Romanians protest against corruption

Bucharest, Romania (Codrin Tofan, Twitter, Public domain)

Bulgaria with the lowest proportion of part-time workers in EU

Lithuania: Klaipeda’s outer port could cost up to EUR1.1bn

Romania

More than 50 thousand people gathered in Bucharest’s Victoriei Square during the weekend, Romania Insider reports. According to CNN and Reuters protesters are angry over what they say is entrenched corruption, low wages and attempts by the governing Social Democrats (PSD) to weaken the judiciary. The representatives of the Social Democratic Party (PSD) claim that the recent protests are set up by the opposition and president Klaus Iohannis to overthrow the legitimate government.

Romania was ranked 49th out of 180 in Transparency International’s Corruption Perceptions Index for the last year, below most other European nations.

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Bulgaria

The Sofia Globe informs, after Eurostat, that Bulgaria has the lowest proportion of part-time workers in EU. It is 2 per cent. The portal points out that the share of people working part-time in the EU increased from 15 per cent in 2002 to 19 per cent in 2017.

The highest number was observed in the Netherlands (47 per cent), Austria (28 per cent) and Germany (27 per cent). The lowest, apart from Bulgaria, was noted in Hungary (4 per cent) and Croatia (5 per cent).

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Lithuania

The Port of Klaipeda plans to construct the outer port, near Melnrage or near Butinge. According to the feasibility study conducted by Smart Continent LT, a consulting company, the cost of building it could range from EUR619m to EUR1.1bn. As reported, EUR619m is the cost of building it near Melnrage and EUR1.163bn is the estimated cost of developing it near Butinge.

The Baltic Course quotes Mr. Andrius Jarzemskis, the head of Smart Continent LT, saying: “Looking comprehensively, based on the cost-benefit ratio, the Melnrage option is almost twice as beneficial and more than EUR540m cheaper. Moreover, speaking of the Butinge version, it would be difficult to implement a project of that scale in this area. The Butinge alternative is just 550 meters away from the Lithuanian-Latvian border and is also within the Butinge geomorphological reserve, and that makes the development of this area even more complicated”.

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What’s up in indexes

BET (of Bucharest) decreased from 8,203.98 index points Thursday, August 9th to 8,153.10 index points Friday, August 10th. It’s down 0.62 per cent d/d and down 2.14 per cent y/y.

BUX (of Budapest) decreased from 36,844.99 index points Thursday, August 9th to 36,171.26 index points Friday, August 10th. It’s down 1.83 per cent d/d and down 1.77 per cent y/y.

CROBEX (of Zagreb) decreased from 1,841.80 index points Thursday, August 9th to 1,836.52 index points Friday, August 10th. It’s down 0.29 per cent d/d and down 0.59 per cent y/y.

OMXR (of Riga) increased from 1,005.49 index points Thursday, August 9th to 1,006.36 index points Friday, August 10th. It’s up 0.09 per cent d/d and down 0.75 per cent y/y.

OMXT (of Tallinn) increased from 1,232.88 index points Thursday, August 9th to 1,235.45 index points Friday, August 10th. It’s up 0.21 per cent d/d and down 1.52 per cent y/y.

OMXV (of Vilnius) increased from 711.37 index points Thursday, August 9th to 712.83 index points Friday, August 10th. It’s up 0.21 per cent d/d and up 9.63 per cent y/y.

PX (of Prague) decreased from 1,079.27 index points Thursday, August 9th to 1,073.40 index points Friday, August 10th. It’s down 0.54 per cent d/d and up 4.63 per cent y/y.

SAX (of Bratislava) increased from 330.17 index points Thursday, August 9th to 330.64 index points Friday, August 10th. It’s up 0.14 per cent d/d and down 0.84 per cent y/y.

SOFIX (of Sofia) decreased from 641.76 index points Thursday, August 9th to 639.34 index points Friday, August 10th. It’s down 0.38 per cent d/d and down 12.33 per cent y/y.

UX (of Kyiv) decreased from 1,630.38 index points Thursday, August 9th to 1,626.35 index points Friday, August 10th. It’s down 0.25 per cent d/d and up 43.34 per cent y/y.

WIG20 (of Warsaw) decreased from 2,324.73 index points Thursday, August 9th to 2,247.15 index points Friday, August 10th. It’s down 3.34 per cent d/d and down 5.69 per cent y/y.

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