Croatians with the free access to Slovenian labor market

Zagreb, Croatia (Sarah Sampsel, CC BY-ND)

Romania with the highest growth of labor cost in the EU

Poland and France to develop AI projects

Croatia and Slovenia

Although Croatia entered the European Union in 2013, its citizens don’t have free access to all EU’s labour markets. Slovenia, Austria, Malta and the Netherlands introduced restrictions on hiring Croatian workers. Malta and the Netherlands will lift their restrictions on July 1st, 2018. Slovenian government wanted to extend the restrictions but the idea has failed – as the “Total Slovenia News” informs, Slovenian parliament was dissolved before discussing the outgoing government’s proposal to extend the restrictions. It means that starting from July 1st, 2018, Croatians will get free access to Slovenian labour market.

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Romania

In Q1’18 the growth of labor costs in Romania was the highest in the European Union (EU) – SEE News Corporate Wire informs. The portal reports after Eurostat that in Q1’18 hourly labor costs grew by 12.7 per cent. It’s “more than in any other EU member state”.

According to the figures from Eurostat, the highest growth was observed in the construction sector – up 19.1 per cent y/y, in services – up 10.3 per cent and in industry – up 9.9 per cent.

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Poland

Poland’s Prime Minister Mateusz Morawiecki participated in the Polish-French economic forum that took place in Warsaw on Friday, June 15th. During the event, Polish PM said that the two countries could “work together to change the face of Europe’s industry”. According to Mr. Morawiecki, in the coming decades, both countries could be interested in developing projects from the sectors of the Artificial Intelligence, Internet of Things, machine learning, and electric vehicles.

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What’s up in indexes

BET (of Bucharest) increased from 8,200.08 index points Thursday, June 14th to 8,201.28 index points Friday, June 15th. It’s up 0.01 per cent d/d and down 2.44 per cent y/y.

BUX (of Budapest) decreased from 36,654.57 index points Thursday, June 14th to 36,038.96 index points Friday, June 15th. It’s down 1.68 per cent d/d and up 1.42 per cent y/y.

CROBEX (of Zagreb) decreased from 1,825.51 index points Thursday, June 14th to 1,821.36 index points Friday, June 15th. It’s down 0.23 per cent d/d and down 0.25 per cent y/y.

OMXR (of Riga) decreased from 1,050.05 index points Thursday, June 14th to 1,041.28 index points Friday, June 15th. It’s down 0.84 per cent change d/d and up 12.57 per cent y/y.

OMXT (of Tallinn) increased from 1,258.96 index points Thursday, June 14th to 1,270.40 index points Friday, June 15th. It’s up 0.91 per cent d/d and up 12.51 per cent y/y.

OMXV (of Vilnius) increased from 715.23 index points Thursday, June 14th to 715.82 index points Friday, June 15th. It’s up 0.08 per cent d/d and up 21.00 per cent y/y.

PX (of Prague) increased from 1,075.38 index points Thursday, June 14th to 1,077.88 index points Friday, June 15th. It’s up 0.23 per cent d/d and up 8.14 per cent y/y.

SAX (of Bratislava) closed at 326.52 index points Friday, June 15th. It’s the same result as Thursday’s. It’s 0 per cent change d/d and up 5.60 per cent y/y.

SOFIX (of Sofia) decreased from 637.33 index points Thursday, June 14th to 627.90 index points Friday, June 15th. It’s down 1.48 per cent d/d and down 8.16 per cent y/y.

UX (of Kyiv) increased from 1,603.83 index points Thursday, June 14th to 1,620.50 index points Friday, June 15th. It’s up 1.04 per cent d/d and up 57.78 per cent y/y.

WIG20 (of Warsaw) decreased from 2,238.39 index points Thursday, June 14th to 2,203.01 index points Friday, June 15th. It’s down 1.58 per cent d/d and down 4.40 per cent y/y.

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