In Bulgaria water will be more expensive

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Famous Hungarian Eiffel Palace for sale

Consumer prices in Latvia increased 3.3 per cent 

Bulgaria

Novinite.com informs that the price of water will increase by 18 per cent in Sofia, Bulgaria’s capital. Bulgarian Energy and Water Regulatory Commission (KEVR) estimates it will reach BGN2.16/cubic meter. Bulgarian regulator doesn’t agree with such an increase. KEVR’s proposal is to be discussed by March 11th.

Basic monthly living cost in Bulgaria range from EUR520 to EUR900.

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Hungary

Magyar Nemzeti Bank (MNB), the central bank of Hungary, informed that is going to sell the Eiffel Palace office building in central Budapest. An open tender was announced. The MNB now waits for the highest bidder.

As Budapest Business Journal informed, the Eiffel Palace, constructed in 19th century, was bought by MNB in 2014 for EUR45.3m. It was then rented to PwC and the British Chamber of Commerce.

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Latvia

Baltic Course reports that there is an increase of consumer prices in Latvia. As the data from the Central Statistical Bureau (CSB) shows, the average level of consumer prices increased by 3.3 per cent y/y in February 2017. Prices of goods were up 3.4 per cent and of services were up 3.0 per cent.

Baltic Course reports that in 2017 “the greatest pressure on the price changes was put by the rise in prices of food and non-alcoholic beverages, goods and services related to transport, goods and services related to housing, prices in communication group, as well as by the decline in prices of clothing and footwear”.

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What’s up in indexes

BET (of Bucharest) increased from 7870.27 index points Wednesday, March 8th to 7,898.55 index points Thursday, March 9th. It was up 0.36 per cent d/d and up 19.40 per cent y/y.

BUX (of Budapest) increased from 32,547.00 index points Wednesday, March 8th to 32,986.86 index points Thursday, March 9th. It was up 1.35 per cent d/d and up 30.15 per cent y/y.

CROBEX (of Zagreb) decreased from 2,226.37 index points Wednesday, March 8th to 2,218.41 index points Thursday, March 9th. It was down 0.36 per cent d/d and up 40.77 per cent y/y.

OMXR (of Riga) decreased from 767.62 index points Wednesday, March 8th to 765.74 index points Thursday, March 9th. It was down 0.24 per cent d/d and up 20.68 per cent y/y.

OMXT (of Tallinn) decreased from 1,111.85 index points Wednesday, March 8th to 1,110.35 index points Thursday, March 9th. It was down 0.13 per cent d/d and up 17.21 per cent y/y.

OMXV (of Vilnius) decreased from 565.98 index points Wednesday, March 8th to 564.19 index points Thursday, March 9th. It was down 0.32 per cent d/d and up 12.93 per cent y/y.

PX (of Prague) increased from 972.24 index points Wednesday, March 8th to 974.01 index points Thursday, March 9th. It was up 0.18 per cent d/d and up 9.85 per cent y/y.

SAX (of Bratislava) closed at 312.11 index points Thursday, March 9th. It’s zero per cent change d/d. It’s down 3.47 per cent y/y.

SOFIX (of Sofia) decreased from 622.47 index points Wednesday, March 8th to 621.08 index points Thursday, March 9th. It was down 0.22 per cent d/d and up 40.44 per cent y/y.

UX (of Kyiv) decreased from 947.01 index points Tuesday, March 7th to 942.64 index points Thursday, March 9th. It was down 0.46 per cent. It’s up 49.97 per cent y/y.

WIG20 (of Warsaw) decreased from 2,213.24 index points Wednesday, March 8th to 2,189.66 index points Thursday, March 9th.  It was down 1.07 per cent d/d and up 16.56 per cent y/y.

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