Turkmenistan: Berdimuhamedov not satisfied with low rate of maritime transport

Turkmenistan’s President Gurbanguly Berdimuhamedov expressed dissatisfaction at a meeting of the government, pointing to low rates of cargo transportation by the State Service of Maritime and River Transportation. Berdimuhamedov noted that Turkmenistan’s transport system had considerable reserves of production capacity, allowing it to ensure increasing volumes of transportation of goods and passengers, including those traveling…

Estonia: September 2017 consumer price index up

According to the information released by Statistics Estonia, the consumer price index in September decreased by 0.1% compared to the previous month and increased by 3.7% YoY. Compared to September 2016, goods were 3.7% and services 3.5% more expensive. Regulated prices of goods and services have risen by 7.4% and non-regulated prices by 2.7% compared…

Azerbaijan: banks to continue consolidating

Azerbaijan’s banks will get bigger in 2018, through the ongoing consolidation as well, Anar Hasanov, first deputy chairman of Azerbaijani AccessBank’s Management Board, said. “I believe that new bank merger cases will occur on the market in 2018,” he declared. “The banking sector is moving in this direction and local banks will be enlarged. It…

Estonia: completion of eastern border delayed

While Estonia’s modern eastern border with Russia was initially planned to be completed by 2018 or 2019 at the latest, currently even test sections of the border have not yet been finished. Last November, then-Minister of the Interior Hanno Pevkur (Reform) said that the Estonian government had set the ambitious goal of building the new…