USA and Poland sign 5G security declaration

Mike Pence and Mateusz Morawiecki, Warsaw, Poland (Krystian Maj/KPRM, Public domain)

Labor shortages reduced investment in the Czech Republic

EU will provide EUR363m to Romania for a bridge over Danube

Poland

The US Vice President, Mike Pence signed a joint declaration with Poland’s Prime Minister Mateusz Morawiecki on 5G network security on Monday. “USA and Poland believe that suppliers of 5G network equipment should be rigorously evaluated for foreign government control,” a joint declaration informed.

“All countries must ensure only trusted and reliable suppliers participate in networks,” the declaration said.

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Czech Republic

In 2018, the number of investments concluded by a government agency for attracting investments, CzechInvest dropped nearly 50 per cent y/y, Radio Praha informed.

“Due to the lack of employees on the Czech labor market, some investors prefer other CSE countries,” head of CzechInvest Patrik Reichl told the daily Hospodářské noviny. According to Mr Reichl most of the deals negotiated in 2018 were done by companies which have already been operating in the Czech Republic and wanted to expand their production.

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Romania

The European Commission said it will provide EUR363.3m to finance a construction of a bridge over the Danube in the city of Braila.

The project, which is part of the trans-European transport network via Moldova to Ukraine, will also improve a connection between the northern part of Romania, the city of Tulcea in the east, the Danube Delta and the port of Constanta in the south.

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What’s up in indexes

BET (of Bucharest) increased from 9235.72 index points Friday, August 30th to 9259.41 index points Monday, September 2nd. It’s up 0.11 per cent d/d and up 11.4 per cent y/y.

BUX (of Budapest) decreased from 39794.12 index points Friday, August 30th to 39707.00 index points Monday, September 2nd. It’s down 0.22 per cent d/d and up 7.40 per cent y/y.

OMXR (of Riga) decreased from 1021.84 index points Friday, August 30th to 1021.24 index points Monday, September 2nd. It’s down 0.06 per cent d/d and up 4.91 per cent y/y.

OMXT (of Tallinn) decreased from 1246.45 index points Friday, August 30th to 1245.05 index points Monday, September 2nd. It’s down 0.11 per cent d/d and up 1.59 per cent y/y.

OMXV (of Vilnius) increased from 688.44 index points Friday, August 30th to 690.49 index points Monday, September 2nd. It’s up 0.30 per cent d/d and down 1.09 per cent y/y.

PX (of Prague) decreased from 1037.27 index points Friday, August 30th to 1036.45 index points Monday, September 2nd. It’s down 0.08 per cent d/d and down 3.42 per cent y/y.

RTS (of Moscow) increased from 1293.32 index points Friday, August 30th to 1309.22 index points Monday, September 2nd. It’s up 1.23 per cent d/d and up 20.6 per cent y/y.

SAX (of Bratislava) increased from 343.69 index points Friday, August 30th to 344.16 index points Monday, September 2nd. It’s up 0.14 per cent d/d and down 3.77 per cent y/y.

SOFIX (of Sofia) increased from 567.45 index points Friday, August 30th to 569.90 index points Monday, September 2nd. It’s up 0.43 per cent d/d and down 9.55 per cent y/y.

UX (of Kyiv) closed at 1537.71 index points Monday, September 2nd. It’s the same result as Friday’s. It’s 0 per cent change d/d and down 5.74 per cent y/y.

WIG20 (of Warsaw) increased from 2135.25 index points Friday, August 30th to 2144.48 index points Monday, September 2nd. It’s up 0.43 per cent d/d and down 8.97 per cent y/y.

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