BRATISLAVA, June 24 (Reuters) - Here are news stories, press reports and events to watch which may affect Slovak financial markets on Tuesday.
FICO AT ECONOMY MINISTRY
Prime Minister Robert Fico will meet Economy Minister Lubomir Jahnatek as part of his mid-term tour of ministries.
RATE MEETING
The central bank will hold its monthly monetary policy meeting. The market widely expects the key two-week repo rate to stay unchanged at 4.25 percent.
C/A DATA
The central bank will publish January-April current account data.
FOREIGN DEBT
The central bank will publish gross foreign debt data as of end-March.
REPO TENDER
The central bank will hold a regular two-week repo tender.
SLOVAK PM BACKS FINANCE MINISTER POCIATEK
Slovak Prime Minister Robert Fico backed Finance Minister Jan Pociatek on Monday and rejected his offer to resign amid allegations of a leak of information about currency revaluation last month.
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SLOVAK CBANKER SAYS OUTSIDE FACTORS DRIVE INFLATION
Slovak inflation is fuelled mainly by external cost factors while pressure from domestic demand is not a major driver of price growth yet, Slovak central bank (NBS) Governor Ivan Sramko said.
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SLOVAKIA SELLS SKK 1.1 BLN WORTH OF 3-YR BONDS
Slovakia sold 1.1 billion crowns ($56.32 million) worth of 3-year, zero-coupon state bonds <SK010411209=> in an auction on Monday, the Finance Ministry's Debt and Liquidity Management Agency said.
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PRESS DIGEST
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HIGHER HARVEST
Slovak farmers expect grain harvest to be 10-15 percent higher this year compared with 2007, but they warn it is too early to say whether this will lead to a decline in food prices. Farmers say food costs will remain influenced mainly global price trends.
Sme, page 7
INVESTORS CUT SPP DIRECTOR POWERS
Foreign investors have reduced powers of the general director of gas company SPP, making the post more symbolic. Investors holding 49 percent and management control in SPP, Gas de France and E.ON, have so far failed to agree with a junior government party HZDS on the new general director.
Pravda, page 1
HIGHWAY TENDERS DELAY
The government tenders to chose partners for highway construction under the public-private partnership scheme face more delays as investors need more time to assess the terrain for their bid calculations.
Hospodarske Noviny, page 1
WOOD FIRM CANCELS INVESTMENT PLAN
Austria's wood processing firm Feldbacher Holzverarbeitungs has cancelled a plan to build a plant for around one billion crowns in eastern Slovakia after it had failed to find enough wood suppliers.
Hospodarske Noviny, page 13
Reuters has not verified the media reports, nor does it vouch for their accuracy
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