Armenia fails to elect Prime Minister

Yerevan, Armenia (Ավետիսյան91, CC BY-SA)

Polish farmers earned 30 per cent more y/y in 2017

Bulgaria: IT specialists earn 5 times more than tourism specialists

Armenia

Political crisis deepens in Armenia and for several days people protest and demand earlier elections. On May 1st, Nikol Pashinyan, the leader of the oposition, failed to become elected as a Prime Minister. He was blocked by the ruling Republican Party (HHK) that has 58 seats in the 105-seat parliament.

By the end of April protesters from all over the country blocked Serzh Sarksyanm (Republican Party) from becoming the head of cabinet (Mr Sarksyanm has served as President and when his second term was approaching to an end, his party changed the law and strengthened the role of a Prime Minister).

The parliamentary elections in Armenia took place in the spring 2017. The next is scheduled in 2022.

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Poland

The Polish Radio informs that – according to the Institute of Agricultural and Food Economics – in 2017 farming was more profitable than in 2016. As reported, farmers earned 30 per cent more y/y. Also, the value of a farm production increased – it was up 12 per cent y/y while costs were only up by 2 per cent. The most profitable were livestock and dairy production.

An average farmer earned PLN12,700 (EUR3,000) more in 2017 than in 2016.

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Bulgaria

Holiday season approaches and Novinite.com compares salaries of people working in IT and tourism sector in Bulgaria. The report of Confederation of Independent Trade Unions of Bulgaria (CITUB) shows that computer specialists receive “about five and a half times the average salary for hotel and restaurant workers”.

Novinite informs that “this is also the difference between the highest and the lowest average salary by sectors – for IT specialists the remuneration is BGN3,150 (EUR1,614.13), and for the employed in

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What’s up in indexes

BET (of Bucharest) decreased from 8,780.22 index points Friday, April 27th to 8,715.92 index points Monday, April 30th. It’s down 0.69 per cent d/d and up 6.03 per cent y/y. Tuesday, May 1st was a non-trading day.

Monday, April 30th and Tuesday, May 1st were non-trading days at Bucharest Stock Exchange. BUX (of Budapest) closed at 38,295.72 index points Friday, April 27th. It’s up 0.08 per cent d/d and up 16.19 per cent y/y.

CROBEX (of Zagreb) increased from 1,785.79 index points Wednesday, April 25th to 1,796.21 index points Friday, April 27th. It’s up 0.17 per cent d/d and down 3.40 per cent y/y.

Monday, April 30th and Tuesday, May 1st were non-trading days at Nasdaq Riga. OMXR (of Riga) closed at 1,039.17 index points Friday, April 27th. It’s down 2.11 per cent d/d and up 26.04 per cent y/y.

OMXT (of Tallinn) increased from 1,251.70 index points Friday, April 27th to 1,253.16 index points Monday, April 30th. It’s up 0.12 per cent d/d and up 11.14 per cent y/y. Tuesday, May 1st was a non-trading day.

OMXV (of Vilnius) increased from 702.06 index points Friday, April 27th to 704.70 index points Monday, April 30th. It’s up 0.38 per cent d/d and up 21.32 per cent y/y. Tuesday, May 1st was a non-trading day.

PX (of Prague) decreased from 1,124.16 index points Friday, April 27th to 1,115.93 index points Monday, April 30th. It’s down 0.73 per cent d/d and up 11.37 per cent y/y. Tuesday, May 1st was a non-trading day.

SAX (of Bratislava) closed at 330.17 index points Monday, April 30th. It’s the same result as Friday’s. It’s 0 per cent change d/d and up 5.51 per cent y/y. Tuesday, May 1st was a non-trading day.

SOFIX (of Sofia) decreased from 658.20 index points Friday, April 27th to 658.11 index points Monday, April 30th. It’s down 0.37 per cent d/d and down 0.01 per cent y/y. Tuesday, May 1st was a non-trading day.

Monday, April 30th and Tuesday, May 1st were non-trading days at Kyiv Stock Exchange. UX (of Kyiv) closed at 1,799.28 index points Friday, April 27th. It’s up 0.41 per cent d/d and up 77.90 per cent y/y.

WIG20 (of Warsaw) increased from 2,276.41 index points Friday, April 27th to 2,291.87 index points Monday, April 30th. It’s up 0.68 per cent d/d and down 3.58 per cent y/y. Tuesday, May 1st was a non-trading day.

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