Economy

Economists expect rise in Turkey's February inflation

Turkey's annual inflation rate is projected to rise to 15.45% in February, an Anadolu Agency survey found on Feb. 26. 

Turkey's annual inflation rate in January was 14.97%, up 0.37 percentage points from the previous month.

The Turkish Statistical Institute will announce February's consumer prices index on March 3 Wednesday.

Nuclearelectrica posts 27.8 pct higher profit in 2020

Energy producer Nuclearelectrica, the operator of the Cernavoda nuclear power plant, closed last year with a net profit of 684.7 million lei, by 27.8 percent higher compared to 2019, according to a company statement issued on Thursday. The company's energy output was 10,558 GWh, up 2 percent from the year before.

STA financing suspended again

Ljubljana – The Government Communication Office (UKOM) has suspended the financing of the Slovenian Press Agency (STA) again, declining to pay it for the services provided as a public service in January on the ground that the parties have not yet signed a contract for the year.

E.ON Romania's Paasch:Energy consumers, not to rush to conclude new contracts, liberalization, not done overnight

Energy consumers should not panic or rush to conclude new contracts, because they can make this change at any time, in the context of market liberalization from January 1, Manfred Paasch, general manager of E.ON Romania, told an interview for AGERPRES. He is convinced that, a year after liberalization, the market will look completely different.

Publisind union protests in front of Presidential Administration

The representatives of the Publisind Federation are protesting on Wednesday in front of the Presidential Administration against the salaries' and bonuses' freezing and not indexing pensions with the inflation value, as well as for a rise in the minimum wage, linked with the prices' hikes. "We are public workers and this should not be a stigma!

Constitutional Court stays retirement provisions of stimulus legislation

Ljubljana – The Constitutional Court has stayed the implementation of provisions of the seventh economic stimulus law under which employers may unilaterally and without grounds terminate the employment contract when a worker meets old-age retirement criteria. The constitutional review was initiated by trade unions.

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