Poland: 8.2 per cent of unemployment in November 2016

Poviat Labor Office in Sanok, Poland (Lowdown, CC BY-SA)

Bosnia with EUR47m from EU

Bulgarian regulator discusses 5 per cent increase in gas prices as of 2017

Poland

The Polish Radio reports, after Poland’s Central Statistical Office (GUS), that the unemployment rate of 8.2 per cent in November 2016 was a record low for the month. It’s zero per cent change m/m.The Radio quotes Stanisław Szwed, deputy Minister for Family, Labor and Social Policy: “Currently unemployment is at its lowest in 25 years.”

At the end of November over 1.3 million people were registered as unemployed in Poland, 14.2 per cent less than in November 2015.

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Bosnia and Herzegovina

The European Commission said on December 23rd it has adopted the 2016 program for BiH, granting EUR47m to support the European integration.

The program focuses on the rule of law and fundamental rights, strengthening democratic institutions, governance, economic development and competitiveness. It was built based on the 2014 and 2015 programs within the Instrument for Pre-Accession Assistance (IPA II), which amounts to at least EUR165.8m for BiH in the 2014-2017 period. BiH submitted the application for EU membership in February 2016.

The European Commission writes in its press release: “The program will assist Bosnia and Herzegovina’s efforts in developing an efficient, professional and transparent civil service, thus building public sector’s capacity to deliver services to the country’s citizens (…) Further assistance will help enhancing the capacities of the parliaments at the different levels of governance across the country in the EU integration process, and will support the strengthening of the public procurement system.”

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Bulgaria

The price of natural gas in Bulgaria will probably increase by 5 per cent starting from 2017, based on a decision of Bulgaria’s Energy and Water Regulatory Commission (KEVR). The regulator will discuss the proposal on Tuesday, December 28th. Novinite.com explains that “the jump in oil prices in the last few months influenced the prices of natural gas which also went up. According to the calculations of Bulgargaz, this makes it necessary to increase the price of gas by nearly 13.5 per cent.” The energy regulator proposed a 5 per cent increase.

Novinite.com reminds the price of natural gas is determined every three months, while the final decision on how much the price of gas will be increased should be taken by KEVR on the last working day of 2016.

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What’s up in indexes

BUX (of Budapest) dropped by 0.20 per cent d/d – falling from 31700.85 index points Thursday, December 22nd to 31638.81 index points Friday, December 23rd. From year-end it’s up 32.27 per cent. On December 26th the bourse was closed.

BET (of Bucharest Stock Exchange) dropped by 0.06 per cent d/d – falling from 7022.57 index points 7022.83 index points Thursday, December 22nd to 7017.52 index points Friday, December 23rd. From year-end it’s up 0.22 per cent. On December 26th the bourse was closed.

PX (of Prague) decreased from 917.53 index points Thursday, December 22nd to 916.75 index points Friday, December 23rd. So it dropped by 0.09 per cent d/d and by 4.14 per cent from year-end. On December 26th the bourse was closed.

WIG20 (of Warsaw) decreased from 1943.73 index points Thursday, December 22nd to 1933.60 index points Friday, December 23rd. So it dropped by 0.52 per cent d/d. From year-end it’s up 4.00 per cent. On December 26th the bourse was closed.

OMXT (of Tallinn) increased from 1068.83 index points Thursday, December 22nd to 1071.14 index points Friday, December 23rd.  So it’s up 0.22 per cent d/d. From year-end it’s up 19.15 per cent. On December 26th the bourse was closed.

OMXR (of Riga) was up 0.08 per cent d/d and up 23.29 per cent from year-end. It increased from 732.15 index points Thursday, December 22nd to 732.77 index points Friday, December 23rd. On December 26th the bourse was closed.

OMXV (of Vilnius) was up 0.40 per cent d/d and up 14.25 per cent from year-end. It increased from 553.04 index points Thursday, December 22nd to 555.24 Friday, December 23rd. On December 26th the bourse was closed.

SAX (of Bratislava) closed at 318.04 index points Friday, December 23rd. It’s the same result as Thursday. From year-end it’s up 8.79 per cent. On December 26th the bourse was closed.

SOFIX (of Sofia) was up 0.67 per cent d/d and up 25.91 per cent from year-end. It increased from 576.44 index points Thursday, December 22nd to 580.31 index points Friday, December 23rd. On December 26th the bourse was closed.

UX (of Kyiv) increased from 781.87 index points Thursday, December 22nd to 785.40 index points Friday, December 23rd, being up 0.45 per cent d/d. Then it increased to 791.94 index points Monday, December 26th. So it’s up 0.83 per cent Friday to Monday. From year-end it’s up 15.47 per cent.

CROBEX (of Zagreb) increased from 1984.25 index points Thursday, December 22nd to 1991.43 index points Friday, December 23rd. So it’s up 0.36 per cent d/d. From year-end it’s up 17.86 per cent. On December 26th the bourse was closed.

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