 
     
    PENSION CHANGES 
    The social affairs ministry will hold a news conference on 
planned changes to the pension system. 
     
    FITCH UPS SLOVAKIA CREDIT OUTLOOK ON EURO PROSPECTS 
    Ratings agency Fitch on Monday raised the outlook on 
Slovakia's 'A' sovereign credit rating to positive from stable, 
citing the likelihood that it would adopt the euro on schedule 
in 2009. 
    [ID:nL23569809] [RTRS-AAA-GVD-FRX-EUR-SK] 
     
    PRESS DIGEST 
    ------------ 
    STATE TO BOOST STOCK EXCHANGE STAKE 
    The National Property Fund, the state privatisation agency, 
will buy additional shares of the Bratislava Stock Exchange, 
boosting its stake to 75.94 from 74.2 percent. Analysts said the 
transaction was a waste of money as the state had already full 
control over the stock exchange. 
    Sme, page 2 
     
    MINIMUM WAGE TO RISE 
    The minimum wage should rise by 500 crowns to 8,100 crowns 
as of October, according to an agreement between employers and 
trade unions. 
    Sme, page 6 
     
    NO TO TAX HARMONISATION 
    The finance ministry maintains its opposition to any tax 
harmonisation within the European Union. The ministry says the 
current Slovak tax system is most favourable for the country. 
    Sme, page 7 
     
    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=24.04 Slovak Crown)