Bulgaria: Holidays with fake banknotes

BGN50 banknote (MALLUS, CC BY-SA)

Ukraine: new sanctions on Russian individuals and legal entities

Romanian government adopted new corporate taxes

Bulgaria

Novinite.com informs that a boom of fake banknotes was observed in Bulgaria during the Holiday Season. As reported, they were mostly BGN20 (EUR10.22) banknotes. Experts warn against counterfeits – even the counterfeit coins.

The portal points out that Bulgarian central bank started replacing old banknotes with new, better protected series.

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Ukraine

On December 26th, the National Security and Defense Council of Ukraine (NSDC) decided to impose additional sanctions on Russian individuals and legal entities – the agency TASS reports. For the first time Ukraine blacklisted 388 individuals in September 2015. The sanctions that apply to Russian officials, businessmen, journalists and others have been extended (and expanded).

This time the so-called “restrictive measures” has been introduced against the organizers of elections in Donbass but also against military personnel, judges and law enforcement officers involved in the “unlawful seizure of Ukrainian sailors during the Russian aggression act against Ukraine in the Kerch Strait on November 25th, 2018”.

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Romania

Romanian businesses – especially big companies, gathered in the Coalition for Romania’s Development (CDR) – oppose the new tax measures adopted by the country’s government on December 21st. The representatives of big enterprises claim that these taxes will lead to price increases, lower investments and the loss of jobs – Romania Insider reports.

Romanian government adopted an emergency ordinance introducing new taxes for banks, energy companies and telecoms. The new tax on bank assets is tied to the interbank interest rate (ROBOR). Energy and telecom companies will have additional turnover tax. The new law also changes the functioning of the mandatory private pension funds.

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What’s up in indexes

Wednesday, December 26th was a non-trading day at Bucharest Stock Exchange. BET (of Bucharest) closed at 7,452.99 index points Monday, December 24th. It’s down 3.49 per cent y/y.

Wednesday, December 26th was a non-trading day at Budapest Stock Exchange. BUX (of Budapest) closed at 39,578.63 index points Friday, December 21st. It’s up 1.12 per cent y/y.

Wednesday, December 26th was a non-trading day at Zagreb Stock Exchange. CROBEX (of Zagreb) closed at 1,727.53 index points Friday, December 21st. It’s down 3.53 per cent y/y.

Wednesday, December 26th was a non-trading day at Nasdaq Riga. OMXR (of Riga) closed at 937.52 index points Friday, December 21st. It’s down 5.59 per cent y/y.

Wednesday, December 26th was a non-trading day at Nasdaq Tallinn. OMXT (of Tallinn) closed at 1,162.63 index points Friday, December 21st. It’s down 4.75 per cent y/y.

Wednesday, December 26th was a non-trading day at Nasdaq Vilnius. OMXV (of Vilnius) closed at 613.33 index points Friday, December 21st. It’s down 5.45 per cent y/y.

Wednesday, December 26th was a non-trading day at Prague Stock Exchange. PX (of Prague) closed at 983.35 index points Friday, December 21st. It’s down 8.75 per cent y/y.

Wednesday, December 26th was a non-trading day at Bratislava Stock Exchange. SAX (of Bratislava) closed at 332.37 index points Friday, December 21st. It’s up 2.24 per cent y/y.

Wednesday, December 26th was a non-trading day at Sofia Stock Exchange. SOFIX (of Sofia) closed at 594.85 index points Friday, December 21st. It’s down 10.65 per cent y/y.

UX (of Kyiv) closed at 1,705.04 index points Wednesday, December 26th. It’s the same result as Friday, December 21st. It’s 0 per cent change d/d and up 27.33 per cent y/y.

Wednesday, December 26th was a non-trading day at Warsaw Stock Exchange. WIG20 (of Warsaw) closed at 2,259.77 index points Friday, December 21st. It’s down 8.27 per cent y/y.

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