Ukraine’s President: Russia would never blackmail us

Ukraine Independence Day, 2018 (President of Ukraine, Mykhailo Markiv, Public domain)

Latvia with the biggest budget surplus ever

Romania: 40 per cent of internet users run banking operations each week

Ukraine

The Interfax quotes Ukraine’s President Petro Poroshenko speech at a military parade in Kyiv, during the 27th anniversary of Ukraine’s independence. Mr. Poroshenko recalled that thanks to the Association Agreement and the Free Trade Agreement with the European Union (EU), Ukrainian exports to the EU reaches almost 43 per cent, compared with 32 per cent 4-5 years ago. Ukraine’s President confirmed Ukraine’s pro-European approach and the country’s will to strengthen Ukraine’s economic independence.

“A clear European strategy has given us an opportunity to compensate for the huge losses that we suffered as a result of the politically motivated closure by Russia of its market and transit to third countries for Ukrainian goods. Russia will no longer be able to blackmail us because we have strengthened our economic independence,” Mr Poroshenko said.

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Latvia

In the period January–July 2018, the Latvian budget revenues totaled EUR6.49bn, while expenditures amounted to EUR5.82bn. It means that the budget surplus accumulated reached EUR678.1m. It’s the largest surplus the country ever recorded – the Baltic Course informs. It’s EUR384.5m larger than in 2017.

According to the Baltic Course it was thanks to “a 15.7 per cent rise in budget revenues from the first seven months of 2018. Money flew into the Latvian budget for EU-funded projects and as the Cohesion Fund’s final investment support for the programming period 2007-2013”.

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Romania

Romanians are becoming fluent in online banking. The Romania Insider shows the data from the survey conducted by Exact Business Solution, according to which 40 per cent of internet users run online banking operations each week. 42 per cent run such operations at least once a week. There are also people who use internet banking several times a day. It’s 9 per cent of all respondents.

The survey shows that men use internet banking more eagerly than women. 48 per cent of male internet users declared they run digital banking operations at least once a week. Only 37 per cent of female respondents said so.

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What’s up in indexes

BET (of Bucharest) increased from 8,271.66 index points Friday, August 24th to 8,280.76 index points Monday, August 27th. It’s up 0.22 per cent d/d and down 0.99 per cent y/y.

BUX (of Budapest) increased from 36,192.13 index points Friday, August 24th to 36,686.00 index points Monday, August 27th. It’s up 1.36 per cent d/d and down 3.71 per cent y/y.

CROBEX (of Zagreb) increased from 1,820.55 index points Friday, August 24th to 1,820.96 index points Monday, August 27th. It’s up 0.02 per cent d/d and down 1.95 per cent y/y.

OMXR (of Riga) decreased from 975.62 index points Friday, August 24th to 973.59 index points Monday, August 27th. It’s down 0.21 per cent d/d and down 4.91 per cent y/y.

OMXT (of Tallinn) decreased from 1,224.93 index points Friday, August 24th to 1,224.36 index points Monday, August 27th. It’s down 0.05 per cent d/d and down 4.12 per cent y/y.

OMXV (of Vilnius) decreased from 706.42 index points Friday, August 24th to 704.59 index points Monday, August 27th. It’s down 0.26 per cent d/d and up 8.05 per cent y/y.

PX (of Prague) increased from 1,072.86 index points Friday, August 24th to 1,076.51 index points Monday, August 27th. It’s up 0.34 per cent d/d and up 3.92 per cent y/y.

SAX (of Bratislava) decreased from 349.48 index points Friday, August 24th to 347.62 index points Monday, August 27th. It’s down 0.53 per cent d/d and up 5.79 per cent y/y.

SOFIX (of Sofia) decreased from 636.32 index points Friday, August 24th to 634.77 index points Monday, August 27th. It’s down 0.24 per cent d/d and down 11.09 per cent y/y.

UX (of Kyiv) decreased from 1,632.18 index points Thursday, August 23rd to 1,629.15 index points Monday, August 27th. It’s down 0.19 per cent d/d and up 43.88 per cent y/y.

WIG20 (of Warsaw) increased from 2,312.70 index points Friday, August 24th to 2,369.97 index points Monday, August 27th. It’s up 2.48 per cent d/d and down 6.37 per cent y/y.

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