Poland’s PM confirms: no plans to adopt the euro

Beata Szydlo, Poland’s Prime Minister (Kancelaria Premiera, Public domain)

Controversies over Kosovo’s real estate

Emigration momentum in early 2017

Poland

The Polish Radio reports that Beata Szydło, Poland’s Prime Minister confirmed, in an internet chat that Poland has no plans to adopt euro. The Polish Radio quotes Mrs. Szydło saying: “It is beneficial for Poland to stay with its currency, the PLN”.

Poland joined the European Union in 2004 and the accession treaty obliges the country to adopt the common currency “at some point”.

The works to adopt the European currency started in 2008/2009 and were launched by the cabinet of the Civic Platform (PO) and its PM Donald Tusk. The government of Beata Szydło (Law and Justice, PiS) opposed the idea from the very beginning.

>>More

Serbia and Kosovo

The Prime Minister of Kosovo, Isa Mustafa, informed that the Cadastral Agency of the Territory will register all immovable property that had been earlier registered as property of Yugoslavia or Serbia. Serbia opposed. The Balkan Insight informs that Marko Djuric, the head of Serbia’s Kosovo office, has just denounced the decision. Mr. Djuric also informed the move of Mustafa’s cabinet was illegal. Aleksandar Vulin, Serbian Minister for Labor, Employment and Veterans issues, commented: “Pristina had realized that its negotiations in Brussels were going nowhere and was frightened of the growing power of the Serbian community in Kosovo and of Serbia’s own position in Kosovo.”

Kosovo declared its independence from Serbia in 2008. After questioning the legality Serbia and the European Union passed some resolution in the United Nations General Assembly, calling for and EU-facilitated dialogue between Kosovo and Serbia.

>>More

Lithuania

Baltic Course reports that Lithuanians intensify their moves to leave the country. As the data from Statistics Lithuania show, 14,000 people left Lithuania in January and February 2017. This number is quite big comparing with the total number of 2016 emigrants which was 50,000.
Baltic Course points out that some migrated to avoid the duty of paying the compulsory health insurance tax, and some want to enter Great Britain before the Brexit.

The data also show that the number of immigrants is much smaller than the number of emigrants. In 2016 some 20,200 people enter Lithuania. In January and February 2017 the number was 3,521.

>>More

What’s up in indexes

BET (of Bucharest) increased from 7,952.69 index points Monday, March 20th to 7,975.97 index points Tuesday, March 21st. It was up 0.11 per cent d/d and up 17.38 per cent y/y.

BUX (of Budapest) decreased from 32,358.00 index points Monday, March 20th to 32,044.13 index points Tuesday, March 21st. It was down 0.97 per cent d/d and up 24.05 per cent y/y.

CROBEX (of Zagreb) decreased from 2,154.34 index points Monday, March 20th to 2,132.91 index points Tuesday, March 21st. It was down 0.99 per cent d/d and up 34.17 per cent y/y.

OMXR (of Riga) increased from 771.97 index points Monday, March 20th to 772.15 index points Tuesday, March 21st. It was up 0.02 per cent d/d and up 24.46 per cent y/y.

OMXT (of Tallinn) increased from 1,123.46 index points Monday, March 20th to 1,127.67 index points Tuesday, March 21st. It was up 0.37 per cent d/d and up 17.06 per cent y/y.

OMXV (of Vilnius) increased from 561.82 index points Monday, March 20th to 562.08 index points Tuesday, March 21st. It was up 0.05 per cent d/d and up 11.68 per cent y/y.

PX (of Prague) increased from 979.81 index points Monday, March 20th to 982.72 index points Tuesday, March 21st. It was up 0.30 per cent d/d and up 8.18 per cent y/y.

SAX (of Bratislava) closed at 301.83 index points Tuesday, March 21st. It was zero per cent change d/d and down 6.68 per cent y/y.

SOFIX (of Sofia) increased from 636.59 index points Monday, March 20th to 639.32 index points Tuesday, March 21st. It was up 0.43 per cent d/d and up 42.95 per cent y/y.

UX (of Kyiv) decreased from 937.79 index points Monday, March 20th to 934.23 index points Tuesday, March 21st. It was down 0.38 per cent d/d and up 51.32 per cent y/y.

WIG20 (of Warsaw) decreased from 2,281.45 index points Monday, March 20th to 2,252.57 index points Tuesday, March 21st. It was down 1.27 per cent d/d and up 15.36 per cent y/y.

Share this post

TOP