Slovakia - Factors To Watch on Aug 28

...MEETING 
    The central bank's policy-making board will hold its monthly 
monetary policy meeting. The central bank is widely expected to 
leave the main two-week repo rate on hold at 4.25 percent. 
     
    FICO IN UKRAINE 
    Prime Minister Robert Fico will meet his Ukrainian 
counterpart Viktor Yanukovich in the western Ukrainian town of 
Uzhgorod. 
     
    CURRENT ACCOUNT 
    The central bank will publish preliminary current account 
data for January-June, by 1500 GMT. 
     
    FOREIGN DEBT 
    The central bank will publish end-May foreign debt data, by 
1500 GMT. 
     
    PPI DATA 
    The Slovak Statistics Office will publish July producer 
prices data, 0700 GMT. Analysts had forecast a 0.2 percent 
monthly rise, for an annual growth rate of 1.0 percent. 
     
    REPO TENDER 
    The central bank will hold a regular two-week repo tender to 
drain money market liquidity. 
     
    PRESS DIGEST 
    ------------ 
    CREDIT CRUNCH HITS SLOVAK INVESTORS 
    The turmoil on global financial markets has hit Slovak 
investors exposed to stocks and investment funds. The largest 
Slovak fund, Tatra Asset Management, has lost 7.5 percent on the 
month. 
    Pravda, page 2 
     
    OTP EYES ACQUISITION 
    Hungary's largest retail bank, OTP <OTPB.BU., the owner of 
OTP Banka Slovensko , said it was considering buying 
another Slovak bank. Local media have reported OTP is interested 
in the Slovak Post Bank, but OTP declined to comment. 
    Pravda, page 18 
     
    SMK TENTIONS 
    Some members of the ethnic Hungarian Party (SMK) are 
considering forming a new political party in reaction to a shift 
in the party's policies following the election of Pal Csaky as 
party Chairman. 
    Sme, page 1 
     
    NEW KIA MODEL 
    South Korea's car maker Kia Motors Corp  is 
testing a new sport model Kia Pro_CEE'D, which was due to be 
presented in Geneva in September. The car is to be made in the 
Slovak assembly plant, starting from December. 
    Hospodarske noviny, page 13 
     
    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=24.88 Slovak Crown) 
  

[BRATISLAVA/Reuters/Finance.cz]