Poland issued more than half a million residence permits

(Groder, CC0)

Romania's Romgaz teams up with Azerbaijan's SOCAR

Bulgaria targets balanced budget in 2020

Poland

In 2018, Poland issued the biggest in the EU number of first residence permits to non-EU citizens, Eurostat informed. Poland issued 635,000 residence permits, or 20 per cent of all permits in the EU. Germany was the second with 544,000, or 17 per cent of the total.

Poland also issued the highest number of work permits with 328,000 permits, 37 per cent of all work permits issued in the EU.

In 2018, most of permits in the EU were given to Ukrainian citizens — 527,000 with 78 per cent of them in Poland.

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Romania

Azerbaijan’s state-owned energy company, SOCAR has signed a memorandum of understanding with Romgaz, Romania’s largest oil producer. Both companies want to cooperate on geological exploration, as well as oil and gas upstream projects, the Azeri press has reported.

Earlier this year, SOCAR and Romgaz considered possible cooperation in the Trans-Anatolian Pipeline (TANAP) and Trans-Adriatic Pipeline (TAP) projects which will deliver Azeri gas to Europe through the country’s Shah Deniz 2 fields from the Caspian Sea as part of the Southern Gas Corridor.

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Bulgaria

Bulgaria will aim for a balanced budget next year while boosting wages and pensions, and spending more on education and healthcare, the finance ministry said. According to the plan, the country is seeking to keep balanced budgets through 2022, Reuters news agency informed.

The finance ministry forecasts a 7 per cent increase in fiscal revenues next year, however, the 10 per cent corporate tax rate, one of the lowest in the EU, will be unchanged.

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What’s up in indexes

BET (of Bucharest) increased from 9630.24 index points Thursday, October 24th to 9677.61 index points Friday, October 25th. It’s up 0.58 per cent d/d and up 13.9 per cent y/y.

BUX (of Budapest) decreased from 42476.00 index points Thursday, October 24th to 42159.36 index points Friday, October 25th. It’s down 0.74 per cent d/d and up 15.1 per cent y/y.

OMXR (of Riga) decreased from 1033.60 index points Thursday, October 24th to 1026.93 index points Friday, October 25th. It’s down 0.65 per cent d/d and up 9.44 per cent y/y.

OMXT (of Tallinn) increased from 1243.55 index points Thursday, October 24th to 1244.56 index points Friday, October 25th. It’s up 0.08 per cent d/d and up 4.22 per cent y/y.

OMXV (of Vilnius) increased from 700.14 index points Thursday, October 24th to 702.47 index points Friday, October 25th. It’s up 0.33 per cent d/d and up 7.74 per cent y/y.

PX (of Prague) decreased from 1067.14 index points Thursday, October 24th to 1061.54 index points Friday, October 25th. It’s down 0.52 per cent d/d and up 0.88 per cent y/y.

RTS (of Moscow) increased from 1413.63 index points Thursday, October 24th to 1421.20 index points Friday, October 25th. It’s up 0.54 per cent d/d and up 26.8 per cent y/y.

SAX (of Bratislava) decreased from 346.77 index points Thursday, October 24th to 346.07 index points Friday, October 25th. It’s down 0.20 per cent d/d and up 2.89 per cent y/y.

SOFIX (of Sofia) increased from 561.00 index points Thursday, October 24th to 561.41 index points Friday, October 25th. It’s up 0.07 per cent d/d and down 6.24 per cent y/y.

UX (of Kyiv) increased from 1515.18 index points Thursday, October 24th to 1533.47 index points Friday, October 25th. It’s up 1.21 per cent d/d and down 11.08 per cent y/y.

WIG20 (of Warsaw) decreased from 2208.36 index points Thursday, October 24th to 2175.27 index points Friday, October 25th. It’s down 1.50 per cent d/d and up 1.52 per cent y/y.

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