Poland with an important role within the BEMIP

(purpletwinkie, CC BY-NC-ND)

Bulgarian population decreased in 2016

Ukraine: Three-year budget planning introduced

Baltics and Poland

The Baltic power grids will be synchronized with the Western European system via Poland – this is the result of negotiations within member countries of the Baltic Energy Market Interconnection Plan (BEMIP).

The Baltic Course reports on the consensus on Baltic grid’s synchronization reached in Brussels. It informs that other details of the Plan will be worked out in future. Baltic Countries have decided to disconnect their grids from the BRELL ring that includes Russia and Belarus, and to connect to the Western European system by 2025.

The portal quotes Egidijus Purlys, Lithuanian Energy Minster, saying: “The text of a memorandum of understanding (MoU) was discussed and I am pleased that it sets synchronization with the Central European networks via Poland as a priority option”.

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Bulgaria

Novinite.com reports that Bulgarian population decreased by 0.7 per cent y/y in 2016. According to the data from the National Statistical Institute (NSI), by the end of  2016 there were 7,1 million inhabitants, 51,951 less compared with 2015.

What’s more, the data from NSI also shows that the population ageing continues. “By the end of 2016 the number of persons aged 65 and over was 1,472,116 or 20.7 per cent of the country population,” NSI wrote in its report. Compared to 2015 the share of population above 65. was up 0.3 percentage points.

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Ukraine

The medium-term budget planning was introduced in Ukraine. President Petro Poroshenko has signed the law on amendments to Section VI of the Budget Code of Ukraine on April 14th 2017.

The Interfax informs: “The law provides for a one-time postponement of the term of the Finance Ministry’s submitting the main directions of the budget policy from April 1 to June 1. The law will allow switching to medium-term budget planning (to form budget and forecasts immediately for the next three years) in 2017”.

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What’s up in indexes

BET (of Bucharest) was closed on Monday, April 17th. It closed at 8,264 index points as of Friday, April 14th.

BUX (of Budapest) was closed on Monday, April 17th. It closed at 32,622.40 index points as of Thursday, April 13th.

CROBEX (of Zagreb) was closed on Monday, April 17th. It closed at 1,905.29 index points as of Thursday, April 13th.

OMXR (of Riga) was closed on Monday, April 17th. It closed at 797.68 index points as of Thursday, April 13th.

OMXT (of Tallinn) was closed on Monday, April 17th. It closed at 1,118.61 index points as of Thursday, April 13th.

OMXV (of Vilnius) was closed on Monday, April 17th. It closed at 569.21 index points as of Thursday, April 13th.

PX (of Prague) was closed on Monday, April 17th. It closed at 976.52 index points as of Thursday, April 13th.

SAX (of Bratislava) was closed on Monday, April 17th. It closed at 309.11 index points as of Thursday, April 13th.

SOFIX (of Sofia) was closed on Monday, April 17th. It closed at 657.79 index points as of Thursday, April 13th.

UX (of Kyiv) was closed on Monday, April 17th. It closed at 1038.86 index points as of Friday, April 14th.

WIG20 (of Warsaw) was closed on Monday, April 17th. It closed at 2,233.63 index points as of Thursday, April 13th.

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