Bulgaria invests EUR44m in Dobrich’s Water Cycle

Dobrich, Bulgaria (www.bdmundo.com, CC BY-SA)

Hungarian median wealth is EUR26,200

Moldovagaz and Gazprom with contracts extended to December 31, 2019

Bulgaria

Bulgarian government will grant up to BGN86m (EUR44m) to local authorities in Dobrich to work on the north-eastern town’s water cycle. The transfer has been affirmed in an agreement signed by outgoing Environment Minister Ivelina Vasileva and Dobrich Mayor Yordan Yordanov.

To complete the current stage of the project, Dobrich municipality will have to secure BGN9.6m in co-funding.

Novinite.com quotes the outgoing Prime Minister Boyko Borisov: “By completing its urban water cycle, Dobrich will improve the quality of tap water, and do away with the excessive waste of water resources. As much as 83 per cent of all water paid for by residents is not used efficiently due to the poor state of the sewage system.”

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Hungary

The Daily News Hungary informs, after the survey of the European Central Bank, that “Hungarians’ fortune is way smaller than other nations’ of the region.” The most determining factor besides age is whether or not someone owns an apartment.

Hungarians are among the nations in the worst conditions. The median fortune is EUR26,200. In most cases this is the value of apartments and/or homes.

In Poland it’s EUR57,100, in Slovakia it is EUR50,300, in Austria it is EUR85,900.

According to the data the gap between rich and poor Europeans is growing.

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Moldova

Moldovagaz informed that signed contracts for the supply of natural gas with Gazprom have been extended until December 31st, 2019.  IPN.md reports both sides signed additional agreements to the contract.

The formula for determining the natural gas prices for Moldovan consumers is based on the average arithmetic value of the selling price of natural gas set by Gazprom for the European countries and the quotations of oil products.

Most of the conditions of the contract regarding the supply and transportation of natural gas will remain unchanged.

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What’s up in indexes

BUX (of Budapest) – dropped by 0.55 per cent, falling from 32025.60 index points Wednesday, December 28th to 31847.87 index points Thursday, December 29th. From year-end it’s up 33.14 per cent.

BET (of Bucharest Stock Exchange) increased from 7029.38 index points Wednesday, December 28th to 7062.54 index points Thursday, December 29th. So it’s up 0.47 per cent d/d and up 0.86 per cent from year-end.

PX (of Prague) dropped by 0.43 per cent d/d and by 3.84 per cent from year-end. It decreased from 923.54 index points Wednesday, December 28th to 919.58 index points Thursday, December 29th.

WIG20 (of Warsaw) increased from 1932.75 index points Wednesday, December 28th to 1946.32 index points Thursday, December 29th. So it’s up 0.70 per cent d/d and up 4.69 per cent from year-end.

OMXT (of Tallinn) was up 0.29 per cent d/d and up 19.33 per cent from year-end. It increased from 1069.71 index points Wednesday, December 28th to 1072.80 index points Thursday, December 29th.

OMXR (of Riga) dropped by 0.02 per cent – falling from 733.04 index points Wednesday, December 28th to 732.91 index points Thursday, December 29th. So it’s up 23.31 per cent from year-end.

OMXV (of Vilnius) dropped by 0.07 per cent d/d – falling from 558.03 index points Wednesday, December 28th to 557.65 index points Thursday, December 29th. From year-end it’s up 14.75 per cent from year-end.

SAX (of Bratislava) dropped by 0.73 per cent – falling from 318.57 index points Wednesday, December 28th to 316.23 index points Thursday, December 29th. From year-end it’s up 8.17 per cent.

SOFIX (of Sofia) was up 0.16 per cent d/d and up 27.25 per cent from year-end. It increased from 585.56 index points Wednesday, December 28th to 586.51 index points Thursday, December 29th.

UX (of Kyiv) increased from 788.34 index points Wednesday, December 28th to 795.84 index points Thursday, December 29th. So it’s up 0.95 per cent d/d. From year-end it’s up 16.04 per cent.

CROBEX (of Zagreb) dropped by 0.38 per cent – falling 1998.86 index points Wednesday, December 28th to 1991.33 index points Thursday, December 29th. From year-end it’s up 17.98 per cent.

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