Poland: in November wages up 6.5 per cent y/y

Gdansk, Poland (Maya-Anaïs Yataghène, CC BY)

There is no need for developing Slovak Bohunice power plant

Bulgaria: employers will pay more in 2018

Poland

The Polish Radio reports that Poles earn more. According to the Central Statistical Office, in November 2017 the average gross monthly salary was up 6.5 per cent y/y. It reached PLN4,610 (EUR1,095).

The permanent growth has being observed for several months. In August 2017 wages increased by 6.6 per cent y/y, in September – by 6 per cent y/y and in October – by 7.4 per cent y/y. The number of people working for the companies hiring more than 9 employees was up 4.5 per cent y/y.

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Slovakia

Slovakia is one of the countries that use the energy mix, in which the nuclear energy is included. The Slovak Spectator reports that the Slovak government postponed the construction of “any new nuclear power plants for now”. The construction of a new reactor unit was done by a partnership of the Slovak Nuclear and Decommissioning Company (JAVYS) and the Czech energy company ČEZ.

The portal cites an annual report of Slovak Economy Ministry: “To achieve a balance between the consumption and production of electricity by 2030, the construction of other bigger sources will not be necessary”. The Czech government claims that the construction would be effective if it replaces the existing V2 plant.

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Bulgaria

Bulgarian companies will pay more to its employees. According to the study reported by Novinite.com, nearly 60 per cent of Bulgarian employers plans to increase wages in 2018. At the same time, one third of business does not plan to change the remuneration of employees. No company reported that it plans reduction.

The main challenge for Bulgaria business is the shortage of labor. In the second quarter of 2017 the average monthly wage in the country was BGN1,040 (EUR531,75).

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What’s up in indexes

BET (of Bucharest) increased from 7,603.31 index points Friday, December 15th to 7,661.90 index points Monday, December 18th. It’s up 0.77 per cent d/d and up 8.53 per cent y/y.

BUX (of Budapest) increased from 38,657.37 index points Friday, December 15th to 38,744.18 index points Monday, December 18th. It’s up 0.22 per cent d/d and up 22.43 per cent y/y.

CROBEX (of Zagreb) decreased from 1,859.34 index points Friday, December 15th to 1,844.68 index points Monday, December 18th. It’s down 0.79 per cent d/d and down 3.89 per cent y/y.

OMXR (of Riga) decreased from 1,018.17 index points Friday, December 15th to 1,016.60 index points Monday, December 18th. It’s down 0.15 per cent d/d and up 38.45 per cent y/y.

OMXT (of Tallinn) increased from 1,191.07 index points Friday, December 15th to 1,192.94 index points Monday, December 18th. It’s up 0.16 per cent d/d and up 12.78 per cent y/y.

OMXV (of Vilnius) decreased from 654.09 index points Friday, December 15th to 649.37 index points Monday, December 18th. It’s down 0.72 per cent d/d and up 17.40 per cent y/y.

PX (of Prague) increased from 1,062.05 index points Friday, December 15th to 1,069.09 index points Monday, December 18th. It’s up 0.66 per cent d/d and up 17.17 per cent y/y.

SAX (of Bratislava) increased from 325 index points Friday, December 15th to 326.7 index points Monday, December 18th. It’s up 0.50 per cent d/d and up 2.75 per cent y/y.

SOFIX (of Sofia) decreased from 664.67 index points Friday, December 15th to 662.19 index points Monday, December 18th. It’s down 0.37 per cent d/d and up 15.07 per cent y/y.

UX (of Kyiv) increased from 1,298.14 index points Friday, December 15th to 1,308.63 index points Monday, December 18th. It’s up 0.81 per cent d/d and up 71.41 per cent y/y.

WIG20 (of Warsaw) increased from 2,416.95 index points Friday, December 15th to 2,466.08 index points Monday, December 18th. It’s up 2.03 per cent d/d and up 28.54 per cent y/y.

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