Albania starts a tender for railways reconstruction

Durrës, Albania (Phil Richards, CC BY-SA 2.0)

Estonia and the US to cooperate on 5G

Poverty threshold in Bulgaria will be EUR186

Albania

Albanian Railways has launched tenders for the renovation of Durrës — Tirana railway and construction of a railway to Tirana Airport. The total value of the project will be EUR92m. The Western Balkan Investment Fund provided EUR38m and the EBRD EUR36.9m, with a EUR16m coming from the Albanian government.

The Tirana — Durrës railway will comprise passenger and freight traffic and is currently the busiest section of the Albanian railway network. After the completion of the project, the trains will be able to run at the speed of 100km/h.

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Estonia

Estonian PM Jüri Ratas and the US Vice President Mike Pence decided to have a joint approach to the 5G network security, the White House informed. “The credibility of new technology is a top priority to Estonia as a digital state, and the US is our most important ally in the security field,” Mr. Ratas said.

Estonian government stressed that the statement is in accordance with international principles for the secure development of 5G networks agreed during the Prague 5G Security Conference this spring. The US has previously signed a similar document with Poland.

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Bulgaria

In 2020, the poverty threshold in Bulgaria will be BGN363 (EUR186), which is more by BGN15 (EUR8) than in 2019, the government decided as the BTA news agency informed.

The amount is calculated on the basis of the poverty line determined by the EU-SILC survey and the price index based on the basket of minimum, essential consumption items.

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What’s up in indexes

BET (of Bucharest) increased from 9570.16 index points Thursday, October 31st to 9607.67 index points Friday, November 1st. It’s up 0.93 per cent d/d and up 12.2 per cent y/y.

Friday, November 1st was a non-trading day at Budapest Stock Exchange. BUX (of Budapest) closed at 42159.58 index points Thursday, October 31st. It’s up 13.5 per cent y/y.

OMXR (of Riga) increased from 1025.44 index points Thursday, October 31st to 1025.45 index points Friday, November 1st. It’s up 0.01 per cent d/d and up 7.41 per cent y/y.

OMXT (of Tallinn) increased from 1253.22 index points Thursday, October 31st to 1253.22 index points Friday, November 1st. It’s up 0.77 per cent d/d and up 5.49 per cent y/y.

Friday, November 1st was a non-trading day at Vilnius Stock Exchange. OMXV (of Vilnius) closed at 701.90 index points Thursday, October 31st. It’s up 7.82 per cent y/y.

PX (of Prague) increased from 1050.87 index points Thursday, October 31st to 1061.83 index points Friday, November 1st. It’s up 1.04 per cent d/d and down 0.82 per cent y/y.

RTS (of Moscow) increased from 1422.92 index points Thursday, October 31st to 1455.44 index points Friday, November 1st. It’s up 2.29 per cent d/d and up 28.6 per cent y/y.

Friday, November 1st was a non-trading day at Bratislava Stock Exchange. SAX (of Bratislava) closed at 346.07 index points Thursday, October 31st. It’s up 3.60 per cent y/y.

SOFIX (of Sofia) decreased from 556.80 index points Thursday, October 31st to 554.64 index points Friday, November 1st. It’s down 0.40 per cent d/d and down 7.03 per cent y/y.

UX (of Kyiv) decreased from 1517.17 index points Thursday, October 31st to 1514.64 index points Friday, November 1st. It’s down 0.17 per cent d/d and down 13.13 per cent y/y.

Friday, November 1st was a non-trading day at Warsaw Stock Exchange. WIG20 (of Warsaw) closed at 2194.10 index points Thursday, October 31st. It’s up 1.96 per cent y/y.

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