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09.01.2019

Croatia: Foreign tourist overnight stays growth +20% y/y in November

Foreign tourist overnight stays (67.2% in total) increased by 20.0% y/y in November, thus accelerating from 12.2% y/y growth in October, according to preliminary data released by the stats office on Wednesday. The print is good news as November is definitely out of the high season, while the winter holidays are in December. Domestic overnight […]

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14.06.2018

Poland’s govt to propose hiking minimum wage by 5.7% to PLN 2,220

Poland’s Law and Justice (PiS) government has proposed to raise the minimum wage by 5.7% to PLN 2,220, Deputy Labour and Social Policy Minister Stanislaw Szwed was cited telling the state news agency PAP on Thurs. The minimum hourly wage will be raised by 5.8% to PLN 14.50. The government’s proposal go to the Social […]

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04.10.2017

Retail sales growth speeds up to 6.8% y/y in Slovakia

Growth of retail sales (excluding motor vehicles) rebounded again growing by stronger 6.8% y/y in August after the 4.9% y/y increase reported in July, according to the latest figures of the stats office published on Wednesday. The accelerating retail sales growth bodes well with the improving in the month consumer sentiments. Given the latter’s marked […]

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04.10.2017

In Ukraine power tariffs to grow in 2018 – energy regulator

There will be reasons to increase power tariffs next year, the head of the national energy regulation commission, Dmytro Vovk, has said on his Facebook page. Apart from inflation, dividend policies of state companies, and growing wages, power tariff growth will be prompted by the expected growth of the share of expensive power generation by […]

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28.11.2016

Promobox

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03.10.2016

In Belarus central government budget surplus narrows to 1.5% of GDP by end-August

The consolidated budget surplus amounted to BYN1.5bn (about USD 750mn) in January-August, the FinMin has reported. This corresponded to 2.5% of GDP, said the FinMin. The surplus narrowed from 3.2% posted in January-July. The republican or central government budget surplus equaled BYN0.9bn in January-August, down from BYN 1.0bn in January-July, and in relation to GDP […]

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22.08.2016

The latest Spot On issue

Dear readers, We have published the latest issue of Spot On magazine but the application you have used so far to access Spot On has been updated. You can update it in the AppStore or GooglePlay. If your mobile device doesn’t allow automatic updates please remove the application and download it again. The new Spot […]

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11.07.2016

EU to issue about EUR50m to fight corruption in Ukraine

The EU considers issuing some EUR 50mn to Ukraine for an anti-corruption initiative, visiting EU commissioner Johannes Hahn told a press conference in Kiev today. He said the Ukrainian market was attractive for investors, but corruption was the main problem, and it can be the decisive factor in decision making. Johannes said he knew that […]

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26.02.2016

S&P affirms rating of power utility CEZ at A- with Stable outlook

S&P affirmed on Friday the rating of domestic power utility CEZ at A- with Stable outlook. The agency said that despite its expectations of slightly lower-than-anticipated revenues and EBITDA as of 2018 following the fall in power prices in Czech Republic, CEZ would be able to maintain funds from operations to debt above its 25% […]

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19.01.2016

FinMin: Poland sticks to plans to reduce FX debt to below 30 per cent of total

Poland stands by the plans to reduce FX-denominated debt to below 30% of the total debt, Finance Minister Pawel Szalamacha wrote in a response to an MP interpellation, confirming earlier indications. “The current foreign debt level (based on the place of issue criterion) amounts to PLN 297.169 bln which represents 33.9% of the state public […]

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