Hungary wants to increase population in rural areas

Dömsöd, Hungary (Maria Bninska, Public domain)

The Poland Prize offers opportunities to the best foreign start-ups

Ukraine’s exports to the EU is almost a half of total exports

Hungary

“Hungaryʼs government decided on “economic development matters affecting 440-450 villages,” Prime Minister Viktor Orbán said in a weekly interview on Hungarian public radio on Friday. In 2019, the government will spend at least HUF150bn (EUR464m) on development as part of “The Hungarian Village Program” in order to maintain or increase population in rural areas, as the state news wire MTI reports.

“The Hungarian Village Program” aims to keep quality of life in villages as high as possible. “We want to preserve the heritage of villages and support home purchases by public service employees, such as general practitioners, dentists and nurses,” Gergely Gulyás, the head of the Prime Ministerʼs Office told MTI.

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Poland

Polish Oil&Gas Company (PGNiG) and Start-up Hub Poland Foundation joined forces to transfer the most innovative business ideas to Poland. As a part of the governmental project called “Poland Prize”, by the end of 2019 the Start-up Hub Poland Foundation plans to establish 24 businesses which will operate in Poland on the most innovative projects in energy, as well as information and communications technology. PGNiG estimates that the project will cost around PLN5m (EUR1.15m).

Eight start-ups from the UK, Italy, Estonia, Lithuania, Ukraine, Belarus and Hungary have already started working with PGNiG, while 16 others are expected to join the program, PAP reported.

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Ukraine

“The share of the European Union in the overall structure of Ukrainian exports is rapidly approaching 50 per cent and now accounts for 42.6 per cent,” President of Ukraine Petro Poroshenko said. Mr Poroshenko stressed that in 2018, Ukraine sold more goods to the European Union than ever before in the Ukrainian history, despite the ongoing war. According to him Lviv region is the leader of exports to the EU.

Most of Ukraine’s export in the EU goes to Poland — 20 per cent (EUR2.8bn). Italy and Germany are next: in 2018, they spent EUR2.6bn and EUR1.8bn on Ukrainian products, Kyiv Post informed. Total exports from Ukraine to the EU increased by 15 per cent, or EUR2bn y/y.

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What’s up in indexes

BET (of Bucharest) decreased from 7819.20 index points Thursday, February 21st to 7766.87 index points Friday, February 22nd. It’s down 1.13 per cent d/d and down 6.32 per cent y/y.

BUX (of Budapest) increased from 40721.00 index points Thursday, February 21st to 40814.60 index points Friday, February 22nd. It’s up 0.23 per cent d/d and up 5.62 per cent y/y.

CROBEX (of Zagreb) increased from 1,772.63 index points Thursday, February 21st. to 1,776.30  index points Friday, February 22nd. It’s up 0.21 per cent d/d and down 0.22 per cent y/y.

OMXR (of Riga) increased from 984.26 index points Thursday, February 21st to 989.43 index points Friday, February 22nd. It’s up 0.53 per cent d/d and down 2.49 per cent y/y.

OMXT (of Tallinn) increased from 1218.75 index points Thursday, February 21st to 1223.03 index points Friday, February 22nd. It’s up 0.35 per cent d/d and down 4.75 per cent y/y.

OMXV (of Vilnius) decreased from 641.63 index points Thursday, February 21st to 639.68 index points Friday, February 22nd. It’s down 0.30 per cent d/d and down 4.26 per cent y/y.

PX (of Prague) increased from 1058.89 index points Thursday, February 21st to 1060.23 index points Friday, February 22nd. It’s up 0.13 per cent d/d and down 4.34 per cent y/y.

SAX (of Bratislava) increased from 339.26 index points Thursday, February 21st to 339.65 index points Friday, February 22nd. It’s up 0.11 per cent d/d and up 3.35 per cent y/y.

SOFIX (of Sofia) increased from 577.90 index points Thursday, February 21st to 582.49 index points Friday, February 22nd. It’s up 0.79 per cent d/d and down 15.31 per cent y/y.

UX (of Kyiv) increased from 1692.40 index points Thursday, February 21st to 1693.20 index points Friday, February 22nd. It’s up 0.05 per cent d/d and up 13.4 per cent y/y.

WIG20 (of Warsaw) increased from 2339.85 index points Thursday, February 21st to 2355.77 index points Friday, February 22nd. It’s up 0.68 per cent d/d and down 2.28 per cent y/y.

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