SLOVENIA
EU Commission green-lights EUR 80 million for Koper-Divača track
The EU Commission has given a go-ahead for an investment worth EUR 80 million out of the cohesion fund to co-finance the new rail section from Divača to Koper, said the Commission on Tuesday. The funds will be spent on building a tunnel and two viaducts on the track, which is to improve rail interconnection. (STA)
Delo says state not protecting interests of domestic companies
Delo says in Tuesday's front-page commentary that it could hardly be said that the Slovenian state protects the interests of domestic companies. Everything suggests that it is the opposite - that it actually hampers their work, the newspaper adds. (STA)
Vrtovec attends conference on EU maritime shipping industry
Infrastructure Minister Minister Jernej Vrtovec supported proposed European Green Deal measures and said Slovenia was in favour of cutting CO2 emissions in maritime transport at EU and global levels as part of the International Maritime Organisation (IMO) as he attended a conference of EU transport ministers in Hamburg. (STA)
INTERNATIONAL MARKETS
European stocks close higher, looking to rebound from last week’s losses; BELEX15 down 0.48%; Public debt of Serbia in July 56.7% of GDP
European stocks closed higher Monday as investors monitor progress on various coronavirus vaccines, with markets looking to recover from consecutive losses fueled by the tech sector at the end of last week. The pan-European Stoxx 600 provisionally closed 1.6% higher, with autos adding 2.6% to lead gains as all sectors and major bourses entered positive territory.
Britain’s Dechra Pharmaceuticals saw its shares surge almost 7% after a strong earnings report, while at the other end of the European blue chip index, Luxembourg-based telecoms and satellite company SES slid around 5%.
Serbian BELEX15 was down 0.48% as Komercijana lost 1.85%, while 0.5% gain at NIS was not enough to neutralize this. NIS was also the most active name with RSD 1.2m in volume.
The public debt of Serbia amounted to EUR 26.579 billion at the end of July 2020, which is 56.7% of the country's GDP, the Ministry of Finance announced. Nominally, the public debt is lower in July by EUR 248 million compared to June, when it was EUR 26.827 billion, or 57.3% of the GDP.
Source: CNBC, Ilirika
