Bulgarians prefer second-hand cars

Sofia, Bulgaria (DAVID HOLT, CC BY-SA)

Ukraine: Kyiv wants to modernize its heat and power complex

Hungary: unemployment down at the end of 2018

Bulgaria

Novinte.com reports on a report released by the Russian Autostat Agency. The survey shows that only 4 out of 100 Bulgarians would buy a new car. Majority prefer older cars, mainly diesels. In 2018, Bulgaria imported more than 100,000 second-hand vehicles from Western Europe.  According to the Brussels NGO for Transport and Environment, 35,000 of them were diesels — most of them older than 10 years.

In the following years, more and more diesel cars from Western Europe will be exported to CSE and Africa.

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Ukraine

The city of Kyiv will develop an investment plan to raise USD100m for “modernization of the heat and power complex” the Interfax reports. USAID and the European Bank for Reconstruction and Development (EBRD) will be involved. The goals are the renewal of the fuel and energy complex and pursuing a long-term global program for the comprehensive modernization of the system.

The agency quotes Deputy Head of Kyiv City State Administration, Petro Panteleyev, who said that to modernize the capital’s fuel and energy complex investments in the amount of USD1bn are needed.

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Hungary

The unemployment rate decreased in Hungary by the end of 2018. The Daily News Hungary informs, after the Central Statistical Office (KSH), that in November it was 3.6 per cent (down from 3.7 per cent in October). The employment rate was 60.5 per cent (up 0.7 pp). In November there were 4,494,500 employed people aged between 15 and 74.

Zoltán István Marczinko, deputy minister for labor at the Finance Ministry, informed that Hungary’s 3.6 percent jobless figure was “the third most favorable rate in the European Union after the Netherlands and Malta. More and more people were being employed in high value-added jobs and the gaps between regions were narrowing,” he said.

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What’s up in indexes

Tuesday, January 1st and Wednesday, January 2nd were non-trading days at the Bucharest Stock Exchange. BET (of Bucharest) closed at 7,383.68 index points Monday, December 31st. It’s down 6.66 per cent y/y.

Tuesday, January 1st was a non-trading day at the Budapest Stock Exchange. BUX (of Budapest) increased from 39,138.95 index points Friday, December 28th to 39,734.06 index points Wednesday, January 2nd. It’s up 1.52 per cent d/d and up 0.74 per cent y/y.

Tuesday, January 1st was a non-trading day at the Zagreb Stock Exchange. CROBEX (of Zagreb) decreased from 1,748.81 index points Friday, December 28th to 1,729.39 index points Wednesday, January 2nd. It’s down 1.11 per cent d/d and down 3.76 per cent y/y.

Tuesday, January 1st was a non-trading day at Nasdaq Riga. OMXR (of Riga) increased from 929.02 index points Monday, December 31st to 930.77 index points Wednesday, January 2nd. It’s up 0.19 per cent d/d and down 7.06 per cent y/y.

Tuesday, January 1st was a non-trading day at Nasdaq Tallinn. OMXT (of Tallinn) increased from 1,162.86 index points Friday, December 28th to 1,169.38 index points Wednesday, January 2nd. It’s up 0.56 per cent d/d and down 6.92 per cent y/y.

Tuesday, January 1st was a non-trading day at Nasdaq Vilnius. OMXV (of Vilnius) increased from 616.90 index points Friday, December 28th to 618.57 index points Wednesday, January 2nd. It’s up 0.27 per cent d/d and down 6.12 per cent y/y.

Tuesday, January 1st was a non-trading day at the Prague Stock Exchange. PX (of Prague) increased from 896.56 index points Friday, December 28th to 989.37 index points Wednesday, January 2nd. It’s up 0.28 per cent d/d and down 8.70 per cent y/y.

Tuesday, January 1st was a non-trading day at the Bratislava Stock Exchange. SAX (of Bratislava) closed at 332.37 index points Wednesday, January 2nd. It’s the same result as Friday’s. It’s up 2.08 per cent y/y.

Tuesday, January 1st was a non-trading day at the Sofia Stock Exchange. SOFIX (of Sofia) decreased from 594.46 index points Friday, December 28th to 586.12 index points Wednesday, January 2nd. It’s down 1.40 per cent d/d and down 14.40 per cent y/y.

Tuesday, January 1st and Wednesday, January 2nd were non-trading days at the Kyiv Stock Exchange. UX (of Kyiv) closed at 1,705.04 index points Friday, December 28th. It’s up 25.09 per cent y/y.

Tuesday, January 1st was a non-trading day at the Warsaw Stock Exchange. WIG20 (of Warsaw) increased from 2,276.63 index points Friday, December 28th to 2,301.62 index points Wednesday, January 2nd. It’s up 1.10 per cent d/d and down 6.48 per cent y/y.

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