An average Slovak wastes 100 kg of food each year

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Hungarian bourse doubled its after-tax profit in 2017

EC has 4 recommendations for Croatia

Slovakia

The Slovak Spectator alerts that an average Slovak throws away 111 kg of food a year. As reported, the Agriculture Ministry warns that wasting food “also wastes natural resources, as well as people and their energy”.

According to the survey conducted by the AKO agency, about 23 per cent respondents admit they throw away the leftovers. Half of them claim they “try to use the leftovers for further cooking or give it to animals”. One-third of respondents explain they do not throw away any food.

The Ministry points out that one way to stop this trend is to change shopping behaviours of customers. People should think more carefully about what they buy and how much.

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Hungary

The Budapest Business Journal informs that the Budapest Stock Exchange posted HUF176,3m (EUR554,013) after-tax profit in 2017. The profit almost doubled y/y. In 2016 it reached HUF72,9m (EUR229,084). According to a report approved by the bourse’s shareholders EBITDA increased from HUF382,8m (EUR1,2m) in 2016 to HUF465.9m (EUR1,4m) in 2017.

As reported, the BSE will not pay a dividend on last year’s profit. It will be placed into profit reserves “in order to continue the bourse’s market development strategy”.

BSE Chairman-CEO Richárd Végh informed that total stock market capitalization grew to 22 per cent of GDP by the end of 2017. The capitalization of shares listed on the bourse rose by 23.5 per cent y/y to HUF8,169bn in 2017.

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Croatia

The European Commission (EC) issued four recommendations which “Zagreb is expected to carry out” in 2018, reports Total-Croatia-News. According to the EC Croatia should strengthen its fiscal framework and introduce real estate taxes based on the value of the real estate. The second recommendation the country should discourage early retirement and accelerate the transition to the higher statutory retirement age. It should also reduce the fragmentation and improve the functional distribution of competencies in public administration. The fourth recommendation is that Croatia should improve corporate governance in the state-owned companies and speed up the divestment of state-owned enterprises and inactive state assets.

The portal points out, that the number of recommendations was reduced, from five in 2017 to four in 2018. They are part of the spring package of the European Semester. The EC publishes it each year in May.

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What’s up in indexes

BET (of Bucharest) decreased from 8,429.08 index points Tuesday, May 22nd to 8,356.76 index points Wednesday, May 23rd. It’s down 0.86 per cent d/d and down 1.78 per cent y/y.

BUX (of Budapest) decreased from 36,400.77 index points Tuesday, May 22nd to 35,456.52 index points Wednesday, May 23rd. It’s down 2.59 per cent d/d and up 2.09 per cent y/y.

CROBEX (of Zagreb) decreased from 1,859.77 index points Tuesday, May 22nd to 1,851.38 index points Wednesday, May 23rd. It’s down 0.45 per cent d/d and up 2.13 per cent y/y.

OMXR (of Riga) decreased from 1,040.77 index points Tuesday, May 22nd to 1,038.72 index points Wednesday, May 23rd. It’s down 0.20 per cent d/d and up 24.46 per cent y/y.

OMXT (of Tallinn) increased from 1,253.42 index points Tuesday, May 22nd to 1,253.59 index points Wednesday, May 23rd. It’s up 0.01 per cent d/d and up 12.10 per cent y/y.  

OMXV (of Vilnius) decreased from 710.26 index points Tuesday, May 22nd to 707.99 index points Wednesday, May 23rd. It’s down 0.32 per cent d/d and up 21.34 per cent y/y.

PX (of Prague) decreased from 1,103.29 index points Tuesday, May 22nd to 1,099.54 index points Wednesday, May 23rd. It’s down 0.34 per cent d/d and up 9.09 per cent y/y.

SAX (of Bratislava) increased from 324.76 index points Tuesday, May 22nd to 332.26 index points Wednesday, May 23rd. It’s up 2.31 per cent d/d and up 8.01 per cent y/y.

SOFIX (of Sofia) decreased from 644.44 index points Tuesday, May 22nd to 642.90 index points Wednesday, May 23rd. It’s down 0.24 per cent d/d and down 2.70 per cent y/y.

UX (of Kyiv) decreased from 1,827.26 index points Tuesday, May 22nd to 1,765.33 index points Wednesday, May 23rd. It’s down 3.39 per cent d/d and up 88.55 per cent y/y.

WIG20 (of Warsaw) decreased from 2,248.71 index points Tuesday, May 22nd to 2,209.32 index points Wednesday, May 23rd. It’s down 1.75 per cent d/d and down 4.27 per cent y/y.

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