Slovakia - Factors To Watch on Oct 9

                                
 BRATISLAVA, Oct 9 (Reuters) - Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Thursday.
                                
 
                                
 SRAMKO ON EURO
                                
 Central bank Governor Ivan Sramko and deputy Finance
Minister Frantisek Palko will address a business conference.
                                
 
                                
 INDUSTRIAL WAGES
                                
 The Statistics Office will publish August real industrial
wages data, 0700GMT.
                                
 
                                
 C.BANK SAYS NO NEED TO CUT RATES NOW
                                
 There is no need for Slovakia to immediately react to
interest rate cuts by global central banks although the country
needs to align its rates with the euro zone ahead of euro
adoption in January, the central bank (NBS) said on Wednesday.
                                
 [ID:nPRA002161] [RTRS-CEN-PLCY-INT-SK-LEN]
                                
 
                                
 C.BANK SAYS NOT JOINING GLOBAL RATE CUTS
                                
 Slovakia's central bank (NBS) said on Wednesday it was not
joining a coordinated interest rate cut by major world central
banks.
                                
 [ID:nL8106944] [RTRS-CEN-PLCY-INT-SK-LEN]
                                
 
                                
 GOVT EXPANDS INSURANCE TO FULL BANK DEPOSITS
                                
 The Slovak government agreed on Wednesday to expand
insurance to the full amount of bank deposits after the global
financial crisis pushed other European Union members to
broadened their guarantees.
                                
 [ID:nL8154625] [RTRS-GVD-DBT-BNK-INS-SK-LEN]
                                
 
                                
 INDUSTRY GROWTH HITS 39-MTH LOW, OUTLOOK DIM
                                
 Slovak industrial output rose at the slowest pace in more
than three years in August, data showed on Wednesday, as the
financial crisis hurts foreign demand for goods produced by the
future euro zone country.
                                
 [ID:nL8628481] [RTRS-MCE-ECI-CARM-AUT-SK-LEN]
                                
 [ID:nL8642202] [RTRS-MCE-ECI-SK-LEN]
                                
 
                                
 AUG CONSTRUCTION OUTPUT +7.7 PCT Y/Y
                                
 Slovak construction output rose by a real 7.7 percent
year-on-year in August after a 9.1 percent annual rise in July,
the Statistics Office said on Wednesday.
                                
 [ID:nL8642704] [RTRS-MCE-ECI-SK-LEN]
                                
 
                                
 PRESS DIGEST
                                
 ------------
                                
 CRISIS CHALLANGES GOVT PLANS
                                
 The global financial crisis is likely to slow Slovak
economic growth and decrease state budget revenues, which will
be a challenge for the government's welfare agenda.
                                
 Sme, page 7
                                
 
                                
 ECONOMIC SLOWDOWN
                                
 Slovakia's economy will slow down due to global financial
crisis, but it will not slid into recession, said Marian Jusko,
head of Slovakia's Employers Association and former central bank
governor.
                                
 Sme, page 5
                                
 
                                
 CAR INDUSTRY
                                
 Slovakia's automotive sector should withstand current global
financial meltdown because it is benefiting from cheaper labour,
analysts said. They said, however, that production cuts were
likely in the sector.
                                
 Sme, page 5
                                
 
                                
 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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