The number of passengers in Polish airports reached a record high in 2017

F. Chopin Airport, Warsaw, Poland (Dennis Jarvis, CC BY-SA)

Croatia plans to reduce VAT rate in 2019

Ukraine: trade exchange with Canada increased

Poland

Warsaw Business Journal reports that Warsaw Chopin Airport hit the record in 2017. It serviced 15.75 million passengers. It’s up 22 per cent y/y. In 2016 it was 12.8 million. The number of passengers traveling on domestic flights was 2.1 million (up 47.5 per cent y/y) and on international flights there was 13.7 million (up 20 per cent y/y). 25 per cent of all the airport traffic were transit passengers. 35 carriers operated flights from the Chopin Airport, offering 119 routes.

Polish daily, Dziennik Gazeta Prawna adds that in total Polish airports serviced more than 40 million of passengers in 2017. It’s up 17 per cent y/y. The highest growths were in the airports of Kraków, Gdańsk, Katowice and Wrocław. 

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Croatia

Croatian government plans to reduce value-added tax (VAT) rate, but not in 2018. SEE News Corporate Wire quotes Croatian Minister of Finance Zdravko Marci, who said that it’s already been decided on the tax policy in 2018. According to him, in the following months, the cabinet will carry out analysis on further tax cuts. Also, the property tax will be reduced, but – as the portal informs – “only after VAT has been adjusted”.

VAT rate in Croatia is 25 per cent. It’s one of the highest rates in the EU.

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Ukraine

Ukrainian President Petro Poroshenko informed that the trade between Ukraine and Canada has grown by 60 per cent thanks to the free trade agreement signed by these countries. Earlier, in December 2017, Pavlo Klimkin, Foreign Minister of Ukraine, revealed that Ukraine’s exports to Canada grew 76 per cent and imports from the country increased 93 per cent in 2017.

The free trade agreement between Ukraine and Canada was signed on July 2016. It entered into force on August 2017. As the Interfax reports, the deal “cancels 98 per cent of tariffs for Ukrainian exports to Canada and 72 per cent of tariffs from Canada to Ukraine”.

It is estimated that in the next 7 years, the duty-free exports will increase to 98 per cent.

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What’s up in indexes

BET (of Bucharest) increased from 8,316.59 index points Wednesday, January 17th to 8,362.90 index points Thursday, January 18th. It’s up 0.64 per cent d/d and up 16.51 per cent y/y.

BUX (of Budapest) increased from 39,543.26 index points Wednesday, January 17th to 39,664.00 index points Thursday, January 18th. It’s up 0.31 per cent d/d and up 20.77 per cent y/y.

CROBEX (of Zagreb) decreased from 1,876.37 index points Wednesday, January 17th to 1,873.87 index points Thursday, January 18th. It’s down 0.13 per cent d/d and down 7.64 per cent y/y.

OMXR (of Riga) increased from 1,027.00 index points Wednesday, January 17th to 1,033.02 index points Thursday, January 18th. It’s up 0.59 per cent d/d and up 38.99 per cent y/y.

OMXT (of Tallinn) increased from 1,267.54 index points Wednesday, January 17th to 1,279.49 index points Thursday, January 18th. It’s up 0.94 per cent d/d and up 17.59 per cent y/y.

OMXV (of Vilnius) increased from 663.30 index points Wednesday, January 17th to 664.90 index points Thursday, January 18th. It’s up 0.24 per cent d/d and up 18.06 per cent y/y.

PX (of Prague) increased from 1,115.63 index points Wednesday, January 17th to 1,119.05 index points Thursday, January 18th. It’s up 0.31 per cent d/d and up 20.86 per cent y/y.

SAX (of Bratislava) increased from 338.36 index points Wednesday, January 17th to 342.21 index points Thursday, January 18th. It’s up 1.14 per cent change d/d and up 8.40 per cent y/y.

SOFIX (of Sofia) increased from 709.86 index points Wednesday, January 17th to 711.20 index points Thursday, January 18th. It’s up 0.19 per cent d/d and up 17.28 per cent y/y.

UX (of Kyiv) decreased from 1,487.97 index points Wednesday, January 17th to 1,449.60 index points Thursday, January 18th. It’s down 2.58 per cent d/d and up 69.07 per cent y/y.

WIG20 (of Warsaw) decreased from 2,600.37 index points Wednesday, January 17th to 2,591.22 index points Thursday, January 18th. It’s down 0.35 per cent d/d and up 29.20 per cent y/y.

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