Bulgaria will change tax on waste management

Sofia, Bulgaria (forever_carrie_on, CC BY-NC-ND)

World Bank: Ukraine should introduce pensions automated indexation

Lithuania increases pensions

Bulgaria

Household fees for waste disposal in Bulgaria will be increased, writes Novinite.com claims. This is due to the project of the Budget and Finance Committee that plans “a radical change in the calculation of the waste tax in the country”. According to the document, Bulgarian municipalities will choose between 3 options for calculating those fees: “according to the number of people in the household, on the basis of the capacity of the garbage containers or through a system of special waste bags”.

As reported, the changes will come into force in 2019. 

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Ukraine

The World Bank insists that Ukraine should introduce the automated indexation of pensions as soon as in 2018. Ukrainian government plans to do so, but starting from 2021. Ukrainian government proposed a bill on pension reform, according to which in 2019 and 2020 pensions will be indexed based on a separate government’s decision.

Satu Kahkonen, World Bank Country Director for Belarus, Moldova and Ukraine, said that “this is important for transparency and stability of pension payments and for avoiding the reduction of pensions.” Kahkonen has reminded that one of the goals of the reform was “creating a system based on rules, not on a biased decision of the government machine”.

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Lithuania

Lithuanian pensioners will get a rise in October 2017. As the Baltic Course reports, on average pensions will grow by EUR13.5. Lithuanian government decided to increase the basic pension by EUR10 to EUR130 and to increase the pension of those with minimum qualifying period by EUR13. As reported, it will cost Lithuanian budget EUR124 in 2018. 

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What’s up in indexes

BET (of Bucharest) decreased from 8,057.58 index points Tuesday, September 5th to 8,021.34 index points Wednesday, September 6th. It’s down 0.45 per cent d/d and up 13.96 per cent y/y.

BUX (of Budapest) increased from 37,736.10 index points Tuesday, September 5th to 37,878.86 index points Wednesday, September 6th. It’s up 0.38 per cent d/d and up 32.45 per cent y/y.

CROBEX (of Zagreb) decreased from 1,892.00 index points Tuesday, September 5th to 1,888.90 index points Wednesday, September 6th. It’s down 0.16 per cent and up 3.51 per cent y/y.

OMXR (of Riga) decreased from 1,002.85 index points Tuesday, September 5th to 996.48 index points Wednesday, September 6th. It’s down 0.64 per cent d/d and up 47.08 per cent y/y.

OMXT (of Tallinn) decreased from 1,265.96 index points Tuesday, September 5th to 1,265.61 index points Wednesday, September 6th. It’s down 0.03 per cent d/d and up 26.15 per cent y/y.

OMXV (of Vilnius) decreased from 653.44 index points Tuesday, September 5th to 645.49 index points Wednesday, September 6th. It’s down 1.22 per cent d/d and up 20.42 per cent y/y.

PX (of Prague) decreased from 1,025.36 index points Tuesday, September 5th to 1,024.95 index points Wednesday, September 6th. It’s down 0.04 per cent d/d and up 16.15 per cent y/y.

SAX (of Bratislava) closed at 328.84 index points Wednesday, September 6th. It’s the same result as Tuesday’s. It’ down 0 per cent change d/d.

SOFIX (of Sofia) was closed September 6th (Union Day). The day before it closed at 705.93 index points. It’s up 50.44 per cent y/y.

UX (of Kyiv) increased from 1,129.36 index points Tuesday, September 5th to 1,132.00 index points Wednesday, September 6th. It’s up 0.23 per cent d/d and up 52.01 per cent y/y.

WIG20 (of Warsaw) decreased from 2,517.45 index points Tuesday, September 5th to 2,512.40 index points Wednesday, September 6th. It’s down 0.20 per cent d/d and up 40.29 per cent y/y.

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