Quality of life in the CSE

Sofia, Bulgaria (Xiquinhosilva, CC BY)

Poland awarded for the green bonds issue

Possible changes in the airBaltic ownership

Central and Southeast Europe

Novinite.com informs about the US News and World Report on the quality of life. The report gathered data from 80 worlds’ countries and surveyed 21,000 respondents. None of the CSE countries are on the top. There are: Switzerland, Canada, UK, Germany and Japan.

In the CSE region Russia has the highest position and ranks as 27th. Poland is 31st and Czech Republic is 37th. Hungary ranks as 46th and Croatia as 49th. Bulgaria is 56th, and the last is Serbia, ranked as the 80th country.

The ranking shows people’s perception of the particular country. As the authors inform, “it is based on how global perceptions define countries in terms of qualitative characteristics, impressions that have the potential to drive trade, travel and investment and directly affect national economies”.

Meanwhile if anyone considers moving to this region of Europe Prague is the place to go. According to our data it has the highest local purchasing power.

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and more.

Poland

Poland has been awarded for becoming the first country to issue green bonds generating PLN3.4bnn (EUR789m) for environment projects. The Polish Radio quotes Poland’s Deputy Finance Minister Piotr Nowak saying “This honor shows that the Polish government cares about balanced economic and social development and green project development.” According to Nowak, other countries have asked Poland for support in preparing their own green bonds emissions.

Green Bonds Awards are given out annually by the Climate Bonds Initiative, a not-for-profit working to “mobilize the bond market for climate change solutions”, which it claims could be worth USD1 trillion (PLN4 trillion, EUR950bn) by 2020.

The bonds emitted December 2016 were mostly snapped up by investment funds and banks from Germany, Austria, Benelux countries and the UK. They will finance planting trees, producing green energy and improving rail transport.

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Latvia

Leta agency reports on the possible changes in the airline airBaltic’s ownership structure. As reported, 20 per cent stake belonging to a German investor Ralf Montag-Girmes can be acquitted by a Danish businessman Lars Thuesen.

Mr. Thuesen informed that he is interested in becoming a financial investor, not a strategic one. At the same time he praised the company’s “successful business development, the fleet upgrade plans, and the position in the Baltic states and northern Europe”.

airBaltic share capital reaches EUR256,5m (as of May 2016). The owner of 80.5 per cent stake is the state of Latvia.

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What’s up in indexes

BET (of Bucharest) decreased from 7,923.39 index points Monday, March 6th to 7,905.57 index points Tuesday, March 7th. It was down 0.27 per cent d/d and up 19.31 per cent y/y.

BUX (of Budapest) decreased from 33,181.49 index points Monday, March 6th to 34,442.20 index points Tuesday, March 7th. It was down 2.23 per cent d/d and up 30.23 per cent y/y.

CROBEX (of Zagreb) increased from 2,209.54 index points Monday, March 6th to 2,209.86 index points Tuesday, March 7th. It was up 0.01 per cent d/d and up 41.02 per cent y/y.

OMXR (of Riga) increased from 759.46 index points Monday, March 6th to 768.80 index points Tuesday, March 7th. It was up 1.23 per cent d/d and up 22.15 per cent y/y.

OMXT (of Tallinn) increased from 1,112.93 index points Monday, March 6th to 1,114.08 index points Tuesday, March 7th. It was up 0.10 per cent d/d and up 16.93 per cent y/y.

OMXV (of Vilnius) increased from 563.15 index points Monday, March 6th to 563.43 index points Tuesday, March 7th. It was up 0.05 per cent d/d and up 13.33 per cent y/y.

PX (of Prague) decreased from 975.57 index points Monday, March 6th to 971.70 index points Tuesday, March 7th. It was down 0.40 per cent d/d and up 9.42 per cent y/y.

SAX (of Bratislava) closed at 309.54 index points Tuesday, March 7th. It’s the same result as Monday’s. It’s down 5.04 per cent y/y.

SOFIX (of Sofia) increased from 615.12 index points Monday, March 6th to 621.96 index points Tuesday, March 7th. It was up 1.11 per cent d/d and up 39.33 per cent y/y.

UX (of Kyiv) decreased from 960.88 index points Monday, March 6th to 947.01 index points Tuesday, March 7th. It was down 1.44 per cent d/d and up 50.67 per cent y/y.

WIG20 (of Warsaw) decreased from 2,217.41 index points Monday, March 6th to 2,200.98 index points Tuesday, March 7th. It was down 0.74 per cent d/d and up 16.12 per cent y/y.

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