V4 expects European Commission will speed up EU enlargement

V4 meeting, Prague, Czech Republic (Gabriel Piętka/MFA, Public domain)

Putin signs law making Russian apps mandatory

Croatia has a new system to start businesses online

Czech Republic

“The Visegrad Group (V4) expects the new European Commission to open a new era in the EU enlargement with special regard to Western Balkans,” Hungarian Minister of Foreign Affairs Péter Szijjártó said after meeting of the V4 Ministers of Foreign Affairs in Prague. “There must be political will on the EU side, and as we know some countries are suspending these talks, and we think that this is unacceptable,” Polish Minister Jacek Czaputowicz added.

Czech Minister Tomáš Petříček announced that the next V4 meeting will be in an extended format — with the participation of the Benelux countries, as well as Lithuania, Latvia and Estonia.

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Russia

Russian President Vladimir Putin signed legislation forcing all smartphones, computers and smart TV sets sold in the country to come with pre-installed Russian software, TASS news agency informed. The law has been presented as a way to help Russian IT firms compete with foreign companies and spare consumers from having to download software after purchasing a new device.

The law, which will come into force on July 1st next year, has been met with the resistance by some electronics retailers, who say the legislation was adopted without consulting them.

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Croatia

Croatian Finance Ministry and the Financial Agency (FINA) launched the information system START, which is designed to help start a company or a small business online and without an authorized agent, HINA news agency informed. The START system has a single communication and data exchange point, where data are collected only once and are automatically exchanged between institutions and banks. The services are available through the e-citizens system. The main precondition to use this services is an electronic identification card or a FINA certificate.

“We are reducing the burden on future entrepreneurs of various levies, administrative costs and the time needed to start a business,” Economy Minister Darko Horvat said.

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What’s up in indexes

BET (of Bucharest) decreased from 9886.93 index points Friday, November 29th to 9885.91 index points Monday, December 2nd. It’s down 0.10 per cent d/d and up 13.0 per cent y/y.

BUX (of Budapest) decreased from 43704.85 index points Friday, November 29th to 43370.00 index points Monday, December 2nd. It’s down 0.77 per cent d/d and up 6.88 per cent y/y.

OMXR (of Riga) decreased from 1044.95 index points Friday, November 29th to 1037.46 index points Monday, December 2nd. It’s down 0.72 per cent d/d and up 8.27 per cent y/y.

OMXT (of Tallinn) increased from 1264.98 index points Friday, November 29th to 1265.24 index points Monday, December 2nd. It’s up 0.02 per cent d/d and up 3.95 per cent y/y.

OMXV (of Vilnius) increased from 709.59 index points Friday, November 29th to 710.84 index points Monday, December 2nd. It’s up 0.18 per cent d/d and up 10.6 per cent y/y.

PX (of Prague) decreased from 1080.75 index points Friday, November 29th to 1080.08 index points Monday, December 2nd. It’s down 0.06 per cent d/d and up 0.60 per cent y/y.

RTS (of Moscow) decreased from 1438.45 index points Friday, November 29th to 1432.81 index points Monday, December 2nd. It’s down 0.39 per cent d/d and up 24.1 per cent y/y.

SAX (of Bratislava) closed at 343.48 index points Monday, December 2nd. It’s the same result as Friday’s. It’s 0 per cent change d/d and up 3.77 per cent y/y.

SOFIX (of Sofia) increased from 546.57 index points Friday, November 29th to 547.80 index points Monday, December 2nd. It’s up 0.23 per cent d/d and down 8.56 per cent y/y.

UX (of Kyiv) closed at 1492.59 index points Monday, December 2nd. It’s the same result as Friday’s. It’s 0 per cent change d/d and down 14.63 per cent y/y.

WIG20 (of Warsaw) decreased from 2158.94 index points Friday, November 29th to 2122.30 index points Monday, December 2nd. It’s down 1.70 per cent d/d and down 8.89 per cent y/y.

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