Total Active Cases
Spain’s Coronavirus situation is not being considered stable by a large share of EU countries, with many of them advising their citizens not to travel to Spain for non-essential purposes. Health authorities in Spain have reported 8,618 new COVID-19 cases since Friday, leading Schengen countries to tighten their preventive measures, with some of them even […]
U.S. Secretary of State Mike Pompeo is launching a weeklong trip to central Europe with a stop Tuesday in the Czech Republic where he is scheduled to give a speech and have a dinner meeting with Foreign Minister Tomas Petricek. Pompeo is also set to visit a museum commemorating the U.S. role in liberating the region during World War 2. The top U.S.
Poland’s Liga Futbolu Amerykańskiego, LFA, has set the final schedule for a “post lockdown coronavirus shortened” 2020 season with a kickoff on September 5. The league will wind up with a championship final November 14. In its last act before the new federation in Poland, the American Football Association in Poland, ZFAP (Związek Futbolu Amerykańskiego w Polsce), takes over […]
The health ministry on Monday announced 10 new coronavirus cases from 2,619 tests. This brings the total number of cases to 1,252 Five people are being treated in hospital but none in the ICU. Six of the cases concern passengers tested at the airport. Four were Polish tourists – three…
A Polish rainbow: When Poland's ultra-conservative president Andrzej Duda was sworn in for his second term on Thursday, he was greeted by a show of colors, as members of the opposition coordinated their outfits to reflect the rainbow flag that symbolizes solidarity with the gay community. Duda, an a...
Last month, the leaders of the European Union managed to craft a muscular economic rescue package to deal with the economic toll from COVID-19. By making disbursements of aid contingent on adherence to fundamental democratic principles, the continent&rsquo;s democracies may just save the European project.
As of Friday, August 14 Poland and Portugal will be placed in Cyprus’ category B list of countries, the health ministry announced. Poland has been downgraded from category A, while Portugal received an upgrade from category C. Passengers arriving from category B need to present a negative coronavirus PCR test…
Central European stocks tracked global peers higher on Tuesday, as risk sentiment worldwide received a boost from hopes that an agreement can be reached on a U.S. stimulus package. U.S. President Donald Trump tweeted on Monday that Democrats wanted to meet to make a deal on coronavirus-related economic relief, after talks between Democrats and members of his administration broke down last week. "Probably until we know the shape of the fiscal plan in the United States, hopes that it will be good for the market will cause share prices to rise," said Bartosz Kulesza, an analyst at Pekao in Warsaw. At 0928 GMT Warsaw's WIG 20 was up 1.84%, while Prague's PX index had risen 1.86% and the main index in Budapest was up 0.27%. Currencies were looking for direction ahead of data later this week, which will include GDP for Poland and Romania. The Polish zloty was 0.05% firmer against the euro at 4.4002. The Czech crown and the Hungarian forint were both 0.03% weaker at 26.20 and 344.87 respectively, while the Romanian leu softened 0.11% to 4.8345. Hungarian headline inflation accelerated to an annual 3.8% in July from 2.9% in June, while core inflation rose to a seven-year high, the Central Statistics Office (KSH) said. Core inflation HUCPIC=ECI came in at an annual 4.5%, rising from 4% in June. The National Bank of Hungary said that tax-adjusted core inflation was 4.1% in July versus 3.5% in June. "The central bank's (MNB) concern that inflation could continue to fall well below its inflation target was a key argument for the 15 basis point rate cuts in June and July," Commerzbank said in a note. "If inflation continues to rise and the market doubts that the MNB will react accordingly, the HUF is likely to come under pressure. In this respect, the market will be watching the MNB's interest rate meeting at the end of August with great interest." The National Bank of Hungary will hold government bond auctions on Tuesday. The NBH restarted government bond purchases last month after a two-month break. Yields on the longest-dated Hungarian government bonds have come down substantially, by around 40 bps, since the central bank last month resumed its quantitative-easing