Increase of an average salary in Moldova

Kishinev, Moldova (Konrad Lembcke, CC BY-NC)

Ukraine should have a better position in the Doing Business ranking

Czech’s real estate price growth – the fastest in the EU

Moldova

The average monthly salary in Moldova will rise to EUR268.05. It’s up EUR24 compared to the amount from the end of 2016. As the IPN.md reports, the changes were made by the government in accordance to the updated macroeconomic forecast for the period 2018-2020.

The average salary in EU, as of 2017, is EUR1,520 monthly.

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Ukraine

Ukraine’s President Petro Poroshenko has expressed his will for the country to advance in the Doing Business 2018 ranking. As the Interfax reports, Poroshenko wants Ukraine to be placed 70th (in 2016 it ranked 81st – among 189 countries, in 2017 it ranked 80th – among 190 countries).
The agency quotes Poroshenko saying: “No one, except for us and you, demonstrates such a pace. No one, except for us and you, resolutely creates an attractive investment climate through fight against corruption, deregulation, decentralization.”

Doing Business ranking, launched in 2002 by the World Bank Group, measures business regulations and their enforcement in 190 countries. The reports are written by the international team of experts.

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Czech Republic

Radio Praha reports on the increase of properties’ prices in the Czech Republic. Prices of flats and houses grew by 12 per cent y/y in Q1’2017. According to Eurostat data it’s the fastest growing rate in the entire EU.

According to the experts, this is due to the “excessively slow building planning processes in the Czech Republic, as well as increased demand caused by low interest rates stemming from the central bank’s now discontinued weak crown policy.”

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What’s up in indexes

BET (of Bucharest) increased from 8,214.07 index points Tuesday, July 18th to 8,271.75 index points Wednesday, July 19th. It’s up 0.72 per cent d/d and up 24.35 per cent y/y.

BUX (of Budapest) decreased from 35,904.22 index points Tuesday, July 18th to 35,789.28 index points Wednesday, July 19th. It’s down 0.32 per cent d/d and up 30.57 per cent y/y.

CROBEX (of Zagreb) increased from 1,843.91 index points Tuesday, July 18th to 1,859.03 index points Wednesday, July 19th. It’s up 0.82 per cent and up 9.63 per cent y/y.

OMXR (of Riga) increased from 982.77 index points Tuesday, July 18th to 988.86 index points Wednesday, July 19th. It’s up 0.62 per cent d/d and up 56.28 per cent y/y.

OMXT (of Tallinn) increased from 1,197.81 index points Tuesday, July 18th to 1,200.62 index points Wednesday, July 19th. It’s up 0.23 per cent d/d and up 18.22 per cent y/y.

OMXV (of Vilnius) decreased from 616.63 index points Tuesday, July 18th to 614.23 index points Wednesday, July 19th. It’s down 0.39 per cent d/d and up 16.25 per cent y/y.

PX (of Prague) decreased from 1,008.04 index points Tuesday, July 18th to 1,007.92 index points Wednesday, July 19th. It’s down 0.01 per cent d/d and up 15.03 per cent y/y.

SAX (of Bratislava) increased from 331.08 index points Tuesday, July 18th to 336.00 index points Wednesday, July 19th. It’s up 1.49 per cent d/d and up 8.82 per cent y/y.   

SOFIX (of Sofia) increased from 707.10 index points Tuesday, July 18th to 710.78 index points Wednesday, July 19th. It’s up 0.52 per cent d/d and up 57.70 per cent y/y.

UX (of Kyiv) increased from 1,058.69 index points Tuesday, July 18th to 1,078.46 index points Wednesday, July 19th. It’s up 1.87 per cent d/d and up 51.03 per cent y/y.

WIG20 (of Warsaw) increased from 2,360.75 index points Tuesday, July 18th to 2,374.31 index points Wednesday, July 19th. It’s up 0.57 per cent d/d and up 32.46 per cent y/y.

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