Ukraine to increase healthcare financing

Shatsk District Hospital, Ukraine (GSerhiy, CC BY-SA)

Hungary strengthens economic cooperation with Serbia

Albania – poor outcomes in food exports

Ukraine

Ukraine’s government will increase financing of the healthcare system by UAH25bn (EUR802m) over three years – the Interfax reports. The agency quotes Ulyna Suprun, Acting Minister of Health, who said that according to the government bill on healthcare reform “by 2020 the amount of spending on the healthcare system will increase to 5 per cent of GDP”.

The Prime Minister Volodymyr Groysman has already informed that the draft budget for 2018 envisages an increase in the financing of the healthcare system by UAH11bn up to UAH112.5bn.

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Hungary

Serbia is Hungary’s top economic partner in the Western Balkans – Hungary’s Foreign Affairs and Trade Minister Peter Szijjarto claims. The Hungary Journal follows up a meeting of the Hungarian-Serbian economic committee in Szabadka (Subotica). Szijjarto met with tSerbia’s Economy Minister Goran Knezevic who informed that both countries “were exploring further investment opportunities”.

As reported, the committee discussed “the upgrade of the Budapest-Belgrade railway line, the construction of a Szeged-Subotica-Baja railway line, the opening of new border-crossing points between the two countries, the expansion of economic and trade relations, as well as the development and connection of Hungarian and Serbian gas pipelines.”

Hungarian companies participate in Serbian privatisation programs. The bilateral trade turnover reached EUR2bn in 2016. In the first 7 months of 2017 it grew by 32 per cent.

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Albania

Albanian News reports that the value of the goods imported by the European Union from Albania reached EUR181m in 2016. The exported products were: food (including processed foods, vegetables and fruits), livestock and fish. Albania has imported from the EU goods worth EUR457m.

As the portal informs, among the six Western Balkan countries (Albania, Kosovo, Montenegro, Macedonia, Serbia, Bosnia and Herzegovina), Albania places 4th in the rank of best trading partners of the EU. And in terms of fish and sea products’ exports Albania is the first with volume of EUR51m per year.

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What’s up in indexes

BET (of Bucharest) increased from 8,032.38 index points Monday, October 16th to 8,063.80 index points Tuesday, October 17th. It’s up 0.39 per cent d/d and up 17.41 per cent y/y.

BUX (of Budapest) decreased from 39,119.98 index points Monday, October 16th to 38,909.78 index points Tuesday, October 17th. It’s down 0.54 per cent d/d and up 35.99 per cent y/y.

CROBEX (of Zagreb) decreased from 1,855.09 index points Monday, October 16th to 1,847.08 index points Tuesday, October 17th. It’s down 0.43 per cent and down 6.31 per cent y/y.

OMXR (of Riga) increased from 1,018.71 index points Monday, October 16th to 1,020.07 index points Tuesday, October 17th. It’s up 0.13 per cent d/d and up 42.80 per cent y/y.

OMXT (of Tallinn) increased from 1,230.92 index points Monday, October 16th to 1,236.37 index points Tuesday, October 17th. It’s up 0.44 per cent d/d and up 21.27 per cent y/y.

OMXV (of Vilnius) decreased from 649.81 index points Monday, October 16th to 648.68 index points Tuesday, October 17th. It’s down 0.17 per cent d/d and up 18.71 per cent y/y.

PX (of Prague) increased from 1,052.75 index points Monday, October 16th to 1,055.99 index points Tuesday, October 17th. It’s up 0.31 per cent d/d and up 16.43 per cent y/y.

SAX (of Bratislava) closed at 309.89 index points Tuesday, October 17th. It’s 0 per cent change d/d and down 1.45 per cent y/y.

SOFIX (of Sofia) increased from 670.28 index points Monday, October 16th to 671.11 index points Tuesday, October 17th. It’s up 0.12 per cent d/d and up 32.56 per cent y/y.

UX (of Kyiv) decreased from 1,218.78 index points Friday, October 13th to 1,215.75 index points Tuesday, October 17th. It’s down 0.25 per cent d/d and up 44.81 per cent y/y.

WIG20 (of Warsaw) decreased from 2,534.52 index points Monday, October 16th to 2,514.36 index points Tuesday, October 17th. It’s down 0.80 per cent d/d and up 46.68 per cent y/y.

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