POLITICS & POLICY
Hungary – Budapest Stock Exchange: Incentives
The Hungarian government is incentivizing SMEs to enter and listing shares on the Budapest Stock Exchange. State Secretary Agnes Hornung believes that such a move could improve the Hungarian economy. Indeed, new trading platforms will help satisfy firms’ financial needs. Available EU funds are expected to drop after 2020, therefore receiving financial support might be more complicated for Hungarian SMEs in the years to come.
Source: Bbj, 27/05/2016
France – Labour reforms: Strikes
Despite the numerous strikes that have blocked the country, French President Francois Hollande has stated that the government will continue with its labour reforms. In the meantime, French unions have asked workers to intensify industrial actions to protest against the new law. According to union representatives, the government’s “stubbornness” in not revoking the proposed law is only fueling their determination in opposing the legislation. Several organisations, including the IMF, maintain that the labour reform is necessary to create new jobs.
Source: Rfi, 27/05/2016
“I will stay the course because this is a good reform and we must go all the way to adoption … This is not the time to put the French economy in difficulty.”
Francois Holland, French President
Source: Reuters, 27/05/2016
The amount of money that Brexit would cost to pensioners.
Source: The Guardian, 26/05/2016
The amount of state aid that Bulgaria’s First Investment Bank has just repaid.
Source: Novinite, 26/05/2016
Photo Credits CC: François Hollande