Slovakia - Factors To Watch on Oct 10

...Deputy Finance Minister Frantisek Palko willl address a 
conference on euro adoption preparations in financial 
institutions. (0700 GMT) 
     
    AUGUST RETAIL SALES 
    The Statistics Office will release August retail sales data, 
(0700 GMT). 
     
    AUGUST WAGES 
    The Statistics Office will release August industrial real 
average wage data, 0700 GMT. 
     
    FDI BRIEFING 
    The state foreign investment agency SARIO will hold a news 
conference to comment on FDI deals in the first half of the 
year. (0700 GMT) 
     
    CBANKER SEES NO BIG BUDGET REVISION IMPACT 
    An expected revision of Slovak budget figures will have no 
major negative impact on the country's chances of meeting 
criteria for joining the euro zone in 2009, central bank 
Governor Ivan Sramko said on Tuesday. 
    [ID:nL09651457] [RTRS-CEN-PLCY-EUROPE-SK] 
     
    CROWN AT 1-MO PEAK ON CBANKER REMARKS, REGION 
    The Slovak crown firmed to a one-month high against the euro 
on Tuesday as the central bank (NBS) calmed investors' euro 
adoption worries, adding to brighter regional sentiment, dealers 
said. 
    [ID:nL09180278] [RTRS-MMT-FRX-SK] 
     
    VW TO DECIDE IN NOV ON MODEL EXPANSION IN SLOVAKIA 
    Europe's top car maker Volkswagen  will decide next 
month whether its Slovak unit will produce the successful 
mid-range Skoda Octavia model, VW Slovakia Chairman Andreas 
Tostmann said on Tuesday. 
    [ID:nL09188157] [RTRS-CARM-AUTO-SK] 
     
    CBANK DRAINS SKK 157.7 BLN IN REPO TENDER 
    The Slovak central bank (NBS) accepted all bids in a regular 
two-week repo tender on Tuesday, draining 157.651 billion crowns 
($6.61 billion) from the market, NBS data showed. 
    [ID:nL09640038] [RTRS-CEN-FRX-SK] 
     
    PRESS DIGEST 
    ------------ 
    STATE BUDGET 
    Leaders of the three ruling coalition parties have agreed on 
allocation of funds within the 2008 state budget. The government 
had already set the ceiling for public finance deficit at 2.3 
percent of GDP. The government will debate the budget draft on 
Thursday. The three leaders have agreed that ruling deputies 
will not seek amendments to the draft during parliamentary 
debate. 
    Pravda, page 1 
     
    LOWER INTERNET PRICES 
    Internet services prices have dropped by 50 percent since 
May, mainly due to increased market competition and lower fees 
charged by the dominant fix-line telephone operator Slovak 
Telekom. 
    Pravda, page 20 
     
    TIGHT FISCAL DISCIPLINE 
    Deputy Finance Minister Frantisek Palko has called on 
regional authorities to carry on with tight fiscal discipline as 
the government seeks to cut public finance deficit. 
    Hospodarske Noviny, page 10 
     
    BRATISLAVA AIRPORT 
    The economy ministry has drafted a law designed to preserve 
34 percent stake in Slovakia's major airport Bratislava for the 
state. The ministry, however, rejected speculation of a future 
sale of the other 66 percent stake in the airport. 
    Hospodarske Noviny, page 4 
     
    For news on upcoming events in the United States and other 
Group of Seven countries, see . For a diary of 
forthcoming Slovak events, double click [SK/DIARY], and a 
calendar of east European economic indicators, see [CONV/DIARY]. 
     
    News editor of the day: Peter Laca on +421 2 5341 8402; fax: 
+421 2 5341 8403 
    E-mail: editorial@reuters.sk 
    Reuters Messaging: peter.laca.reuters.com@reuters.net 
     
    For real-time index quotes, double click in brackets: 
    Warsaw WIG20   Budapest BUX   Prague PX50 
 
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[BRATISLAVA/Reuters/Finance.cz]