Slovakia - Factors To Watch on Oct 23

...central bank will hold the regular two-week repo tender 
to drain liquidity from the money market. 
     
    FICO AT CONFERENCE 
    Prime Minister Robert Fico will address a conference on 
European Union competitiveness held in the northern town of 
Zilina, 1000 GMT. 
     
    HEAT PRICES 
    The association of heat producers will hold a news 
conference on 2008 prices, 0800 GMT. 
     
    PARLIAMENT SESSION 
    Parliament will continue its regular monthly session, 0700 
GMT. 
     
    EUROSTAT UPS SLOVAK DEFICIT, EURO ENTRY ON TRACK 
    Slovakia was told by the European Union's statistics office 
on Monday to include more items in its public finances, but 
analysts said the changes were less than feared and should not 
impact euro entry in 2009. 
    [ID:nL22132586] [RTRS-POL-EUR-SK] 
     
    FINMIN: NO MAJOR IMPACT FROM BUDGET CHANGE 
    Slovak fiscal projections will not have to change 
significantly in 2007 because of budget method changes 
recommended by Eurostat, the European Union's statistical 
service, the Slovak Finance Ministry said on Monday. 
    [ID:nL22469477] [RTRS-GVD-DBT-SK] 
     
    ENEL'S SLOVAK UNIT SE SIGNS 800 MLN EURO LOAN 
    Slovakia's dominant power producer Slovenske Elektrarne 
(SE), controlled by Italy's Enel , said on Monday it 
had signed an 800 million euro ($1.14 billion) loan to finance 
several investment projects. 
    [ID:nL22323948] [RTRS-BANK-FINS-ELG-SK] 
     
    CROWN DOWN ON EMRG MKT MOOD, EUROSTAT HELPS 
    The Slovak crown slid against the euro on Monday as the mood 
on emerging markets turned sourer, but positive news about how 
the budget deficit is to be recalculated helped to limit the 
losses, dealers said. 
    [id:nL22332799] [RTRS-MMT-FRX-SK] 
     
    PRESS DIGEST 
    ------------ 
    PRUDENT FISCAL POLICY 
    Deputy Finance Minister Frantisek Palko said the government 
would continue with prudent fiscal policy to keep Slovakia on 
track to meet the 2009 euro adoption target. 
    Pravda, page 1 
     
    EUROSTAT MAY RULE ON HIGWAY COMPANY 
    Eurostat may still decide to include the state highway 
company into the public finances, which would boost fiscal 
deficit, finance ministry sources said. However, the finance 
ministry has said that even the most negative scenario would not 
pose a risk to euro adoption target. 
    Sme, page 1 
     
    HIGHER DIESEL FUEL PRICES 
    Prices of diesel fuels will rise by 0.4 crown ($0.016) per 
litre effective Oct. 23 due to sharp increase of world oil 
prices. Petrol fuel prices will stay unchanged. 
    Sme, page 7 
     
    BRATISLAVA AIRPORT 
    The Transport Ministry has sacked the director Bratislava 
airport, Frantisek Stolarik, due to unsatisfactory results. 
    Sme. page 7 
     
    SWEDWOOD TO UP SLOVAK INVESTMENT 
    Swedwood Slovakia, the member of the world's largest 
furniture retailer IKEA  group, is expected to invest 
further 1 billion crowns ($42.16 million) in the coming five 
years and double its production capacities. 
    Hospodarske Noviny, page 11 
     
    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=23.72 Slovak Crown) 
 ($1=23.72 Slovak Crown) 
  

[BRATISLAVA/Reuters/Finance.cz]