Slovakia - Factors To Watch on Oct 25

    BRATISLAVA, Oct 25 (Reuters) - Here are news stories, press 
reports and events to watch which may affect Slovak financial 
markets on Wednesday. 
     
    REGULAR GOVT MEETING 
    The government will hold it regular weekly meeting. 
     
    C.BANK SEEN RAISING RATES BY 25 BPS IN OCT 
    The Slovak central bank is expected to raise interest rates 
at the end of October as it needs to fight off inflationary 
risks that could endanger the goal of adopting the euro in 2009, 
analysts said on Tuesday. 
    [ID:nL24518845] [RTRS-MCE-CEN-PLCY] 
     
    CBANK REPO DRAINS SKK 167.4 BLN FROM MKT 
    The Slovak central bank (NBS) accepted all bids at its 
regular two-week repo tender on Tuesday, draining 167.437 
billion crowns ($5.75 billion) from the money market, NBS data 
showed. 
    [ID:nL24899013] [RTRS-CEN-FRX-MMT] 
     
    CROWN ERASES EARLY LOSSES, EYES C.BANK 
    The Slovak crown recovered on Tuesday from early losses 
against the euro, and dealers said the unit would probably float 
in a range ahead of the central bank's policy meeting next week. 
    [ID:nL24925554] [RTRS-MMT-FRX] 
     
    PRESS DIGEST 
    ------------ 
    TRANSPETROL SHAREHOLDERS MEETING 
    YUKOS receiver Edurad Rebgun plans to replace three Yukos 
representatives on the board of directors of Slovakia's pipeline 
operator Transpetrol, the daily Sme reports. Rebgun also said he 
was still in negotiations with the Slovak government over its 
attempt to buy back YUKOS's 49 percent stake in Transpetrol. 
    Sme, page 6 
     
    SUPREME COURT CLASHES WITH JUSTICE MINISTER 
    Milan Karabin, the head of the Slovak Supreme Court, has 
accused Justice Minister Stefan of intimidating judges for their 
legal views, the daily Pravda reports. 
    Pravda, page 2 
     
    OPPOSITION SLAMS FICO FOR FARM MINISTRY 
    Opposition parties have criticised Prime Minister Robert 
Fico for asking the European Union whether his deputy 
agriculture minister broke law when he amended the system for 
granting farm subsidies, the daily Sme reports.  
    SME, page 1 
     
    TELEFONICA BUILDS NETWORK  
    Telefonica O2 Slovakia, which won a third mobile phone 
operating licence in Slovakia, began preparations for 
construction of its own network, the daily Hospodarske Noviny 
reports. 
    Hospodarske Noviny, page 14 
     
    For an economic indicator diary for the euro zone, the ed 
States and other Group of Seven countries, see <G7TODAY>. For a 
diary of forthcoming Slovak events, double click [SK/DIARY], and 
for 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: reuters@editorial.sk 
    Reuters Messaging: peter.laca.reuters.com@reuters.net 
     
 For real-time index quotes, double click in brackets: 
 Warsaw WIG20 <.WIG20>  Budapest BUX <.BUX>  Prague PX50 <.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] 
 ((Bratislava Newsroom; Email: editorial@reuters.sk; 
+421-905-602-847))