Slovakia - Factors To Watch on Sept 3

...  
    STATE BOND AUCTION 
    The finance ministry's Debt and Liquidity Management Agency 
(ARDAL) will auction 3-year, zero-coupon state bonds. 
     
    ORANGE NEWS CONFERENCE 
    Slovakia's largest mobile phone operator, the unit of French 
Orange , will hold a news conference, 0800 GMT. 
     
    SLOVAKIA TO PAY BACK $101 MLN TO ITALY'S ENEL-PAPER 
    Slovakia has to pay compensation of 2.5 billion crowns 
($101.5 million) to ENEL  because the Italian power 
company overpaid when it bought 66 percent of Slovenske 
Elektrarne (SE) in 2006, a newspaper reported on Friday. 
    [ID:nL31471834] [RTRS-UTIL-ELC-SK] 
     
    CBANK FOREX RESERVES RISE TO $17.8 BLN 
    The Slovak central bank's (NBS) foreign currency reserves 
edged up to $17.847 billion as of Aug. 28 from $17.695 billion a 
week ago, the bank said on Friday.    
    [ID:nL31360179] [RTRS-CEN-FRX-SK] 
     
    CROWN SOFTER AFTER BERNANKE, LACKS TREND 
    The Slovak crown inched weaker against the euro on Friday 
alongside bigger regional peers, following a speech by U.S. 
Federal Reserve Chairman Ben Bernanke which boosted the dollar 
and pushed investors to unwind carry trades. 
    [ID:nL31751661] [RTRS-MMT-FRX-SK] 
     
    PRESS DIGEST 
    ------------ 
    BUS CRASH 
    News agency reports said six people died and 34 were injured 
in a bus crash in central Slovakia on Sunday night. Police have 
initially confirmed four dead. 
    Sme, page 1 
     
    SKY EUROPE TO LEAVE BUDAPEST, KRAKOW 
    The Slovakia-based low-cost airline, SkyEurope , 
will stop operating flights to and from Hungary's capital 
Budapest and Polish town of Krakow from Oct. 27, due to 
unfavourable market conditions. 
    Sme, page 7 
     
    HIGHWAY PROJECTS 
    Slovakia should start building 140 kilometres of highways 
and speedways, financed through the public-private partnership 
projects (PPP), in spring 2008. The government is expected to 
debate the timeframe and details of the plan on Wednesday. 
    Pravda, page 1 
     
    SLOVAK TELECOM TO INVEST $81 MLN 
    Slovakia's fixed-line operator Slovak Telecom, managed by 
Germany's Deutsche Telekom , said it planned to invest 
2 billions crowns ($81.10 million) in the second half of 2007 
and next year into a optic-cable networks. 
    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=24.79 Slovak Crown) 
 ($1=24.66 Slovak Crown)