BRATISLAVA, July 9 (Reuters) - Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Wednesday.
INDUSTRIAL WAGES
The Statistics Office will publish May real industrial wages
data, 0700 GMT.
GOVERNMENT MEETING
The government will hold its regular weekly meeting, 0800
GMT.
SLOVAKIA CLEARS FINAL HURDLE TO JOIN EURO
Slovakia cleared the final hurdle on Tuesday towards joining
the euro zone on Jan. 1, 2009, when European Union finance
ministers set the rate at which the single currency will replace
its crown <EURSKK=>.
[] []
PM HAPPY WITH CROWN CONVERSION RATE
The final conversion rate of the Slovak crown <EURSKK=> for
the euro is favourable for Slovaks and will not hurt the
country's economic growth, Prime Minister Robert Fico said on
Tuesday.
[] []
EURO TO BOOST SLOVAK GDP GROWTH BY 1 POINT-FINMIN
Slovakia's entry into the euro zone will boost the country's
economic growth by one percentage point, Finance Minister Jan
Pociatek said on Tuesday.
[] []
CARS, MACHINERY SLOW SLOVAK INDUSTRIAL GROWTH
Slovak industrial output growth slowed in May as production
in the country's dominant car and machinery sectors lagged
expectations, but analysts said it should pick up again next
month.
[] []
MAY CONSTRUCTION OUTPUT +8.4 PCT Y/Y
Slovak construction output rose by a real 8.4 percent
year-on-year in May after a 17.6 percent annual rise in April,
the Statistics Office said on Tuesday.
[] []
C.BANK DRAINS SKK 146.2 BLN IN REPO TENDER
The Slovak central bank (NBS) accepted all bids in the
regular two-week repo tender on Tuesday, draining 146.213
billion crowns ($7.56 billion) from the market, NBS data showed.
[] []
CITROEN SEES 110,000 NEW C3 PICASSO SALES A YEAR
French car maker Citroen, part of the Peugeot Citroen
<PEUP.PA> group, is planning to sell 110,000 units a year of its
newly-unveiled multi-purpose version of the C3 Picasso car, it
said on Tuesday.
[] []
PRESS DIGEST
------------
MINIMUM WAGE
Trade unions have called for an increase in the minimum wage
to 8,900 crowns ($461.4), from the current 8,100 crowns, in
January. If the government rejects the demand, the minimum wage
will rise by 7.2 percent to 8,690 crowns by law.
Sme, page 6
CROWN EXCHANGE RATE
Analysts said the crown currency would trade slightly weaker
than its final switchover rate of 30.1260 against the euro in
the coming months because of higher interest rates in the euro
zone. They said investors' interest in buying crowns was likely
to ease.
Hospodarske Noviny, page 13
POCIATEK TO SHOW MONACO TRIP BILLS
The opposition has asked Finance Minister Jan Pociatek to
provide bills documenting he had paid for the disputed trip to
Monaco, during which he had met with a Slovak private equity
investor shortly before Slovak crown revaluation.
Pravda, page 4
ARMY PLANE TENDER
The defence ministry plans to call an international tender
to buy new transportation planes for the army worth up to 7
billion crowns. The government is expected to discuss the plan
on Wednesday.
Pravda, page 6
Reuters has not verified the media reports, nor does it
vouch for their accuracy
News editor of the day: Peter Laca on +420 224 190 477; fax:
+420 224 229 935
E-mail: editorial@reuters.sk,
martin.santa@thomsonreuters.com
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