programme. Czech benchmark 10-year yields rose almost 10 basis points to 0.903% on Tuesday, while Polish 10-year yields rose just under 2 basis points to 1.285%. CEE SNAPSHOT AT MARKETS 1128 CET CURRENCI ES Latest Previous Daily Change bid close change in 2020 Czech crown Hungary Polish zloty Romanian leu Croatian kuna Serbian dinar Note: daily calculated from 1800 CET change Latest Previous Daily Change close change in 2020 Prague 931.91 914.8900 +1.86% -16.47% Budapest 36401.47 36302.78 +0.27% -21.01% Warsaw 1856.73 1823.15 +1.84% -13.64% Bucharest 8689.18 8620.18 +0.80% -12.91% Ljubljana <.SBITOP 850.15 846.64 +0.41% -8.18% > Zagreb 1594.08 1591.24 +0.18% -20.98% Belgrade <.BELEX1 672.36 672.64 -0.04% -16.13% 5> Sofia 433.99 431.99 +0.46% -23.61% Yield Yield Spread Daily (bid) change vs Bund change in Czech spread Republic 2-year 5-year 10-year Poland 2-year 5-year 10-year FORWARD 3x6 6x9 9x12 3M interban k Czech Rep 0.33 0.33 0.38 0.34 Hungary 0.63 0.63 0.62 0.60 Poland 0.19 0.17 0.17 0.23 Note: FRA are for ask prices quotes ***************************************************** ********* (Reporting by Alan Charlish in Warsaw, Aniat Komuves in Budapest and Radu Marinas in Bucharest; Editing by Nick Macfie)
BRUSSELS (AP) - As European countries struggle to manage spikes in coronavirus cases, concern is mounting about a "second wave" of uncoordinated border restrictions within Europe that threatens the free movement of goods and people - a foundation that the world's biggest trading bloc is built on. Despite repeated warnings about the dangers of unannounced checks, some countries have imposed new restrictions, or demanded that travelers quarantine, recalling the panic border closures after Europe's first outbreak emerged in Italy in February, blocking traffic and medical equipment. Beyond the economic impact of uncoordinated measures, experts fear that countries are becoming so used to lowering the gates at their frontiers as they see fit that the future of Europe's ID-check free travel zone known as the Schengen area is in real peril. In a letter to national governments, seen by The Associated Press, the European Commission warns that "while we must ensure that the EU is ready for possible resurgences of COVID-19 cases ... we should at the same time avoid a second wave of uncoordinated actions at the internal borders of the EU." "The re-establishment of ineffective restrictions and internal border controls must be avoided. Rather, the response should be to have targeted, proportionate and coordinated measures, informed by scientific evidence," said the letter, sent to the 27 EU member countries and Britain. Belgium - where EU headquarters are based - does not allow travel to some regions in Spain, notably Catalonia in the north, and also has bans on people coming from parts of France, Britain, Bulgaria, Croatia, Lithuania, Romania and Switzerland. Scandinavian nations are notably quick to react to any rise in infection rates. Denmark's foreign ministry now has Spain, Bulgaria, Luxembourg,...
Central European currencies held steady while equities were mixed as investors took stock of data showing growth in industrial output in China, a sign of recovery from the coronavirus pandemic. At the same time, U.S.-China tensions and worries about the further economic effects of the pandemic were also affecting investor sentiment. Markets also looked to Washington for signs of more U.S. stimulus. Currencies in the region edged up with the Hungarian forint leading gains, up 0.17% at 345.40 to the euro. "The exchange rate is still moving sideways in the narrow range between 343 and 348," Erste bank said in a note. The forint has been stuck in this range for about two weeks. "According to the technical picture, there is a chance of the forint weakening slightly in the short term," Equilor said in a note. Elsewhere, the Polish zloty edged up 0.06% to 4.406 per euro. Poland's interest rates are too low and the central bank's rate-setting panel should consider increasing them, rate-setter Eugeniusz Gatnar said on Monday. The central bank has cut rates three times this year to a record low of 0.1%. The Czech crown firmed 0.1% to 26.275 versus the common currency. The crown retreated from a multi-month high last week after the central bank left interest rates unchanged on Thursday. The Romanian leu was also stable, up 0.04% and trading at 4.8365 per euro after the central bank unexpectedly cut its benchmark rate to 1.50% last Wednesday. "In