Slovakia forex news

PRAGUE (Thomson Financial) - The Slovak central bank (NBS) board today left its main interest rate unchanged for the second month running at 4.25 pct, in line with market expectations.The bank cut rates by 50 basis points in two steps in April and March, but has since held off, as it bids to balance currency stability with control of inflation on its road to planned adoption of the euro in 2009...

BRATISLAVA (Thomson Financial) - Output in the construction sector of Slovakia grew 13.4 pct year on year in April 2007. According to data of the European Statistical Office Eurostat, this was the sixth highest growth of the thirteen EU countries which provided their data to Eurostat...

WARSAW (Thomson Financial) - Slovakias inflation rate fell to an eight-month low of 2.3 pct in May, thanks mainly to a decrease in prices of drugs and transportation, the Slovak statistical office said today.The headline figure was down from 2.7 pct in April and below analysts' expectations of 2...

LJUBLJANA (Thomson Financial) - Slovenia's economy grew by 7.5 percent in the first quarter of 2007 compared with the same period last year, the Slovenian Statistical Office reported on Friday.By comparison with performance in the previous quarter, gross domestic product in the first three months of this year grew by 2...

BRATISLAVA (Thomson Financial) - The Slovak Statistics Office said it has revised its calculation of first-quarter GDP growth for the country to 9.0 pct from 8.9 pct in its flash estimate, SITA news agency reported.This means that the Slovak economy grew 2...

MOSCOW (Thomson Financial) - Russia's government has approved a plan to build a new pipeline that would route oil away from the main Druzhba pipeline that supplies oil via Belarus to the EU.Prime Minister Mikhail Fradkov's office said in a press release approval had been given to the Baltic Pipeline System-2 (BPS-2), adding the Transneft and RosStroy companies had been instructed to make detailed plans...

BRATISLAVA, Slovakia (AP) - Slovakia is on the track to join the European Union's common currency, the euro, in 2009, the Organization for Economic Cooperation and Development, said Thursday."Slovakia is well placed to meet the conditions for euro adoption in 2009," the Paris-based group of 30 industrialized countries said in a survey on Slovakia released during a visit of its secretary-general, Angel Gurria, to Bratislava...

PARIS (AFX) - The OECD said Slovakia remains on course to join the euro in 2009 after the recent revaluation of the koruna in the ERM2 exchange rate mechanism.The koruna's central rate in the ERM2 mechanism was revalued 8.5 pct last month."This step was well-founded and timely...

LISBON (AFX) - Portugal provided nine new EU members with a software programme that will allow them to join the document free travel zone in December.The programme was given to the justice or interior ministers of the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia at a ceremony presided by Prime Minister Jose Socrates...

BRATISLAVA (AFX) - Slovakia's chances of adopting the single European currency, the euro, at the start of 2009 are "good," the International Monetary Fund's local head of mission announced today."The prospects of euro adoption look good. The inflation outlook has improved and chances of meeting the Maastricht criteria look highly probable," said Biswajit Banerjee during a joint news conference with Slovak Finance Minister Jan Pociatek...

BRATISLAVA (AFX) - Slovak inflation slowed to 2.7 pct in February year-on-year, after a rate of 3.0 pct in January, the Slovak Statistics Office said.Month-on-month, CPI was up 0.2 pct in February.In January, prices went up 1.0 pct compared with December, the Statistics Office reported...

BRATISLAVA (AFX) - The Slovak central bank yesterday intervened on the foreign exchange market to contain a rise of the koruna, which had hit a high against the euro, CSOB bank analyst Marek Gabris said.Gabris said the koruna broke through the psychological barrier of 34 koruna against the euro, sparking intervention by the central bank...

BRATISLAVA (AFX) - Slovakia's unemployment rate fell 3.3 percentage points to 12 pct in the fourth quarter of 2006, its lowest level since the same period of 1998, the SITA news service reported, citing the Slovak statistics office.The number of unemployed in the period fell 88,600 to 319,000, it said...

BRATISLAVA, Slovakia (AFX) - Slovakia protested to the European Commission over a 25 percent cut in the country's permitted carbon dioxide limits, the country's justice minister said Wednesday."This is the first-ever Slovakian complaint to the European Commission," Harabin told reporters...

BRATISLAVA (AFX) - Slovakia is on schedule to the join the euro zone from January 1, 2009, the Finance Ministry said, in a report on meeting the national convergence plan, approved by the Slovak Cabinet at its regular meeting today, SITA news agency reported...

BRATISLAVA (AFX) - Slovakia could build new nuclear reactors at three sites in the country to face a looming energy shortage in the Central European country, economy minister Lubomir Jahnatek said."There are three sites where nuclear activities could be increased...

BRATISLAVA (AFX) - The National Employers' Association said it finds the CO2 emission quota allocated to Slovakia by the European Commission inadequate due to the expected future growth of the Slovak economy, reported SITA news wire.The association's secretary Martin Hostak said the "simplified approach" in allocating quotas "does not reflect the complex economic development of Slovakia and in an extreme case it might lead to the departure of important strategic investors from the country"...

BRATISLAVA, Slovakia (AFX) - Slovakia's annual inflation rate fell in December, fueling expectations that the country would meet its 2009 deadline to adopt the euro currency, country's Statistical Office announced Friday.The inflation rate dropped to 4...

BRATISLAVA (AFX) - Slovak inflation was 4.2 pct in December on a 12-month comparison, easing from 4.3 pct in November, the Slovak Statistics Office said.In December, consumer prices were unchanged from the November figure. They rose by 0.6 pct in November compared with the previous month...

BRATISLAVA (AFX) - Slovak industrial production rose by 9.8 pct in November on a 12-month comparison, slowing from 11.1 pct in October, the Slovak Statistical Office said.The manufacturing sector underpinned the production rise, with a 13.0 pct increase...