Latvia: New rates for health insurance

(Chris Potter, CC BY)

Czechs pay their bills on time

Poland: Unemployment at 7.1 per cent in July 2017

Latvia

Leta agency informs that Latvia introduces new health insurance rates for those citizens who don’t pay social taxes. It will be 1 per cent of minimum wage in 2018, 3 per cent of minimum wage in 2019 and 5 per cent in 2020.

As the Health Minister Anda Caksa informed “a person is insured if the person has made social insurance payments for health insurance for at least nine months in the past 12-month period at the minimum amount or has made direct health insurance payments”.

In 2018 year the minimum wage is planned at EUR430 thus the health insurance payment would be EUR4.3 a month, and in 2020 the sum would be approx. EUR21.5.

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Czech Republic

Czechs are becoming prompt payers. Radio Praha reminds that seven years ago only 30 per cent of Czech’s bills were paid within the 60 day deadline. Now the figure increased to 44.7 per cent. Payment within a month after the deadline happens in 49.3 per cent of cases and longer than that is an average 6.0 per cent of cases.

In average 40 per cent of Europeans pay their bills on time and this percentage hasn’t changed much for years.

The Radio Praha claims the main reason for the improvement is general improvement of the economy and of the condition of Czech companies. The best payers are the companies from the following sectors: services, financial services, farming and retail. The worst are in the construction and engineering sectors.

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Poland

1.14 m people were unemployed in July 2017 –11,000 less than in June. The Central Statistical Office (GUS) published data on unemployment, showing the unemployment rate in July was 7.1 per cent.

In Q2’2017 the result was about 5 per cent, down from 5.4 per cent in the Q1’17

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What’s up in indexes

BET (of Bucharest) decreased from 8,352.09 index points Wednesday, August 23rd to 8,346.97 index points Thursday, August 24th. It’s down 0.13 per cent d/d and up 19.89 per cent y/y.

BUX (of Budapest) increased from 37,753.22 index points Wednesday, August 23rd to 37,954.41 index points Thursday, August 24th. It’s up 0.35 per cent d/d and up 35.80 per cent y/y.

CROBEX (of Zagreb) increased from 1,899.76 index points Wednesday, August 23rd to 1,903.47 index points Thursday, August 24th. It’s up 0.20 per cent and up 5.75 per cent y/y.

OMXR (of Riga) increased from 1,017.20 index points Tuesday, August 22nd to 1,023.88 index points Wednesday, August 23rd. It’s up 0.66 per cent d/d and up 58.40 per cent y/y.

OMXT (of Tallinn) increased from 1,268.55 index points Wednesday, August 23rd to 1,274.43 index points Thursday, August 24th. It’s up 0.46 per cent d/d and up 27.57 per cent y/y.

OMXV (of Vilnius) increased from 651.77 index points Wednesday, August 23rd to 653.52 index points Thursday, August 24th. It’s up 0.27 per cent d/d and up 21.50 per cent y/y.

PX (of Prague) increased from 1,031.33 index points Wednesday, August 23rd to 1,034.15 index points Thursday, August 24th. It’s up 0.27 per cent d/d and up 20.52 per cent y/y.

SAX (of Bratislava) decreased from 336.55 index points Wednesday, August 23rd to 329.87 index points Thursday, August 24th. It’s down 1.98 per cent d/d and up 4.39 per cent y/y.

SOFIX (of Sofia) decreased from 723.02 index points Wednesday, August 23rd to 718.44 index points Thursday, August 24th. It’s up 0.63 per cent d/d and up 52.15 per cent y/y.

UX (of Kyiv) was closed Thursday, August 24th. The day before it closed at 1,129.92 index points.

WIG20 (of Warsaw) decreased from 2,391.06 index points Wednesday, August 23rd to 2,456.27 index points Thursday, August 24th. It’s up 2.73 per cent d/d and up 37.50 per cent y/y.

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