BRATISLAVA, April 29 (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 will hold the monthly monetary policy
meeting. The market widely expects the bank to leave the key
2-week repo rate on hold at 4.25 percent for the 12th month in a
row.
QUARTERLY FORECASTS
The central bank will publish its updated quarterly economic
forecasts.
CURRENT ACCOUNT DATA
The central bank will publish January-February current
accout data.
GROSS FOREIGN DEBT DATA
The central bank will publish end-January gross foreign debt
data.
REPO TENDER
The central bank will hold a regular two-week repo tender.
SPP RESULTS
Slovakia's dominant natural gas company Slovensky
Plynarensky Priemysel (SPP) will present its 2007 results, 0830
GMT.
EU FORECASTS FAVOUR SLOVAK BID TO ADOPT EURO
Slovak inflation will ease in 2009 after hitting a peak this
year, the European Union forecast on Monday, cementing
expections in the country that it will be allowed to join the
euro zone next January.
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PM WANTS AS STRONG SKK/EUR RATE AS POSSIBLE
The conversion rate of the Slovak crown to the euro should
be as strong as possible, Prime Minister Robert Fico said on
Monday.
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PM:EURO CONVERSION RATE SEEN SET EARLY JULY
The conversion rate of the Slovak crown to the euro will
likely be set in the first week of July, Prime Minister Robert
Fico said on Monday.
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FINMIN, CBANK: EU FCASTS OPEN DOOR FOR EURO
The European Commission's inflation forecasts confirm
Slovakia can meet the criterion to adopt the euro next year,
Slovak Finance Minister Jan Pociatek and central bank board
member Peter Sevcovic said on Monday.
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CROWN HITS RECORD HIGH AFTER EU FCASTS
The Slovak crown hit an all-time high of 32.200 to the euro
<EURSKK=> on Monday after a favourable inflation forecast from
the European Commission boded well for the country's 2009 euro
zone entry bid.
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SONY PLANS TO DOUBLE SLOVAK OUTPUT TO 4 MLN LCD TVS
Japan's Sony Corp. <6758.T> said on Monday its Slovak
factory planned to double annual production of liquid crystal
display (LCD) televisions to 4 million this year.
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SLOVAKIA SELLS SKK 1.97 BLN WORTH OF 2-YR BONDS
Slovakia sold 1.972 billion crowns ($95.36 million) worth of
2-year, zero coupon state bonds in an auction on Monday, the
finance ministry's Debt and Liquidity Management Agency said.
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MARCH PPI IN LINE WITH FORECASTS
Slovak producer prices rose by 0.2 percent on the month in
March, putting annual growth of factory-gate costs at 5.3
percent, the Slovak Statistics Office said on Monday.
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PRESS DIGEST
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HIGHER FUEL PRICES
Diesel prices in Slovakia will rise by 0.5 crowns ($0.024)
per liter on average to a record 42.40 crowns per liter, while
petrol prices will rise by 0.3 crowns per liter. Fuel prices are
driven by rising cost of oil on world markets.
Sme, page 18
BUSINESS, CONSUMER CONFIDENCE DOWN
The business and consumer confidence indicator hit its
lowest level since November 2005 in April, The Statistics Office
said.
Sme, page 7
MEMORY INSTITUTE
The parliament should debate a proposal in May to close down
The Nation's Memomory Institute dealing with files of the
communist secret police. Prime Minister Robert Fico said the
fate of the institute was not his priority.
Pravda, page 4
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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