BRATISLAVA, Oct 28 (Reuters) - Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Tuesday.
CBANK ON RATES
The central bank's policy-making board will hold its monthly
monetary policy meeting to decide on interest rates.
C/A DATA
The central bank will publish January-August current account
data.
FOREIGN DEBT
The central bank will publish gross foreign debt data as of
end-July.
REPO TENDER
The central bank will hold a regular two-week repo tender to
drain liquidity from the market.
SLOVAK SEPT PPI ABOVE FORECASTS
Slovak producer prices rose by 0.6 percent on the month in
September, putting the annual growth rate for factory-gate costs
at a 23-month high 6.8 percent, the Slovak Statistics Office
said on Monday.
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SLOVAKIA SELLS SKK 4.6 BLN OF 350-DAY T-BILLS
Slovakia sold 4.639 billion crowns ($189.1 million) worth of
350-day treasury bills in an auction on Monday, the finance
ministry's Debt and Liquidity Management Agency (ARDAL) said.
[] []
PRESS DIGEST
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TEXTILE INDUSTRY LAYOFFS
The textile industry is likely to lay off hundreds of people
as price competition from cheaper countries has combined with
government decision to raise the minimum wage. Wages are a
significant cost factor in the textile sector.
Hospodarske Noviny, page 1
HOSPITAL DEBTS
The healthcare ministry is preparing a bailout of state-run
hospitals, which have a combined debt of almost 6 billion
crowns. The ministry is considering extending a 15-year loan to
the hospitals, though it still has to negotiate with the finance
ministry how to finance the plan.
Hospodarske Noviny, page 1
SIDERIT FILES FOR BANKRUPTCY
Iron ore mining company Siderit will file for bankruptcy,
which will leave around 600 people out of work in the region
with one of highest unemployment rates in Slovakia.
Sme, page 8
DEPOSIT WITHDRAWALS
The new legislation protecting full amount of bank deposits
does not cover branches of foreign banks, which has led to
increased withdrawals of money from such institutions. However,
foreign bank branches say they fall under insurance schemes of
their parent bank countries, which cover most of the deposits.
Sme, page 1
US VISA REGIME
The U.S. Homeland Security Secretary Michael Chertoff is
expected to announce on Tuesday the date of Slovakia's inclusion
into Visa Waiver Programme.
Sme, page 2
HUNGARIAN TEACHERS TO PROTEST
The teachers in ethnic Hungarian schools in Slovakia are
preparing protests against planned changes to textbooks prepared
by the education ministry.
Pravda, 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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