Slovakia - Factors To Watch on Nov 26

26.11.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Here are news stories, press reports and events to watch which may affect Slovak financial markets on Monday. NO-CONFIDENCE VOTE ...

...The parliament will hold a no-confidence vote in its 
Chairman Pavol Paska 1300 GMT. 
     
    NUCLEAR ENERGY FORUM 
    A two-day European Nuclear Energy Forum will start in 
Bratislava. EU Energy Commissioner Andris Piebalgs, Slovak Prime 
Minister Robert Fico, Czech Prime Minister Mirek Topolanek to 
attend. 
    News conference 1330 GMT. 
     
    SMER MEETING 
    Leadershipf of Prime Minister Robert Fico's Smer party will 
meet on Monday evening to debate current political issues. 
     
    BOND AUCTION 
    The Debt and Liquidity Management Agency will auction 
19-year, 4.5 percent state bonds on behalf of the finance 
ministry. 
     
    HZDS PARTY STAYS IN GOVT, TENSION REMAINS  
    Slovak HZDS party agreed on Saturday to stay in government 
despite a deep rift with Prime Minister Robert Fico, but 
tensions threatening to break up the ruling coalition remained 
high. 
    [ID:nL24727868] [RTRS-POL-DVD-DBT-EUR-SK] 
     
    CBANK CHIEF SAYS NO NEED TO CHANGE RATES 
    Slovak interest rates are appropriately set at the moment 
and there is no need for a  change, central bank Governor Ivan 
Sramko said on Friday. 
    [ID:nL23152765] [RTRS-CEN-PLCY-INT-SK] 
     
    PM SACKS MINISTER, COALITION TENSION HIGH 
    Slovak Prime Minister Robert Fico asked the country's 
president on Friday to dismiss his farm minister over a scandal 
involving land deals, deepening a row that may break up the 
three-party ruling coalition. 
    [ID:nL23548916] [RTRS-POL-DVD-DBT-EUR-SK] 
     
    PSA CHIEF SAYS NO IMPACT OF CREDIT CRUNCH ON SALES 
    The global credit crunch has so far had no impact on PSA 
Peugeot Citroen  sales, Chief Executive Christian 
Streiff said on Friday. 
    [ID:nL23328140] [RTRS-LOA-AUT-CARM-SK] 
     
    PSA CHIEF SEES RUSSIA PLANT DECISION AT YEAR-END 
    PSA Peugeot Citroen  will decide at the end of this 
year where it will start production in Russia and whether the 
car maker will invest alone or with a partner, Chief Executive 
Christian Streiff said on Friday. 
    [ID:nL23293330] [RTRS-LOA-AUT-CARM-SK] 
     
    CBANK FOREX RESERVES RISE TO $19.2 BLN 
    The Slovak central bank's (NBS) foreign currency reserves 
rose to $19.163 billion as of Nov. 21, from $18.987 billion a 
week ago, the bank said on Friday. 
    [ID:nL2379931] [RTRS-MMT-FRX-CEN-SK] 
     
    CROWN HITS 5-WK LOW ON REGION, EYES GOVT ROW 
    The Slovak crown weakened to a five-week low against the 
euro early on Friday, influenced by negative sentiment emerging 
on markets, keeping government political tensions in focus, 
traders said. 
    [ID:nL23622445] [RTRS-MMT-FRX-SK] 
     
    PRESS DIGEST 
    ------------ 
    FICO WARNS HZDS 
    Prime Minister Robert Fico has repeatedly warned his 
coalition partner HZDS not to vote to dismiss Parliament 
Chairmam Pavol Paska. Fico said Paska's removal in the 
no-confidence motion due on Monday would be the end of the 
ruling coalition. 
    Sme, page 1 
     
    MECIAR WANTED TO LEAVE 
    Vladimir Meciar wanted his HZDS party to leave the ruling 
coalition after a clash with Prime Minister Robert Fico, but 
most party officials at a weekend congress preferred to stay in 
the government. 
    Pravda, page 3 
     
    EU TO STUDY LAW ON RETAILER  
    The European Commission will study a Slovak draft law 
designed to limit margins of large retailers. The government 
wants the law to prevent jumps in food prices. 
    Sme, page 7 
     
    ZABKA IN SLOVAKIA 
    The Slovak-based investment group Penta plans to enter 
Slovak food market with Polish grocery chain Zabka in 2008. 
Penta acquired Zabka for 3.7 billion Czech crowns ($204.8 
million) in May. 
    Sme, page 7 
     
    LIMITS ON INTERESTS 
    The finance ministry has prepared a draft law to limit 
interest rates on consumer loans to protect Slovaks from usury. 
    Pravda, page 30 
     
    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=18.07 Czech Crown) 
  

[BRATISLAVA/Reuters/Finance.cz]

Autor článku

Peter Laca  

Články ze sekce: Zpravodajství ČTK