BRATISLAVA, May 27 (Reuters) - Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Tuesday.
MONETARY POLICY MEETING
The central bank's policy-making board will hold its monthly
monetary policy meeting. The central bank is expected to leave
the key two-week repo rate on hold at 4.25 percent.
JAN-MARCH CURRENT ACCOUNT
The central bank will publish January-March current account
data, by 1500 GMT.
END-FEB FOREIGN DEBT
The central bank will publish gross foreign debt data as of
end-February.
REPO TENDER
The central bank will hold a regular two-week repo tender.
C.BANK SAYS PACE OF CROWN GAINS SURPRISING
The Slovak central bank has been surprised by the rate at
which the crown has appreciated recently, governor Ivan Sramko
was quoted on Monday as saying.
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SLOVAKS REJECT ALL BOND BIDS, SAY YIELDS TOO HIGH
Slovakia rejected all bids for 18-year state bonds in an
auction which attracted low demand on Monday, saying investors
requested too high yields for the security with longest domestic
maturity.
[] []
BIDDERS CHALLENGE SLOVAK ROAD TOLL TENDER VERDICT
Three consortia have appealed against a decision by the
Slovak highway operator to exclude them from the 20 billion
crown ($1.01 billion) tender for a new road toll system, the
Public Procurement Office said on Monday.
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PRESS DIGEST
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EURO MOOD SURVEY
The Slovak Statistics Office will launch a long-term survey
on Sunday to map out expectations of Slovaks ahead of the euro
adoption. The statistics office will conduct the survey every
two weeks until the end of the year.
Pravda, page 18
FRANCE OPENS LABOUR MARKET
French President Nicolas Sarkozy is expected to announce
tomorrow in Polish capital Warsaw that France will open its
labour market for European Union newcomers from the 2004
expansion.
Sme, page 1
KIA OUTPUT
Kia Motors Corp. <000270.KS> said production of the Ceed
model at its Slovak plant reached 200,000 units last Friday. The
factory reported revenues of 54 billion crowns.
Sme, page 7
INSURER CLAIMS 500 MLN FROM C.BANK
A small insurer First Czech-Slovak Insurance Company Rapid
seeks damages of 500 million crowns from the central bank,
saying the financial market watchdog was responsible for
miscalculated premium models in the 1990s. The central bank,
which took over financial market supervision from the finance
ministry a few years ago, denies any wrongdoings by the state.
Sme, page 7
HEALTHCARE MINISTER TO QUIT
Healthcare Minister Ivan Valentovic is expected to step down
on June 10, a senior official in Prime Minister Robert Fico's
Smer party said. Valentovic was nominated to the post by Smer.
Hospodarske Noviny, page 1
SPP BONUS CLASH
The Smer party of Prime Minister Robert Fico and a junior
ruling coalition member HZDS clash over million-crown bonuses
paid by the gas company SPP to representatives of the state on
its board. Smer said HZDS had nominated most of the officials,
while HZDS said the bonuses were approved by a ministry
controlled by Smer.
Pravda, page 4
HZDS EYES SMER VOTERS
The HZDS party of former autocratic leader Vladimir Meciar
is trying to lure leftist voters of Prime Minister Robert Fico's
Smer party by proposing a series of welfare measures, such as
higher pension bonuses.
Sme, page 2
Reuters has not verified the media reports, nor does it
vouch for their accuracy
News editor of the day: Peter Laca, +421 2 5341 8402; fax
+421 2 5341 8403
E-mail: editorial@reuters.sk
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