BRATISLAVA, Sept 30 (Reuters) - Here are news stories, press reports and events to watch which may affect Slovak financial markets on Wednesday.
GOVT DEBATE ON 2010 STATE BUDGET
Government of Prime Minister Robert Fico will debate the finance ministry's 2010 state budget draft at its regular weekly meeting. Fico expect the cabinet to pass the proposal.
CURRENT ACCOUNT
The central bank will publish preliminary current account data for July.
2010 STATE BUDGET STARTS FISCAL CONSOLIDATION
Slovakia's finance ministry submitted the 2010 state budget draft on Tuesday which initiates fiscal consolidation designed to bring the euro zone member's overall fiscal gap down to the European Union's target in 2012.
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SLOVAKS CUT 2009 TAX REVENUE FCAST, RECOVERY SEEN
Slovakia's finance ministry said on Tuesday that 2009 tax revenues will be smaller by 17.8 million euros compared with its June estimates, but saw improvement next year driven by the expected economy recovery.
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INVESTORS SAY CORRUPTION HURTS BUSINESS IN SLOVAKIA
Four out five foreign investors view corruption in Slovakia as a barrier to business, but still see the environment as competitive and were open to expansion, a survey showed on Tuesday.
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SLOVAKS TO RETURN PART FO EU FUNDS
Slovakia will likely be forced to pay back some of the European Union's structural funds, daily Sme cited Public procurement office as saying, due to questionable tenders. The finance ministry confirmed talks with the Commission.
Sme, page 7
NCHZ BANKRUPTCY PROCEEDINGS
Slovakia's Novacke Chemicke Zavody (NCHZ), facing a 19.6 million euro fine for price fixing by the European Commission, has launched bankruptcy proceedings to pay creditors back and save the company, managed by a new owner.
Sme, page 7
IBM PLANS TO ADD JOBS IN SLOVAKIA
IBM <IBM.N> said plans to add hundreds of high-skilled jobs at its Slovakia's site in the near future, Economy Minister Lubomir Jahnatek said. IBM currently employs more than 3,500 people in Slovakia
Hospodarske Noviny, page 8
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