British PM said Poles can stay in the UK after Brexit

Mateusz Morawiecki and Theresa May, London, UK (Kancelaria Premiera, Public domain)

Estonia: 295,000 people at risk of poverty

Chinese takes over Serbian copper mining company

Poland

Poland’ s Prime Minister Mateusz Morawiecki and his British counterpart Theresa May discussed Brexit and the situation of Poles in UK after March 29th, 2019. Mrs. May declared that Poles would be able to stay in the UK. “My message to Polish people is clear: You can stay and we want you to stay,” she said. In June 2018, about 985,000 Poles were living in the UK.

The final shape of the Brexit is still unknown. British parliament was supposed to vote on Brexit deal on December 11th, but the vote has been postponed to January 2019 (the ultimate deadline is January 21st). So far it seems that British MPs do not accept the proposed deal with the EU.

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Estonia

22.6 per cent of Estonians (about 295,000 people) lived at risk of poverty in 2017 — the Baltic Course reports after Statistics Estonia. The number increased 1.6 percentage points from 2016.

The increase “was due to that the income of persons who had previously earned slightly higher income than the risk-of-poverty threshold, increase at a slower rate than the risk-of-poverty threshold and in 2017 remained below the risk-of poverty threshold.”

In 2017 a person was considered to be at risk of poverty if his/her equivalised monthly disposable income was smaller than EUR523. In 2016 the amount was EUR469.

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Serbia

Chinese company Zijin Mining Group has just acquired the majority ownership (63 per cent) in Serbian copper mining and smelting RTB Bor (read here and here) — the SEE News Corporate Wire reports. As informed, Chinese invested EUR306.9m in the company’s capital.

The final deal on strategic partnership was signed between Zijin’s representatives and the Serbian government. The Chinese company plans to repay RTB Bor’s debt amounting to USD200m.

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What’s up in indexes

BET (of Bucharest) decreased from 7,475.22  index points Wednesday, December 19th to 7,332.71 index points Thursday, December 20th. It’s down 1.90 per cent d/d and down 6.00 per cent y/y.

BUX (of Budapest) decreased from 39,966.19 index points Wednesday, December 19th to 39,592.68 index points Thursday, December 20th. It’s down 0.93 per cent d/d and up 1.92 per cent y/y.

CROBEX (of Zagreb) decreased from 1,740.96 index points Wednesday, December 19th to 1,729.87 index points Thursday, December 20th. It’s down 0.64 per cent d/d and down 3.65 per cent y/y.

OMXR (of Riga) increased from 953.02 index points Wednesday, December 19th to 957.53 index points Thursday, December 20th. It’s up 0.47 per cent d/d and down 4.76 per cent y/y.

OMXT (of Tallinn) decreased from 1,173.10 index points Wednesday, December 19th to 1,164.34 index points Thursday, December 20th. It’s down 0.75 per cent d/d and down 4.44 per cent y/y.

OMXV (of Vilnius) decreased from 619.13 index points Wednesday, December 19th to 616.77 index points Thursday, December 20th. It’s down 0.38 per cent d/d and down 5.54 per cent y/y.

PX (of Prague) decreased from 1,008.11 index points Wednesday, December 19th to 992.92 index points Thursday, December 20th. It’s down 1.51 per cent d/d down 7.71 per cent y/y.

Thursday was a non-trading day at Bratislava Stock Exchange. SAX (of Bratislava) closed at 334.08 index points Wednesday, December 19th. It’s up 2.02 per cent y/y.

SOFIX (of Sofia) decreased from 589.65 index points Wednesday, December 19th to 588.81 index points Thursday, December 20th. It’s down 0.14 per cent d/d and down 11.30 per cent y/y.

UX (of Kyiv) closed at 1,705.04 index points Thursday, December 20th. It’s 0 per cent change d/d. It’s up 28.69 per cent y/y.

WIG20 (of Warsaw) decreased from 2,342.81 index points Wednesday, December 19th to 2,306.68 index points Thursday, December 20th. It’s down 1.54 per cent d/d and down 6.21 per cent y/y.

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