Baltic states are the CES’s leaders in the WB’s Doing Business

(World Bank’s Doing Business 2020, Public domain)

EIB to finance construction of highways in Ukraine

Serbian IT industry exports increased

Central and Southeast Europe

Lithuania is the best country to do business in the Central and Southeast Europe. In the published World Bank’s Doing Business 2020 ranking Lithuania is the 11th out of 190 countries surveyed by the World Bank. Estonia is the 18th and Latvia is the 19th. The worst one in the CSE is Bosnia and Herzegovina ranked as the 90th.

Poland is ranked the 40th (in 2018 it was the 33rd) and got the best score in the trading across borders category (is the first in the world), and the worst score in starting a business category (is the 128th in the world). The Poland’s overall score is 76.4 out of 100.

The leader of this year ranking is New Zealand with 86.8 points, followed by Singapore and Hong Kong.

Read more

Ukraine

The European Investment Bank (EIB) has approved a credit line of EUR450m to finance the construction of Lviv Northern bypass highway and reconstruction of sections of M-05 highway in Ukraine, Interfax news agency informed.

The EIB said that the investments will improve the quality of the extended TEN-T network (Trans-European Transport Network) by creating safer road conditions and reducing environmental pollution. In addition, the Lviv Northern bypass will shorten travel time to Poland and divert traffic from the city of Lviv.

Read more

Serbia

Serbia’s IT industry has reported exports of more than EUR900m in the first eight months of 2019, the Serbian government informed. It said that this a twofold increase comparing to IT exports in 2016.

According to the National Bank of Serbia, the trade surplus of the IT sector currently stands at around EUR500m, which is much higher in comparison with other sectors of Serbia’s economy.

Read more

What’s up in indexes

BET (of Bucharest) decreased from 9607.33 index points Tuesday, October 22nd to 9634.76 index points Wednesday, October 23rd. It’s down 0.01 per cent d/d and up 11.5 per cent y/y.

Wednesday, October 23rd was a non-trading day at Budapest Stock Exchange. BUX (of Budapest) closed at 41845.95 index points Tuesday, October 22nd. It’s up 14.8 per cent y/y.

OMXR (of Riga) decreased from 1038.19 index points Tuesday, October 22nd to 1031.11 index points Wednesday, October 23rd. It’s down 0.68 per cent d/d and up 9.54 per cent y/y.

OMXT (of Tallinn) decreased from 1241.34 index points Tuesday, October 22nd to 1241.14 index points Wednesday, October 23rd. It’s down 0.02 per cent d/d and up 2.54 per cent y/y.

OMXV (of Vilnius) increased from 698.45 index points Tuesday, October 22nd to 698.93 index points Wednesday, October 23rd. It’s up 0.07 per cent d/d and up 5.25 per cent y/y.

PX (of Prague) increased from 1056.92 index points Tuesday, October 22nd to 1059.29 index points Wednesday, October 23rd. It’s up 0.22 per cent d/d and down 0.09 per cent y/y.

RTS (of Moscow) increased from 1387.68 index points Tuesday, October 22nd to 1392.47 index points Wednesday, October 23rd. It’s up 0.35 per cent d/d and up 25.8 per cent y/y.

SAX (of Bratislava) decreased from 346.77 index points Tuesday, October 22nd to 346.30 index points Wednesday, October 23rd. It’s down 0.14 per cent d/d and up 3.63 per cent y/y.

SOFIX (of Sofia) decreased from 564.20 index points Tuesday, October 22nd to 559.50 index points Wednesday, October 23rd. It’s down 0.84 per cent d/d and down 6.29 per cent y/y.

UX (of Kyiv) decreased from 1522.49 index points Tuesday, October 22nd to 1515.18 index points Wednesday, October 23rd. It’s down 0.48 per cent d/d and down 12.11 per cent y/y.

WIG20 (of Warsaw) decreased from 2212.15 index points Tuesday, October 22nd to 2208.54 index points Wednesday, October 23rd. It’s down 0.16 per cent d/d and up 2.83 per cent y/y.

Share this post

TOP