Czech Republic: increase of real estate prices

Prague, Czech Republic, (Michal Pohořelský, CC BY-NC)

Bulgaria will be included in the TurkStream

Croatian consumers experience an online shopping fraud

Czech Republic

The prices of apartments in Prague, Czech’s capital, rose by 15.5 per cent between July and September 2018 — Radio Praha informs after iDnes.cz. The average cost of a new flat in the city is CZK100,000 (EUR3,846) per a square metre. But the pace of growth slows down as in the same period of 2017 the prices were up 24 per cent.

The Radio Praha points out that outside of Prague the prices decreased. “The rise in property prices had hit a ceiling at nationwide level as prices were growing faster than salaries,” Petr Makovsky from iDnes.cz explains. As reported, the prices decreased in Brno, as well as in the Moravia-Silesian, Olomouc, Vysocina, Zlin and Usti regions.

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Bulgaria

“Russia’s energy company, Gazprom will extend the TurkStream natural gas pipeline’s second string to Bulgaria,” Novinite.com reports after Russian newspaper Kommersant. Russian gas would flow from Turkey to Bulgaria, Serbia, Hungary and Slovakia. It is expected that the deliveries to Bulgaria and Serbia will be launched in 2020. Then, in 2021, natural gas would flow even further — to Hungary. “The route through these countries means that natural gas deliveries via Ukraine would be avoided,” Novinite.com sums up.

Russia and Turkey decided to relaunch TurkStream project after the SouthStream project was cancelled due to the decision of the European Commission in 2014.

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Croatia

The Total Croatia News reports on dangers waiting on the internet for online shoppers. As informed, 13 per cent of Croatian eShoppers have experienced online fraud. According to the Croatian Banking Association (HUB), the most frequent form of a fraud is the “non-delivery of paid goods or the delivery of goods of poorer quality than advertised”.

As the survey by HUB shows less than a half of online shoppers buy goods from eShops and for 49 per cent of them the security of transactions is the most important. 29 per cent declare that the most important is being provided with the goods that accurately reflect the advertised characteristics.

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What’s up in indexes

BET (of Bucharest) decreased from 8,535.50 index points Wednesday, November 21st to 8,514.96 index points Thursday, November 22nd. It’s down 0.01 per cent d/d and up 9.55 per cent y/y.

BUX (of Budapest) increased from 39,431.33 index points Wednesday, November 21st to 39,489.38 index points Thursday, November 22nd. It’s up 0.15 per cent d/d and down 1.60 per cent y/y.

CROBEX (of Zagreb) decreased from 1,733.14 index points Wednesday, November 21st to 1,722.34 index points Thursday, November 22nd. It’s down 0.62 per cent d/d and down 5.43 per cent y/y.

OMXR (of Riga) decreased from 953.57 index points Wednesday, November 21st to 953.46 index points Thursday, November 22nd. It’s down 0.01 per cent d/d and down 7.78 per cent y/y.

OMXT (of Tallinn) decreased from 1,200.57 index points Wednesday, November 21st to 1,195.01 index points Thursday, November 22nd. It’s down 0.46 per cent d/d and down 3.53 per cent y/y.

OMXV (of Vilnius) decreased from 635.68 index points Wednesday, November 21st to 633.36 index points Thursday, November 22nd. It’s down 0.36 per cent d/d and down 3.81 per cent y/y.

PX (of Prague) decreased from 1,067.79 index points Wednesday, November 21st to 1,065.54 index points Thursday, November 22nd. It’s down 0.20 per cent d/d up 1.82 per cent y/y.

SAX (of Bratislava) increased from 330.16 index points Wednesday, November 21st to 331.01 index points Thursday, November 22nd. It’s up 0.26 per cent d/d and up 2.26 per cent y/y.

SOFIX (of Sofia) decreased from 589.47 index points Wednesday, November 21st to 587.87 index points Thursday, November 22nd. It’s down 0.27 per cent d/d and down 12.18 per cent y/y.

UX (of Kyiv) closed at 1,765.24 index points Thursday, November 22nd. It’s the same result as Wednesday’s. It’s 0 per cent change d/d and up 38.86 per cent y/y.

WIG20 (of Warsaw) increased from 2,219.62 index points Wednesday, November 21st to 2,236.35 index points Thursday, November 22nd. It’s up 0.75 per cent d/d and down 10.17 per cent y/y.

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