PrivatBank (Dnipro) has proposed repaying UAH 13.8 billion debt on refinancing to the National Bank of Ukraine (NBU), which will free ex-co-owner of the financial institution Ihor Kolomoisky from personal guarantees, NBU Head Valeriya Gontareva has said. “The bank wants to repay this refinancing to us, but then they will rid Kolomoisky of all the…
Two individuals, Ukrainian citizens, in April submitted packages of documents to the National Bank of Ukraine (NBU) to obtain its approval for the acquisition of a direct stake in the public joint-stock company Prominvestbank (Kyiv), the press service of the central bank has reported. “Now the documents have been registered and are under consideration. After…
In April the index of consumer prices for goods and services totaled 100.7% as against March and 102.4% as against December 2016, the National Statistics Committee of Belarus reported. In April the basic index of consumer prices that disregarded changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.1%…
Compared to April 2016, the average level of consumer prices increased by 3.4% in April 2017. Prices of goods grew by 3.2% and prices of services by 4%. Compared to April 2016, the greatest pressure on the price changes was put by the rise in prices of food and non-alcoholic beverages, goods and services related…
In spite of Latvia’s rapid economic growth, the country’s budget deficit is expected to rise considerably – from 0.8% of GDP this year to 1.8% of GDP next year, said Vice-President of the European Commission Valdis Dombrovskis in Brussels in relation to the spring economic forecast. He says that in accordance with EC’s spring forecast,…
In January-April the Freeport of Riga handled 12.225 million tons of cargo, down by 0.3% YoY. Coal transshipment climbed by 16.1%, to 4,675,900 tons, oil products dropped by 31.3%, to 2,274,200 tons, wood pellets went up by 9.8%, to 291,700 tons, ore by 8.3%, to 108,200 tons. The port’s container throughput grew by 15.2%, to…
The Cabinet of Ministers of Ukraine has decided to transform Antonov and Plant 410 CA state-owned enterprises, which are part of Ukroboronprom state-owned defense giant, into joint stock companies. The relevant resolution was adopted at a government meeting on May 11. “This will improve the corporate management of enterprises, as well as attract investors,” said…