Polish-Belgian consortium to build strategic canal to Baltic Sea

Vistula Lagoon (NASA, Public domain)

Opposition parties tied in Kosovo parliamentary vote

Belarus and Ukraine discuss routes for energy resources

Poland

Polish-Belgian consortium will build a new waterway to connect the Vistula Lagoon with the Bay of Gdańsk on the Baltic Sea for PLN992m (EUR230m). The project is supposed to be finished by 2022, Polskie Radio informed.

Five meters deep, the 1.3km canal between the Vistula Lagoon and Gdańsk Bay is expected to be built by digging through the Vistula Spit, which separates the bay from the lagoon on Polish territory. The aim is to allow deep-draught vessels to enter Poland’s Elbląg seaport without passing through the Strait of Baltiysk in Russia’s Kaliningrad exclave.

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Kosovo

Two opposition parties are leading in Kosovo’s election with more than half the ballots counted. According to Kosovo’s election commission, the opposition LDK and Vetevendosje have 25.1 per cent and 24.7 per cent of the votes respectively. Not far behind, with 22.2 per cent, was the PDK, the ruling party since 2007.

The vote came after the prime minister resigned in July following a request from a Hague-based court to question him over crimes against ethnic Serbs during and after the country’s 1998-99 war.

Key topics of the elections included resuming European Union-sponsored talks with Serbia aimed at normalizing ties between the two countries and fighting  high unemployment, which stands at more than 25 per cent, as well as organized crime and corruption.

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Ukraine

A number of bilateral documents were signed in the framework of the Second Forum of the Regions of Ukraine and Belarus. “Our countries signed commercial contracts worth USD500,” Ukraine’s President Volodymyr Zelensky announced. Belarus’ President Alexander Lukashenko stressed that during bilateral talks they discussed alternate routes for the delivery of hydrocarbon resources from global markets. “This is not targeted against third countries, but Belarus and Ukraine have to ensure our security,” he added.

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What’s up in indexes

BET (of Bucharest) increased from 9459.86 index points Thursday, October 3rd to 9441.52 index points Friday, October 4th. It’s up 0.13 per cent d/d and up 10.9 per cent y/y.

BUX (of Budapest) increased from 39548.00 index points Thursday, October 3rd to 39826.51 index points Friday, October 4th. It’s up 0.71 per cent d/d and up 7.21 per cent y/y.

OMXR (of Riga) increased from 1034.20 index points Thursday, October 3rd to 1037.72 index points Friday, October 4th. It’s up 0.34 per cent d/d and up 5.72 per cent y/y.

OMXT (of Tallinn) increased from 1236.19 index points Thursday, October 3rd to 1237.55 index points Friday, October 4th. It’s up 0.11 per cent d/d and up 1.27 per cent y/y.

OMXV (of Vilnius) increased from 689.80 index points Thursday, October 3rd to 690.36 index points Friday, October 4th. It’s up 0.08 per cent d/d and up 1.68 per cent y/y.

PX (of Prague) decreased from 1005.48 index points Thursday, October 3rd to 1004.56 index points Friday, October 4th. It’s down 0.09 per cent d/d and down 9.54 per cent y/y.

RTS (of Moscow) increased from 1307.01 index points Thursday, October 3rd to 1311.65 index points Friday, October 4th. It’s up 0.36 per cent d/d and up 13.0 per cent y/y.

SAX (of Bratislava) increased from 343.20 index points Thursday, October 3rd to 343.74 index points Friday, October 4th. It’s up 0.16 per cent d/d and up 4.48 per cent y/y.

SOFIX (of Sofia) decreased from 565.00 index points Thursday, October 3rd to 563.02 index points Friday, October 4th. It’s down 0.51 per cent d/d and down 9.56 per cent y/y.

UX (of Kyiv) decreased from 1531.33 index points Thursday, October 3rd to 1526.26 index points Friday, October 4th. It’s down 0.33 per cent d/d and down 8.59 per cent y/y.

WIG20 (of Warsaw) increased from 2099.30 index points Thursday, October 3rd to 2121.16 index points Friday, October 4th. It’s up 1.04 per cent d/d and down 6.79 per cent y/y.

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