Bulgaria leads in the number of employees working for exports

Sofia, Bulgaria (Antonio Garcia, CC BY-NC-ND)
Sofia, Bulgaria (Antonio Garcia, CC BY-NC-ND)

Romania in the Eurozone in 2026 - report

Polish companies with an EU injection for innovation

Bulgaria

Bulgaria is the first in the European Union in terms of the number of people employed in export-dependent activities — Novinite.com informs. As reported, over the last 18 years, the number of jobs directly linked to Bulgaria’s exports have increased from 169,000 to 697,000 (in 2017). EC’s report shows that this is a growth of over 312 per cent.

The second best is Slovakia — with 213 per cent growth. The impressive pace of growth of that indicator is also observed in Ireland (up 147 per cent), Lithuania (up 153 per cent) and Portugal (up 172 per cent).

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Romania

The Governor of Romania’s central bank informed that the country could join the Eurozone in 2026 — Romania Insider reports. As Mugur Isarescu explained, Romania could enter the European Exchange Rate Mechanism (ERM) in 2024, where it would stay for 2 years.

The portal quotes the Governor saying: “The reasonable time frame for joining the exchange rate mechanism is 2024. From there, the road only goes forward, whether it takes two years or more”. Mr. Isarescu also added that the country must be “ready to join the Eurozone and that preparing for this moment is not a sprint but a marathon”.

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Poland

Polish companies are not afraid to invest in modern technology. The firms operating in eastern Poland have already received PLN1bn (EUR230m) in EU subsidies for innovation and research and development — the Polish Radio informs after the Investment and Development Ministry. 694 entities benefited from it. The EU plans to further subsidize firms from eastern Poland, allocating PLN800m (EUR187m).

The Polish Radio quotes Poland’s Deputy Investment and Development Minister, Adam Hamryszczak who said that subsidizing innovation “makes companies more competitive, provides jobs and develops the region”.

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What’s up in indexes

BET (of Bucharest) increased from 8,586.20 index points Wednesday, November 28th to 8,578.29 index points Thursday, November 29th. It’s up 0.05 per cent d/d and up 9.94 per cent y/y.

BUX (of Budapest) increased from 39,656.00 index points Wednesday, November 28th to 39,862.00 index points Thursday, November 29th. It’s up 0.52 per cent d/d and up 2.69 per cent y/y.

CROBEX (of Zagreb) increased from 1,725.84 index points Wednesday, November 28th to 1,730.33 index points Thursday, November 29th. It’s up 0.26 per cent d/d and down 4.73 per cent y/y.

OMXR (of Riga) decreased from 947.59 index points Wednesday, November 28th to 941.38 index points Thursday, November 29th. It’s down 0.66 per cent d/d and down 9.40 per cent y/y.

OMXT (of Tallinn) increased from 1,204.28 index points Wednesday, November 28th to 1,211.79 index points Thursday, November 29th. It’s up 0.62 per cent d/d and down 1.78 per cent y/y.

OMXV (of Vilnius) increased from 636.41 index points Wednesday, November 28th to 638.37 index points Thursday, November 29th. It’s up 0.31 per cent d/d and down 2.42 per cent y/y.

PX (of Prague) increased from 1,065.30 index points Wednesday, November 28th to 1,065.71 index points Thursday, November 29th. It’s up 0.04 per cent d/d up 1.21 per cent y/y.

SAX (of Bratislava) decreased from 330.54 index points Wednesday, November 28th to 329.61 index points Thursday, November 29th. It’s down 0.28 per cent d/d and up 2.09 per cent y/y.

SOFIX (of Sofia) increased from 584.70 index points Wednesday, November 28th to 591.70 index points Thursday, November 29th. It’s up 1.20 per cent d/d and down 11.33 per cent y/y.

UX (of Kyiv) closed at 1,738.25 index points Thursday, November 29th. It’s the same result as Wednesday’s. It’s 0 per cent change d/d and up 35.74 per cent y/y.

WIG20 (of Warsaw) increased from 2,264.51 index points Wednesday, November 28th to 2,303.37 index points Thursday, November 29th. It’s up 1.72 per cent d/d and down 5.45 per cent y/y.

 

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