Polish LOT is the best airline in the CSE

Polish Airlines LOT (Bartlomiej Mostek, Public domain)

Lithuanian Energy invests in Mazeikiai District

Global Index of Hope shows Bulgarians are pessimists

Poland

The American magazine “Global Traveler” awarded Poland’s state-owned air carrier PLL LOT the title of the “Best Eastern European Airline”. LOT’s press office explains that it “won the distinction in a poll carried out among the readers for the second time in a row, outranking such rivals as Russian Aeroflot, Croatia Airlines and Hungary’s low-cost carrier Wizzair”.

The Polish Radio points out that LOT offers 107 regional and global flight connections (including routes to Miami, Los Angeles, Singapore and Tokyo). In 2017 it handled 6.8 m passengers.

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Lithuania

The state-run company Lietuvos Energija (Lithuanian Energy) has bought a wind farm project belonging to VVP Investments — the Baltic Course informs. It is in Mazeikiai, the country’s northwestern district, where Poland’s PKN ORLEN has been operating since acquiring Mazeikiu Nafta in 2006.

According to the Baltic Course, VVP Investment is developing a 60MW wind farm of 20 turbines. Lithuanian Energy bought 100 per cent stake in the company for an undisclosed amount. Lithuanian Energy plans to operate 400MW of green energy capacity in the Baltic States and Poland by 2020.

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Bulgaria

Bulgarians are quite pessimistic about their future. According to the findings of the Hope and optimism on global peace — Gallup International’s 42nd Annual Global End of Year Survey — 30 per cent of Bulgarians expect 2019 to be worse than 2018. Only 22 per cent of Bulgarian respondents believe the following months will be better (17 per cent of respondents did not answer and 31 per cent claimed that 2019 will be exactly the same as 2018).

Novinite.com explains that in Bulgaria the net value of optimism (the share of optimists minus the share of pessimists) is -8. In 2017 it was +3, so the moods of Bulgarians have deteriorated.

The findings of the survey show that Bulgaria is more pessimistic than the other CSE countries and the EU as a whole. 28 per cent of the citizens of the EU answered that 2019 will be better than 2018. 29 per cent said it will be worse.

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What’s up in indexes

BET (of Bucharest) increased from 7,452.99 index points Monday, December 24th to 7,461.56 index points Thursday, December 27th. It’s up 0.11 per cent d/d and down 3.38 per cent y/y.

BUX (of Budapest) decreased from 39,578.63 index points Friday, December 21st to 39,007.00 index points Thursday, December 27th. It’s down 1.44 per cent d/d and down 0.47 per cent y/y.

CROBEX (of Zagreb) increased from 1,727.53 index points Friday, December 21st to 1,737.37 index points Thursday, December 27th. It’s up 0.57 per cent d/d and down 3.14 per cent y/y.

OMXR (of Riga) increased from 937.52 index points Friday, December 21st to 944.67 index points Thursday, December 27th. It’s up 0.76 per cent d/d and down 4.86 per cent y/y.

OMXT (of Tallinn) decreased from 1,162.63 index points Friday, December 21st to 1,155.41 index points Thursday, December 27th. It’s down 0.62 per cent d/d and down 5.51 per cent y/y.

OMXV (of Vilnius) increased from 613.33 index points Friday, December 21st to 615.16 index points Thursday, December 27th. It’s up 0.30 per cent d/d and down 5.22 per cent y/y.

PX (of Prague) decreased from 983.35 index points Friday, December 21st to 977.91 index points Thursday, December 27th. It’s down 0.55 per cent d/d and down 9.75 per cent y/y.

SAX (of Bratislava) closed at 332.37 index points Thursday, December 27th. It’s the same result as Friday’s. It’s 0 per cent d/d and up 2.07 per cent y/y.

SOFIX (of Sofia) decreased from 594.85 index points Friday, December 21st to 589.00 index points Thursday, December 27th. It’s down 0.98 per cent d/d and down 12.81 per cent y/y.

UX (of Kyiv) closed at 1,705.04 index points Thursday, December 27th. It’s the same result as Wednesday’s. It’s 0 per cent change d/d and up 25.91 per cent y/y.

WIG20 (of Warsaw) decreased from 2,259.77 index points Friday, December 21st to 2,251.38 index points Thursday, December 27th. It’s down 0.37 per cent d/d and down 9.24 per cent y/y.

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