Slovakia - Factors To Watch on Dec 22

    Here are news stories, press 
reports and events to watch which may affect Slovak financial 
markets on Friday. 
     
    C.BANK TO RELEASE WEEKLY FX RESERVES DATA 
    The central bank releases weekly forex reserves data 1300 
GMT. 
     
    EXTRA 2-WK REPO TENDER 
    The central bank holds a two-week repo tender on Friday, 
instead of Tuesday, due a public holiday. 
     
    SLOVAKS MULL LAWSUIT AGAINST EC ON CO2 EMISSION CAP 
    Slovakia is considering legal action against the European 
Commission (EC) in reaction to a demand the EU member cut its 
annual carbon dioxide cap for the 2008-2012 period, the 
environment ministry said on Thursday. 
    [ID:nL21766239] [RTRS-CO2-ENR-ELG-SK] 
     
    CROWN HITS RECORD HIGH VS EURO IN THIN TRADE 
    The Slovak crown edged up slightly and touched all-time 
highs against the euro in thin Thursday trade, and dealers said 
it was likely to drift in a narrow range ahead of Christmas 
holidays. 
    [ID:nL21818896] [RTRS-MMT-FRX-SK-LEN] 
     
    PRESS DIGEST 
    ------------ 
    LOWER BOND BORROWING 
    The Finance Ministry's Debt and Liquidity Management Agency 
(ARDAL) borrowed only 33.2 billion crowns ($1.26 billion) in 18 
auctions this year, undershooting an original plan to auction 
state bonds worth 70 billion crowns. 
    Hospodarske Noviny, page 13 
     
    TELEFONICA O2 SLOVAKIA POPULAR 
    Thousands of Slovaks have signed a preliminary contract with 
country's third mobile phone network provider Telefonica O2 
Slovakia , which is expected to launch commercial 
service in February 2007. 
    Pravda, page 11 
     
    SLOVAK MOBILE PHONE PENETRATION NEARS 90 PCT 
    Analysts said some 4.9 million Slovaks will own a mobile 
phone by the end-December, putting Slovakia's mobile phone 
network market penetration close to 90 percent. 
    Pravda, page 11 
     
    For an economic indicator diary for the euro zone, the ed 
States and other Group of Seven countries, see . 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: Alan Crosby 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   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] 
 ((Bratislava Newsroom; Email: editorial@reuters.sk; 
+421-905-602-847)) 
 ($1=26.27 Slovak Crown) 
  

[BRATISLAVA/Reuters/Finance.cz]