Slovakia - Factors To Watch on Sept 12

...
     
    GOVERNMENT MEETING 
    Government mmets at 0800 GMT. 
     
    PARLIAMENT SESSION 
    Parliament continues its regular monghtly session, 0700 GMT. 
     
    SOCCER- EURO 2008 QUALIFIER 
    Slovakia will play against Wales in a Group D Euro 2008 
qualifier. 
     
    FINMIN DISMISSES PM'S WARNING OVER EURO 
    Slovakia's finance minister dismissed on Tuesday worries 
over euro adoption sounded by the prime minister a day earlier, 
saying the 2008 budget outlook was not threatening to derail the 
country's drive to join the euro zone in 2009. 
    [ID:nL11893519] [RTRS-POL-GVD-EUR-SK] 
     
    AUG CPI STAYS AT 2-YR LOW, EURO TEST IN SIGHT 
    Slovak consumer prices edged up unexpectedly on the month in 
August, but analysts said the country is on track to meet a euro 
entry test and interest rates are set to stay on hold in the 
near term. 
    [ID:nL11633709] [RTRS-MCE-ECI-CEN-SK] 
    [ID:nL11530270] [RTRS-MCE-ECI-SK] 
     
    TRADE DATA TO IMPROVE ON METHODOLOGY CHANGE 
    Slovakia's 2006 and 2007 foreign trade balance is likely to 
improve as the Statistics Office is revising data due to 
methodology changes, the office said on Tuesday. 
    [ID:nL11848739] [RTRS-TRD-ECI-SK] 
     
    CBANK DRAINS SKK 154.3 BLN IN REPO TENDER 
    The Slovak central bank (NBS) accepted all bids in a regular 
two-week repo tender on Tuesday, draining 154.303 billion crowns 
($6.31 billion) from the market, NBS data showed. 
    [ID:nL11232441] [RTRS-MMT-CEN-INT-SK] 
     
    JULY TRADE GAP BELOW FCASTS 
    Slovakia's foreign trade balance showed a lower than 
expected deficit of 1.782 billion crowns ($72.91 million) in 
July, compared with a revised gap of 5.551 billion in June, the 
Statistics Office said on Tuesday. 
    [ID:nL11562391] [RTRS-TRD-FRX-SK] 
     
    CROWN HITS 2-WK HIGH AS U.S. RATES SEEN DOWN 
    The Slovak crown firmed to a two-week high against the euro 
on Tuesday, with dealers citing investors' expectations of a 
U.S. interest rate cut next week as the reason for the move. 
    [ID:nL11875489] [RTRS-MMT-FRX-SK-LEN] 
     
    PRESS DIGEST 
    ------------ 
    FINMIN SCEPTIC OVER HIGHWAY BULDING 
    The Finance Ministry hesitates to approve the government's 
highway building plan, as its experts say effects on state 
budget were still clouded. 
    Pravda, page 18 
     
    SLOVAKIA HEADS FOR ROW WITH ENEL 
    Slovak government is heading for a row with Italy's utility 
Enel , majority shareholder of the country's power firm 
Slovenske Elektrarne (SE), over an expected 2.5 billion crown 
($103.2 million) payback by the state, based on audit results. 
    Pravda, page 18 
     
    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: Martin Dokoupil on +421 2 5341 8402; 
fax: +421 2 5341 8403 
    E-mail: editorial@reuters.sk 
    Reuters Messaging: martin.dokoupil.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=24.23 Slovak Crown)