Hungary: over 8 million citizens without accident insurance

Budapest, Hungary (Zsolt Andrasi, CC BY-NC)

Ukraine’s state debt to be UAH215bn (EUR7bn) in 2018

Carmakers located in Slovakia look for new employees

Hungary

Only 10-20 per cent Hungarians have accident insurance — the Budapest Business Journal reports after the Union Insurance. At the same time, in many Western European countries, the accident insurance coverage among their populations is much higher, reaching more than 80 per cent.

As explained, the statistics show that most accidents happen at home. In Hungary, in 2017 approx. 1,700 deaths occurred at homes, while 625 deaths occurred as a result of traffic accidents.

“The number of registered individual accident insurance policies in Hungary is 617,000. In some cases, car and home insurance packages provide additional insurance for accidents, somewhat expanding the overall coverage,” the BBJ writes.

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Ukraine

The Economic Development and Trade Ministry of Ukraine informed that the state debt will be UAH215bn (EUR7bn) in 2018. The figure was included in the forecasts for the social and economic development of Ukraine in 2019-2021. At the beginning of 2018 the debt level included in governmental plans was higher—UAH231.9bn.

The Interfax agency informs that the amount of payments for state debt in 2018 in the new forecast remained the same, as in the state debt management program — UAH305.bn, including UAH175.7bn for the repayment of the principal debt. “Depending on the course of events, it is expected that state debt will increase by 28.5-39.5 per cent in 2019, by 9.6-12.5 per cent in 2020, and by 8.3-8.9 per cent in 2021,” Interfax writes.

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Slovakia

Slovak carmakers seek new employees as the sector expands. For example Jaguar Land Rover (JLR) wants to increase its headcount from the current 1,300 to 2,800 as the completion of its plant in Nitra approaches — the Slovak Spectator reports. The portal interviews Nicci Cook, the HR director at JRL plant in Slovakia.

Mrs. Cook informs that by the end of 2018, the headcount should reach 1,500. The new recruitment campaign is scheduled 2019. The company plans to hire 1,000 new workers.

“Employees in the quality check area, that is people who are coming at the end of the production line and are responsible for any repairs to a vehicle. Maintenance roles and operator associate roles, that is people who build the car on the line. On top of that, there are also some professional roles, although significantly fewer of them, which can be covered by economists and lawyers,” Mrs. Cook explains.

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What’s up in indexes

BET (of Bucharest) increased from 7,933.45 index points Friday, July 13th to 7,986.87 index points Monday, July 16th. It’s up 0.74 per cent d/d and down 2.07 per cent y/y.

BUX (of Budapest) decreased from 35,641.76 index points Friday, July 13th to 35,267.00 index points Monday, July 16th. It’s down 1.05 per cent d/d and down 2.42 per cent y/y.

CROBEX (of Zagreb) decreased from 1,807.75 index points Friday, July 13th to 1,802.96 index points Monday, July 16th. It’s down 0.26 per cent d/d and down 0.74 per cent y/y.

OMXR (of Riga) decreased from 1,046.16 index points Friday, July 13th to 1,022.76 index points Monday, July 16th. It’s down 2.24 per cent d/d and up 4.16 per cent y/y.

OMXT (of Tallinn) increased from 1,257.21 index points Friday, July 13th to 1,259.64 index points Monday, July 16th. It’s up 0.19 per cent d/d and up 5.90 per cent y/y.

OMXV (of Vilnius) increased from 714.43 index points Friday, July 13th to 716.19 index points Monday, July 16th. It’s up 0.25 per cent d/d and up 17.08 per cent y/y.

PX (of Prague) increased from 1,084.79 index points Friday, July 13th to 1,088.24 index points Monday, July 16th. It’s up 0.32 per cent d/d and up 8.24 per cent y/y.

SAX (of Bratislava) increased from 341.58 index points Friday, July 13th to 342.47 index points Monday, July 16th. It’s up 0.26 per cent d/d and up 2.30 per cent y/y.

SOFIX (of Sofia) decreased from 627.07 index points Friday, July 13th to 623.85 index points Monday, July 16th. It’s down 0.51 per cent d/d and down 12.25 per cent y/y.

UX (of Kyiv) increased from 1,577.94 index points Friday, July 13th to 1,592.43 index points Monday, July 16th. It’s up 0.92 per cent d/d and up 53.11 per cent y/y.

WIG20 (of Warsaw) decreased from 2,157.14 index points Friday, July 13th to 2,133.98 index points Monday, July 16th. It’s down 1.07 per cent d/d and down 10.04 per cent y/y.

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