Serbian and Hungarian energy bourses to merge

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GRECO urges Slovakia to strengthen fight against corruption

Romania and the US sign memorandum on 5G technologies

Serbia and Hungary

The power exchanges of Serbia and Hungary are expected to merge by the end of the year, Serbian Minister of Energy Aleksandar Antic informed.” The merger would provide a single-point access to the energy market of the CSE countries, increase the liquidity of the day-ahead market, as well as the profitability and efficiency of the two operators,” Mr. Antic said after a meeting with Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto.

According to the Serbian government the new power exchange will be based in Budapest and Belgrade, with the project being open to interested additional partners.

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Slovakia

The Council of Europe’s Group of States against Corruption (GRECO) has urged Slovakia to strengthen the effectiveness of its legal framework and policies to prevent corruption amongst top executives functions and police force.

GRECO claims that an important, qualitative step would be the adoption of an action plan targeting corruption risks specific to government work. This should go hand in hand with clear standards and rules for ministers, state secretaries, political advisers and senior officials, in the form of a well-publicized code of conduct.

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Romania

Romania’s president Klaus Iohannis announced that a memorandum of understanding (MoU) between the governments of Romania and the US on 5G technology was signed in Washington.

“The memorandum does not refer to a particular company, but is a memorandum that clarifies some criteria of transparency, compatibility with the rule of law and so on,” Mr. Iohannis stressed.

Meantime, Sorin Grindeanu, President of the telecom regulator (ANCOM) said that Huawei may be banned in Romania if an assessment of potential problems regarding its local presence would recommend it.

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What’s up in indexes

BET (of Bucharest) decreased from 9135.28 index points Wednesday, August 21st to 9127.70 index points Thursday, August 22nd. It’s down 0.13 per cent d/d and up 11.5 per cent y/y.

BUX (of Budapest) decreased from 38648.00 index points Wednesday, August 21st to 39395.00 index points Thursday, August 22nd. It’s down 0.64 per cent d/d and up 8.33 per cent y/y.

OMXR (of Riga) decreased from 1030.42 index points Wednesday, August 21st to 1019.56 index points Thursday, August 22nd. It’s down 1.05 per cent d/d and up 1.90 per cent y/y.

OMXT (of Tallinn) increased from 1251.42 index points Wednesday, August 21st to 1252.14 index points Thursday, August 22nd. It’s up 0.13 per cent d/d and up 2.24 per cent y/y.

OMXV (of Vilnius) decreased from 690.03 index points Wednesday, August 21st to 689.21 index points Thursday, August 22nd. It’s down 0.12 per cent d/d and down 2.75 per cent y/y.

PX (of Prague) increased from 1037.98 index points Wednesday, August 21st to 1042.32 index points Thursday, August 22nd. It’s up 0.42 per cent d/d and down 2.86 per cent y/y.

RTS (of Moscow) increased from 1280.19 index points Wednesday, August 21st to 1282.63 index points Thursday, August 22nd. It’s up 0.19 per cent d/d and up 20.4 per cent y/y.

SAX (of Bratislava) decreased from 344.11 index points Wednesday, August 21st to 343.69 index points Thursday, August 22nd. It’s down 0.12 per cent d/d and down 1.66 per cent y/y.

SOFIX (of Sofia) decreased from 579.50 index points Wednesday, August 21st to 574.00 index points Thursday, August 22nd. It’s down 0.96 per cent d/d and down 8.81 per cent y/y.

UX (of Kyiv) decreased from 1567.68 index points Wednesday, August 21st to 1555.69 index points Thursday, August 22nd. It’s down 0.76 per cent d/d and down 4.48 per cent y/y.

WIG20 (of Warsaw) increased from 2105.88 index points Wednesday, August 21st to 2108.05 index points Thursday, August 22nd. It’s up 0.10 per cent d/d and down 8.17 per cent y/y.

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