Ukraine launches High Anti-Corruption Court

Ukraine’s president President Volodymyr Zelensky (President of Ukraine, Public domain)

Serbia will privatize Komercijalna Banka

New Bulgarian airline Holiday Europe

Ukraine

Ukraine launched the High Anti-Corruption Court with President Volodymyr Zelensky attending the inauguration ceremony. The anti-corruption court was designed to deal with high-profile corruption cases. It employs 38 judges and each case will be judged by a panel of three judges.

“You have a really big challenge today, and it is not just returning the stolen funds to citizens through the punishment of corrupt senior officials of our country. It is returning to citizens the feeling and belief that there really is justice in Ukraine,” Mr. Zelensky said.

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Serbia

Serbia has agreed to buy additional 34.58 per cent of Komercijalna Banka from the European Bank for Reconstruction and Development and the International Finance Corporation.

Serbia wants to increase its stake in the country’s second-biggest bank to be ready for its privatization. So far six potential buyers have expressed a will to participate in the privatization. The deadline for submitting non-binding offers is September 10th.

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Bulgaria

“Bulgarian airline Holiday Europe has begun operations with inaugural flight between Antalya and Nuremberg,” Simple Flying news website informed. From its hub at Sofia International Airport, the new carrier intends to fly to over 50 European destinations by 2022.

Turkish carrier Onur Air has lent Holiday Europe the first plane, and it will “continue to support the airline technically and logistically until further notice”, the company announced.

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What’s up in indexes

BET (of Bucharest) decreased from 9282.37 index points Thursday, September 5th to 9245.30 index points Friday, September 6th. It’s down 0.07 per cent d/d and up 11.1 per cent y/y.

BUX (of Budapest) increased from 40181.00 index points Thursday, September 5th to 403012.46 index points Friday, September 6th. It’s up 0.33 per cent d/d and up 8.25 per cent y/y.

OMXR (of Riga) decreased from 1023.81 index points Thursday, September 5th to 1013.90 index points Friday, September 6th. It’s down 0.97 per cent d/d and up 5.87 per cent y/y.

OMXT (of Tallinn) decreased from 1235.81 index points Thursday, September 5th to 1233.57 index points Friday, September 6th. It’s down 0.12 per cent d/d and up 0.75 per cent y/y.

OMXV (of Vilnius) decreased from 688.28 index points Thursday, September 5th to 687.52 index points Friday, September 6th. It’s down 0.11 per cent d/d and down 0.36 per cent y/y.

PX (of Prague) decreased from 1040.28 index points Thursday, September 5th to 1032.06 index points Friday, September 6th. It’s down 0.79 per cent d/d and down 2.96 per cent y/y.

RTS (of Moscow) increased from 1337.92 index points Thursday, September 5th to 1340.52 index points Friday, September 6th. It’s up 0.19 per cent d/d and up 27.1 per cent y/y.

Friday, September 6th was a non-trading day at Sofia Stock Exchange. SOFIX (of Sofia) closed at 574.17 index points Thursday, September 5th. It’s down 8.59 per cent y/y.

UX (of Kyiv) increased from 1548.76 index points Thursday, September 5th to 1549.70 index points Friday, September 6th. It’s up 0.06 per cent d/d and down 4.97 per cent y/y.

WIG20 (of Warsaw) increased from 2106.89 index points Thursday, September 5th to 2122.60 index points Friday, September 6th. It’s up 0.75 per cent d/d and down 7.43 per cent y/y.

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