Slovakia - Factors To Watch on July 22
BRATISLAVA, July 22 (Reuters) - Here are news stories, press reports and events to watch which may affect Slovak financial markets on Tuesday.
REPO TENDER
The central bank will hold its regular two-week repo tender to drain liquidity from the market.
PRESS DIGEST
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INFLATION OUTLOOK
Slovakia's annual EU-norm inflation rate is expected to be 4.3 percent at the end of 2008, and price growth rate should slow to 3.9 percent at the end of 2009, according to a central bank poll of analysts.
Pravda, page 12
SKYEUROPE CUTS ROUTES TO IRELAND
The Slovak-based budget airline SkyEurope SKYV.VI said it would cancel routes from Slovakia to Ireland this winter due to declining interest among passengers and slowing Irish economy.
Sme, page 7
ENERGY BILL
President Ivan Gasparovic has signed into law a bill boosting the powers of the state energy market regulator in the area of heating prices. The new law also tightens approval procedures for building new power sources.
Sme, page 7
EURO COSTS
Slovakia's financial sector will incur costs of more than 7 billion crowns ($366.3 million) related to the euro adoption next January.
Sme, page 8
EXTREMISTS MEETING
Officials of Hungary's radical party Jobbik and Czech National Party held an informal meeting in Bratislava on Monday. A junior Slovak government member, the Slovak National Party, said the two parties abused Slovak soil for radical activities.
Hospodarske Noviny, page 2
MANIPULATION CRIME
The justice ministry is preparing a law according to which a retailer or a dealer can be sent to jail for manipulating customers into buying their products.
Sme, page 1
Reuters has not verified the media reports, nor does it vouch for their accuracy
News editor of the day: Peter Laca on +420 224 190 477; fax: +420 224 229 935
E-mail: editorial@reuters.sk, peter.laca@thomsonreuters.com, martin.santa@thomsonreuters.com
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Warsaw WIG20 .WIG20 Budapest BUX .BUX Prague PX50 .PX50 Other related news: Slovak equities [SK-E] E.Europe equities [.CEE] Slovak money [SK-M] Czech debt [CZ-D] Slovak Indicators [SK-ECI] Emerging forex [EMRG/FRX] Eastern European [EEU] All emerging markets [EMRG] Hot stocks [HOT] Stock markets [STX] Market debt news [DBT] Forex news [FRX] TOP NEWS -- Emerging markets [TOP/EMRG] TOP NEWS -- Convergence watch [TOP/EAST]
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