Slovakia – Factors To Watch on Aug 17

BRATISLAVA, Aug 17 (BestGrowthStock) – Here are news stories, press
reports and events to watch which may affect Slovak financial
markets on Tuesday.

BOND AUCTION

Slovakia sold 226.6 million euros worth of six-year bonds on
Monday at a lower yield than the last sale in June, in the first
auction since the new centre-right government took power.

[ID:nLDE67F0PH] related news [RTRS-GVD-DBT-SK-LEN]

MOODY’S NEGATIVE OUTLOOK ON BANKS

The ratings agency said it kept a continued negative outlook
for Slovakia’s banking system.

[ID:nWLA0906] related news [RTRS-BNK-RES-SK-LEN]

INFLATION ABOVE FORECAST

Slovak EU-normalised consumer prices edged up by 0.1 percent
on the month in July, putting the annual inflation rate at 1.0
percent, the Slovak Statistics Office said on Monday.

[ID:nLDE67F0AQ] related news [RTRS-CEN-ECI-SK-LEN]

NEW ORDERS

Slovak new industrial orders jumped by 30.1 percent
year-on-year in June, and rose by 1.3 percent on the month on a
seasonally adjusted basis, the Statistics Office said on Monday.
The overall June volume reached 2,866.8 billion euros.

[ID:nLDE67F09L] related news [RTRS-MCE-ECI-SK-LEN]

======================== PRESS DIGEST =========================

MINISTRY SAVINGS

Ministries will have to save a combined 1.3 billion euros in
spending, according to the draft 2011 budget.

http://hnonline.sk/ekonomika/c1-45730090-miklos-zosekal-miliardy-eur

TAX CHANGES

Finance Minister Ivan Miklos and Labour Minister Jozef Mihal
announced changes to taxes and other payments with the goal of
saving 440 million euros in next year’s budget.

http://ekonomika.sme.sk/c/5508270/miklos-a-mihal-chcu-zvysit-dane-a-odvody.html

News editor of the day: Jan Lopatka on +420 224 190 474 fax:
+421 5341 8403 e-mail: [email protected],
[email protected], Reuters Messaging:
[email protected]

For real-time index quotes, double click in brackets:
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]
(compiled by Jason Hovet)

Slovakia – Factors To Watch on Aug 17