Romanian currency the weakest ever

(jeaneeem, CC BY)

Ukraine's government spreads POS terminals within the economy

Latvian e-health system hit by DDoS

Romania

Romania Insider reports on the performance of RON during the recent political crisis. The currency weakens. According to market experts, on January 16th the EUR/RON exchange rate was the highest ever. The official exchange rate was RON4.6599 for EUR1. The portal informs that on the interbank market the European currency went even higher – reaching RON4.665.

On January 15th the Prime Minister Mihai Tudose stepped down from his office. His cabinet lost the support of the members of parliament and the members of his own party – Social Democratic Party.

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Ukraine

Ukrainian cabinet wants to implement POS terminals in each and every corner of the country’s economy. According to the estimates, some 183,000 entities will have to use the devices. The Interfax reports on the resolution of the Economic Development and Trade Ministry, according to which businessmen of the general group and all groups of the simplified taxation scheme will be obliged to use the devices starting from July 1st, 2018.

The Interfax also informs that after January 1st, 2019 the law would also apply to users of simplified taxation scheme who work in cities and have retail space of over 20 square meters.

The Point of Sale Terminal (POS Terminal) is an electronic device for processing card payments at retail locations. It reads the card, checks whether the funds for the transaction are sufficient, transfers the funds from the customer’s account to the seller’s account, records the transaction and also prints a receipt.

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Latvia

Hackers attacked the information system of the Latvian National Health Service. According to LETA agency, the e-health system’s web was disabled on January 16th. The web page was not opening and the browser informed it was unavailable. The Health Ministry cooperated with the e-service provider Lattelecom and the “competent authorities” to bring back the system.

Varis Teivans, the deputy head of the Latvian IT security incident response service Cert.lv, commented: “We are quite sure that this was a malicious attack from outside. Apparently, it was distributed denial of service attack – DDoS attack, intended to make the system inaccessible”.

According to the report released in mid-2017 by the company Neustar, web analytics, more than 4 in 5 organizations “have been hit by a DDoS attack at least once in the last 8 months”.

globally USD1 trillion will be spent on cybersecurity in the years 2017-2021.

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What’s up in indexes

BET (of Bucharest) decreased from 8,253.47 index points Monday, January 15th to 8,233.13 index points Tuesday, January 16th. It’s down 0.26 per cent d/d and up 15.28 per cent y/y.

BUX (of Budapest) increased from 39,579.11 index points Monday, January 15th to 39,684.16 index points Tuesday, January 16th. It’s up 0.27 per cent d/d and up 20.27 per cent y/y.

CROBEX (of Zagreb) increased from 1,870.76 index points Monday, January 15th to 1,879.60 index points Tuesday, January 16th. It’s up 0.47 per cent d/d and down 7.32 per cent y/y.

OMXR (of Riga) decreased from 1,025.50 index points Monday, January 15th to 1,023.92 index points Tuesday, January 16th. It’s down 0.15 per cent d/d and up 38.08 per cent y/y.

OMXT (of Tallinn) decreased from 1,271.08 index points Monday, January 15th to 1,269.85 index points Tuesday, January 16th. It’s down 0.10 per cent d/d and up 16.51 per cent y/y.

OMXV (of Vilnius) increased from 664.03 index points Monday, January 15th to 667.09 index points Tuesday, January 16th. It’s up 0.46 per cent d/d and up 17.99 per cent y/y.

PX (of Prague) increased from 1,109.09 index points Monday, January 15th to 1,114.92 index points Tuesday, January 16th. It’s up 0.53 per cent d/d and up 20.25 per cent y/y.

SAX (of Bratislava) increased from 336.19 index points Monday, January 15th to 340.72 index points Tuesday, January 16th. It’s 1.35 per cent change d/d and up 7.44 per cent y/y.

SOFIX (of Sofia) increased from 714.31 index points Monday, January 15th to 715.40 index points Tuesday, January 16th. It’s up 0.15 per cent d/d and up 17.79 per cent y/y.

UX (of Kyiv) decreased from 1,505.31 index points Monday, January 15th to 1,490.45 index points Tuesday, January 16th. It’s down 0.99 per cent d/d and up 81.50 per cent y/y.

WIG20 (of Warsaw) increased from 2,542.65 index points Monday, January 15th to 2,591.10 index points Tuesday, January 16th. It’s up 1.91 per cent d/d and up 27.94 per cent y/y.

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