Poland’s GDP increased by 5.1 per cent in 2018

Łódź, Poland (Poland’s MFA, CC BY-NC)

Belarus restricted fuel exports to its neighbors

ECB to hold its decision-making meeting in Lithuania

Poland

In 2018, Poland’s GDP increased 5.1 per cent y/y, the fastest expansion since 2007, the Statistics Poland (GUS) informed. The data also shows that economic growth eased in Q4’18.

Poland’s finance ministry said last week it expects the economy to expand 4 per cent y/y in 2019. The ministry also forecasts that Polish GDP growth would slow to 3.7 per cent y/y in 2020, 3.4 per cent y/y in 2021 and 3.3 per cent y/y in 2022.

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Belarus

Belarus has temporarily suspended fuel exports to Ukraine, Poland and the Baltic countries, due to a low-quality oil supplies from Russia, the Deputy Director General of the Belarusian Oil Company (BNK) Sergey Grib informed on Tuesday.

“Contractual obligations have been suspended until the issue surrounding Russian oil is settled,” Mr. Grib announced, as the Interfax News Agency reports.

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Lithuania

For the first time the European Central Bank (ECB) will make monetary policy decisions in Lithuania, during its meeting in June, the Bank of Lithuania informed.

“This is an important meeting, as we will be discussing the latest hard data, which will provide insight into the economic situation in the near and medium term,” Vitas Vasiliauskas, Chairman of the board of the Bank of Lithuania and member of the ECB Governing Council said.

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What’s up in indexes

BET (of Bucharest) increased from 8364.32 index points Monday, April 22nd to 8391.12 index points Tuesday, April 23rd. It’s up 0.37 per cent d/d and down 6.32 per cent y/y.

BUX (of Budapest) increased from 42810.00 index points Thursday, April 18th to 43245.00 index points Tuesday, April 23rd. It’s up 1.02 per cent d/d and up 13.4 per cent y/y.

OMXR (of Riga) decreased from 1016.51 index points Thursday, April 18th to 1014.66 index points Tuesday, April 23rd. It’s down 0.18 per cent d/d and down 3.25 per cent y/y.

OMXT (of Tallinn) increased from 1251.08 index points Thursday, April 18th to 1251.98 index points Tuesday, April 23rd. It’s up 0.07 per cent d/d and down 0.50 per cent y/y.

OMXV (of Vilnius) decreased from 675.48 index points Thursday, April 18th to 674.63 index points Tuesday, April 23rd. It’s down 0.13 per cent d/d and down 4.30 per cent y/y.

PX (of Prague) decreased from 1101.67 index points Thursday, April 18th to 1098.48 index points Tuesday, April 23rd. It’s down 0.29 per cent d/d and down 2.05 per cent y/y.

RTS (of Moscow) increased from 1275.59 index points Monday, April 22nd to 1277.71 index points Tuesday, April 23rd. It’s up 0.17 per cent d/d and up 11.6 per cent y/y.

SAX (of Bratislava) decreased from 350.99 index points Thursday, April 18th to 349.59 index points Tuesday, April 23rd. It’s down 0.40 per cent d/d and up 4.23 per cent y/y.

SOFIX (of Sofia) decreased from 575.20 index points Thursday, April 18th to 570.00 index points Tuesday, April 23rd. It’s down 0.92 per cent d/d and down 13.52 per cent y/y.

UX (of Kyiv) closed at 1689.38 index points Tuesday, April 23rd. It’s the same result as Monday’s. It’s 0 per cent change d/d and down 7.12 per cent y/y.

WIG20 (of Warsaw) increased from 2365.36 index points Thursday, April 18th to 2370.63 index points Tuesday, April 23rd. It’s up 0.22 per cent d/d and up 3.45 per cent y/y.

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