Slovakia - Factors To Watch on Nov 7

...   The government will hold its regular weekly meeting. The 
agenda includes a finance ministry report on trends in public 
finances and the economy in January-September. 
     
    Q3 GDP GROWTH SEEN SLOWING TO 8.6 PCT 
    Slovak economic growth probably decelerated in the third 
quarter due to lower car production, a Reuters poll showed on 
Tuesday, but the country was expected to remain one of EU's 
fastest rising economies. 
    [ID:nL06499789] [RTRS-MCE-ECI-TRD-SK] 
    [ID:nL06332454] [RTRS-MCE-ECI-SK] 
     
    CBANK SEES ROOM FOR FASTER FISCAL GAP CUTS 
    Slovakia's growing economy could allow the elimination of 
the country's fiscal deficit earlier than currently planned, 
Central Bank Governor Ivan Sramko said on Tuesday. 
    [ID:nL0627896] [RTRS-EUR-POL-PLCY-SK] 
     
    CBANK DRAINS SKK 152.6 BLN IN REPO TENDER 
    The Slovak central bank (NBS) accepted all bids in a regular 
two-week repo tender on Tuesday, draining 152.555 billion crowns 
($6.63 billion) from the market, NBS data showed. 
    [ID:nL0682977] [RTRS-MMT-CEN-INT-SK] 
     
    PRESS DIGEST 
    ------------ 
    PENSION SYSTEM LAW 
    President Ivan Gasparovic will return to parliament the bill 
designed to alter the pension system and free more money in the 
state budget due to contradictory clauses. 
    Sme, page 1 
     
    WAGE GROWTH CAP 
    The government seeks an agreement with trade unions and 
employers to prevent too fast wage growth next year. The cabinet 
wants to minimise price growth after the planned euro adoption 
in 2009. 
    Sme, page 1 
     
    NO-CONFIDENCE MOTION 
    The main opposition parties will call an extraordinary 
parliamentary session to hold a no confidence vote against the 
Chairman of the Parliament, Pavol Paska. The opposition has 
criticised Paska for ordering editing out a controversial part 
of a law approved by deputies. 
    Pravda, page 4 
     
    EURO ENTRY CONFIDENCE UP 
    The likelihood of euro adoption in 2009 rose to 71 percent 
in October, from 70 percent in September, a poll of analysts by 
the private think-tank INEKO showed. 
    Sme, page 6 
     
    GOOD FISCAL CONDITION 
    Favourable fiscal conditions are more a result of spending 
cuts rather than strong economic growth, Deputy Finance Minister 
Frantisek Palko said. 
    Hospodarske Noviny, page 9 
     
    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 
 
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 Market debt news     [DBT]   Forex news                   [FRX] 
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[BRATISLAVA/Reuters/Finance.cz]