Bulgaria to open the largest history park

Varna, Bulgaria (Europeana EU, CC BY)

More people at risk of poverty in Latvia

RON hits all-time low vs. EUR

Bulgaria

The world’s largest and first of its kind cultural-historical and entertainment-educational park will open near Varna, Bulgaria this spring. The project is planned to be a grand complex, offering a journey back in time – from a few thousand years before the New Age up to the Middle Ages – through the Neolithic, the Chalcolithic, the Thracians, Rome, the old Bulgarians and Slavs, the First Bulgarian Kingdom and The Second Bulgarian Kingdom.

The park will have 500 acres land is located near Varna, Bulgaria. It should be completed by 2022. The History Park will cost close to EUR250m and should bring more than 1000 jobs.

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Latvia

In 2017, the share of Latvia’s population exposed to the risk of poverty grew by 1.2 per cent y/y to 446,000 people, according to a survey conducted in 2018 by the Central Statistical Bureau (CSB). CSB informed that despite the growth of a disposable income in 2017, the monthly at-risk-of-poverty threshold also went up to EUR367 per one-person household (EUR330 monthly in 2016).

In households consisting of two adults with two children aged under 14 the monthly at-risk-of-poverty threshold reached EUR770 in 2017 (EUR694 in 2016). The largest share of population at risk of poverty was in Latgale (39.2 per cent) and the smallest in Riga (13.5 per cent).

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Romania

Romanian currency, RON, has reached an all-time low against the EUR for the third day in a row, with the exchange rate increased to RON4.6890/EUR1, National Bank of Romania (BNR) data show.

Experts warn that the RON’s depreciation is normal due to a large current account and fiscal deficits but they expect the central bank to step in.

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What’s up in indexes

BET (of Bucharest) increased from 7065.74 index points Wednesday, January 16th to 7189.64 index points Thursday, January 17th. It’s up 1.96 per cent d/d and down 13.55 per cent y/y.

BUX (of Budapest) increased from 40933.00 index points Wednesday, January 16th to 41180.00 index points Thursday, January 17th. It’s up 0.60 per cent d/d and up 4.14 per cent y/y.

CROBEX (of Zagreb) increased from 1,752.38 index points Wednesday, January 16t to 1,756.57 index points Thursday, January 17th.. It’s up 0.24 per cent d/d and down 4.10 per cent y/y.

OMXR (of Riga) increased from 973.05 index points Wednesday, January 16th to 977.88 index points Thursday, January 17th. It’s up 0.50 per cent d/d and down 4.78 per cent y/y.

OMXT (of Tallinn) increased from 1,206.49 index points Wednesday, January 16th to 1210.37 index points Thursday, January 17th. It’s down 0.32 per cent d/d and down 4.51 per cent y/y.

OMXV (of Vilnius) increased from 633.24 index points Wednesday, January 16th to 634.59 index points Thursday, January 17th. It’s up 0.21 per cent d/d and down 4.33 per cent y/y.

PX (of Prague) decreased from 1019.00 index points Wednesday, January 16th to 1014.88 index points Thursday, January 17th. It’s down 0.40 per cent d/d and down 9.03 per cent y/y.

SAX (of Bratislava) decreased from 336.79 index points Wednesday, January 16th to 335.89 index points Thursday, January 17th. It’s down 0.27 per cent d/d and down 0.73 per cent y/y.

SOFIX (of Sofia) increased from 563.40 index points Wednesday, January 16th to 566.70 index points Thursday, January 17th. It’s up 0.57 per cent d/d and down 20.17 per cent y/y.

UX (of Kyiv) closed at 1,710.65 index points Thursday, January 17th. It’s the same result as Wednesday’s. It’s 0 per cent change d/d and up 14.97 per cent y/y.

WIG20 (of Warsaw) decreased from 2364.17 index points Wednesday, January 16th to 2358.97 index points Thursday, January 17th. It’s down 0.22 per cent d/d and down 9.28 per cent y/y.

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