view of the currently louder calls from the political side for a further easing of monetary policy, one can hardly avoid the impression of increasing political influence," Commerzbank wrote in a note. "Should the latter manifest itself, this is (medium-term) no good news for the RON." Most share markets in the region firmed, with Budapest's stocks gaining 1.4% by 0829 GMT. Prague's equities firmed 1.15% while Bucharest's blue chip index edged up 0.3%. Warsaw's main index slipped 0.13%. CEE SNAPSHO AT MARKETS T 1029 CET CURRENC IES Latest Previou Daily Change s bid close change in 2020 EURCZK= Czech EURHUF= Hungary 0 0 EURPLN= Polish EURRON= Romanian EURHRK= Croatian EURRSD= Serbian 0 0 Note: calculated from 1800 daily CET change Latest Previou Daily Change s close change in 2020 .PX Prague 917.65 907.260 +1.15% -17.75% 0 .BUX Budapest 36454.6 35952.5 +1.40% -20.89% 5 3 .WIG20 Warsaw <.WIG20 1814.86 1817.23 -0.13% -15.59% > .BETI Bucharest 8601.16 8572.86 +0.33% -13.79% .SBITOP Ljubljana <.SBITO 843.53 840.05 +0.41% -8.89% P> .CRBEX Zagreb <.CRBEX 1576.87 1576.45 +0.03% -21.84% > .BELEX1 Belgrade <.BELEX 662.60 667.68 -0.76% -17.35% 5 15> .SOFIX Sofia <.SOFIX 430.70 430.87 -0.04% -24.19% > Yield Yield Spread Daily (bid) change vs Bund change in Czech spread Republic CZ2YT=R 2-year s CZ5YT=R 5-year s CZ10YT= 10-year s Poland PL2YT=R 2-year s PL5YT=R 5-year s PL10YT= 10-year s FORWARD 3x6 6x9 9x12 3M interba nk Czech Rep Hungary Poland Note: FRA are for ask quotes prices ********************************************* ***************** (Editing by Emelia Sithole-Matarise)
Poland's conservative president, Andrzej Duda, has been sworn in for a second term before parliament members. Most opposition parliamentarians and some former leaders did not attend the ceremony Thursday, both because of COVID-19 restrictions and to show their disapproval of what they call Duda's disregard for the constitution during his first term, and his almost total acceptance of the ruling right-wing party's policies that have put Poland at odds with European Union leaders. In a speech to lawmakers after taking the oath of office, Duda said Poland should strengthen Euro-Atlantic ties and
Donald Trump’s new campaign manager credited the revival of the president’s daily virus briefings with narrowing the gap between him and Democratic nominee Joe Biden. Ohio Governor Mike DeWine tested positive for the virus, after a standard test ahead of Trump’s visit to his state.
The Polish Town Civic Association is planning to sell Polonaise Park, the 1.3-acre property that houses the Polish Town Pavilion and hosted numerous concerts and other events over the years, according to Kay Davis, the association’s president. And while this year’s Polish Town Fair was canceled due to COVID-19 concerns, Ms. Davis said the nonprofit...
DUBAI: What was first identified as another respiratory disease akin to the common flu has taken the lives of over 600,000 people around the world in just six months. The latest strain of the coronavirus disease (COVID-19) has been described as an invisible enemy, slowly revealing new symptoms as the global scientific community continues investigations into it.
By John Vandermosten, CFA TSX:HBP.TO | OTC:HBPCF READ THE FULL HBP.TO RESEARCH REPORT Third Quarter 2019 Operational and Financial Results Helix BioPharma Corp. (TSX: HBP.TO) (OTC: HBPCF) reported third quarter 2020 results and submitted its SEDAR filings on July 30, 2020. During the third quarter, which ended April 30, 2020, Helix presented at the Noble Capital Markets conference, raised CAD$6
US Secretary of State Mike Pompeo during his August 15 visit to Warsaw will sign the new US-Poland Enhanced Defence Cooperation Agreement (EDCA) and meet with Poland's top officials, Polish President Andrzej Duda's top aide Krzysztof Szczerski said on Saturday.
2,500: Google has deleted around 2,500 YouTube accounts linked to a coordinated misinformation campaign about Hong Kong, Chinese regime critics and China's coronavirus response. It's been a busy week for social media platforms cracking down on fake news, after Facebook and Twitter censored a post fr...
By Martin Mühleisen, Tryggvi Gudmundsson, and Hélène Poirson Ward Español, Português The economic impact of the COVID-19 pandemic on emerging market economies far exceeded that of the global financial crisis. Unlike previous crises, the response has been decisive just like in advanced economies. Yet, conventional policies are reaching their