The European Bank for Reconstruction and Development (EBRD) climate resilience project proposal for the modernization of a hydropower plant in Tajikistan was approved for co-financing by the Green Climate Fund (GCF) on April 6. According to the EBRD News Center, the EBRD and other co-lenders are providing $158 million for the climate-resilient upgrade of Qairoqqum…
Ukraine in January-March exported electricity for $68.12 million, including $19.355 million in March alone. According to the State Fiscal Service, electricity delivered to Hungary amounted to $55.218 million in January-March, to Poland to $11.101 million, Romania to $1.286 and other countries – $516,000. Thus, in money terms exports of Ukrainian electricity in January-March grew by…
According to the Swedbank Economic Outlook released on April 6, the bank has left the 2017 GDP growth forecast for Estonia at 2.2%, while unemployment is expected to increase to 7.6% this year. According to the bank’s forecast, Estonia’s GDP is expected to grow by 2.2% this year and by 2.8% next year. Household consumption…
March was the most successful month for terminals working at Ventspils Freeport – a total of 2.6 million tons of cargoes were transshipped, which is 21% more when compared with March 2016, as reported by Ventspils Freeport authority. In total, terminals of Ventspils Freeport had transshipped 7.1 million tons of cargoes in the first three…
The number of bank branches in Ukraine in the first quarter of 2017 decreased by 305 units, the press service of the National Bank of Ukraine (NBU) reports. As of January 1, the number of structural branches of banks in Ukraine totaled 10,316, and as of April 1, the number decreased to 10,011. In particular,…
Debt of solvent banks to the National Bank of Ukraine (NBU) for refinancing loans totals UAH 15.2 billion, and this is UAH 7.7 billion less than earlier this year, the central bank has reported on its website. The NBU said that on April 4, Oschadbank (Kyiv) earlier repaid its debt, returning UAH 2 billion. A…
Prime Minister of Ukraine Volodymyr Groysman says that the Cabinet of Ministers is trying to promote the creation of private small farms, which will ensure economic growth and will stimulate the development of Ukraine. “We want to offer the following: to lift a land moratorium so that only Ukrainian citizens can buy and sell agriculture…