BRATISLAVA, Dec 8 (Reuters) - Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Monday.
INDUSTRIAL OUTPUT
The Statistics Office will publish October industrial output
data, 0800 GMT. Analysts forecast 4.7 percent annual growth in
October.
CONSTRUCTION OUTPUT
The Statistics Office will publish October construction
output data, 0800 GMT.
NO-CONFIDENCE VOTE
Construction and Regional Development Minister Marian
Janusek, a member of The Slovak National Party (SNS), will face
a no-confidence vote initiated by the opposition, 1500 GMT.
CBANK CUTS GDP FORECASTS ON CRISIS IMPACT
The Slovak central bank said on Friday it had cut its
economic growth forecast for 2009 as the country will be hit by
the global financial crisis in the first year of its euro zone
membership.
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C.BANK FOREX RESERVES DROP TO $16.9 BLN
The Slovak central bank's (NBS) foreign currency reserves
declined to $16.898 billion as of Dec. 3, from $17.003 billion
on Nov. 26, the bank said on Friday.
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FORECASTS FOR SLOVAK ECONOMIC DATA DUE IN DEC
The following table shows the results of a Reuters survey
of analysts' forecasts of Slovak economic data due out this
month.
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PRESS DIGEST
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RULING COALITION TENSIONS
Prime Minister Robert Fico said he expected tensions within
the three-party ruling coalition to intensify in the coming
months. Fico added he would not hesitate to act to fix political
errors of ministers, despite disapproval by his ruling partners.
Sme, page 1
FICO: CRISIS CAUSED BY WEALTH CLAIM
Prime Minister Robert Fico said the global financial crisis
has been designed and managed to redistribute global wealth, but
he did not say who masterminded the crisis.
Sme, page 2
RAILWAY STRIKE ALERT
Employees of the state-run Slovak Railways have called a
strike alert to push the government to agree to measures
proposed by its trade unions to protect the company from the
impact of financial crisis.
Pravda, page 8
VOLKSWAGEN HOLIDAY
Employees of Volkswagen Slovakia, a unit of Germany's
Volkswagen <VOWG.DE>, manufacturing the Skoda Octavia model are
expected to stay on holiday until Jan. 12, due to production
cuts, sources said. The company declined to confirm.
Hospodarske Noviny, page 1
FICO UNHAPPY WITH LENDING
Prime Minister Robert Fico said was not satisfied with too
tight stance of banks towards providing commercial loans. Fico
did not say whether the government will take any measures to
promote lending.
Hospodarske Noviny, page 2
Reuters has not verified the media reports, nor does it
vouch for their accuracy
News editor of the day: Peter Laca on +421 2 5341 8402; fax:
+421 2 5341 8403
E-mail: editorial@reuters.sk,
martin.santa@thomsonreuters.com
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