Latvia: gambling turnover up 11.2 per cent

(Michael Kappel, CC BY-NC)

MEPs wrote an open letter against the Nord Stream2

Bulgaria: draft procedure for selecting Belene’s investor approved

Latvia

According to the Lotteries and Gambling Supervisory Inspection of Latvia, in the first 9 months of 2018 the turnover of gambling operators increased by 11.2 per cent y/y. The Baltic Course informs they generated EUR196.218 m revenue.

Slot machines generated EUR153.869m (up 7.9 per cent), and online gambling EUR28.629 m (up 48.9 per cent). At the same time revenues from table games dropped 7.2 per cent – to EUR11.806m. 15 gambling operators’ aggregate profits for the nine months of 2018 totaled EUR54.672 m (up 17.6 per cent).

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Central Europe

“Several MEPs from different European countries have appealed to German Chancellor Angela Merkel to halt the controversial Nord Stream 2 gas pipeline project, which is opposed by Poland,” the Polish Radio reports. In a joint open letter the MEPs pointed out that “Germany’s position on Nord Stream 2 runs counter to the goals of the European Energy Union” and that the project “gives Russia additional strategic leverage over the EU because it increases the EU’s energy dependency” on Russia.

It is the next step towards dismantling the Nord Stream 2. Poland, Lithuania, Estonia, Latvia and others oppose it. Also the American President Donald Trump expressed his deep concern about it.

The 1,200-kilometre Nord Stream 2 pipeline, circumventing Poland, Ukraine and the Baltic States, is scheduled to be completed by 2019.

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Bulgaria

Bulgaria seeks a strategic investor for construction of Belene nuclear power plant (NPP). As SEE News Corporate Wire reports, the government of Boyko Borisov has just approved the draft procedure for selecting a strategic investor.

As informed, the procedure “envisages inviting expressions of interest in the project, to be followed by applications from interested parties, submission of binding offers and negotiations”. The cabinet pointed out that the project has to be carried out on a market basis and without Bulgarian state guarantees.

Novinite reminds that the following entities have already expressed their interest in participating in the Belene NPP project: French energy group Areva, China National Nuclear Corporation (CNNC) and Russia’s Rosatom.

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What’s up in indexes

BET (of Bucharest) increased from 8,619.96 index points Tuesday, November 6th to 8,671.98 index points Wednesday, November 7th. It’s up 0.60 per cent d/d and up 11.93 per cent y/y.

BUX (of Budapest) increased from 37,666.00 index points Tuesday, November 6th to 38,198.00 index points Wednesday, November 7th. It’s up 1.41 per cent d/d and down 4.05 per cent y/y.

CROBEX (of Zagreb) increased from 1,776.39 index points Tuesday, November 6th to 1,783.95 index points Wednesday, November 7th. It’s up 0.43 per cent d/d and down 0.65 per cent y/y.

OMXR (of Riga) decreased from 950.69 index points Tuesday, November 6th to 949.94 index points Wednesday, November 7th. It’s down 0.08 per cent d/d and down 7.36 per cent y/y.

OMXT (of Tallinn) decreased from 1,189.81 index points Tuesday, November 6th to 1,188.32 index points Wednesday, November 7th. It’s down 0.13 per cent d/d and down 2.61 per cent y/y.

OMXV (of Vilnius) decreased from 654.25 index points Tuesday, November 6th to 652.52 index points Wednesday, November 7th. It’s down 0.26 per cent d/d and down 1.60 per cent y/y.

PX (of Prague) increased from 1,066.15 index points Tuesday, November 6th to 1,075.79 index points Wednesday, November 7th. It’s up 0.90 per cent d/d up 1.90 per cent y/y.

SAX (of Bratislava) decreased from 331.90 index points Tuesday, November 6th to 331.43 index points Wednesday, November 7th. It’s down 0.14 per cent d/d and up 4.56 per cent y/y.

SOFIX (of Sofia) decreased from 594.29 index points Tuesday, November 6th to 592.62 index points Wednesday, November 7th. It’s down 0.28 per cent d/d and down 12.12 per cent y/y.

UX (of Kyiv) increased from 1,779.31 index points Tuesday, November 6th to 1,786.65 index points Wednesday, November 7th. It’s up 0.41 per cent d/d and up 43.32 per cent y/y.

WIG20 (of Warsaw) increased from 2,230.34 index points Tuesday, November 6th to 2,276.65 index points Wednesday, November 7th. It’s up 2.08 per cent d/d and down 10.24 per cent y/y.

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