Lithuania’s Central Bank has promised to assess information regarding Latvian VIA SMS Group working in the country. This decision is a reaction to the statement made by Seimas National Security and Defense Committee member Arvydas Anusauskas that people associated with former Parex Banka owners worked in that company. “Before issuing the aforementioned association a license…
Construction of a section of Madaniyat-Jalal-Abad road will begin in October. This became known during a two-day working visit of the President Sooronbai Jeenbekov to the southern region of the Kyrgyz Republic. As the Minister of Transport and Roads Zhamshitbek Kalilov reported, the contract for the construction of the road was signed on June 11…
Members of Saeima’s Economic, Agricultural, Environmental and Regional Policy Committee supported amendments to the Handling of Alcoholic Beverages Law, stating that small breweries would be allowed to use products grown only in Latvia. With amendments it is planned to define that small breweries are private persons or businessmen that produce wine, fermented beverages, and other…
President of Ukraine Petro Poroshenko held a meeting with Minister of Environmental Protection, Jerusalem Affairs and Heritage Minister of Israel Ze’ev Elkin. “The interlocutors discussed an intensive trade and economic cooperation between the two countries and noted significant prospects for its further development. In this regard, they agreed on the need for the earliest possible…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 110.05 million, the fund’s press service reports. “Last week assets of 20 banks, which were in the management of the fund, were sold for UAH 110.05 million,” reads a report. In particular, UAH 34.36 million was received in repayment of the fund creditors’…
The administrator of the liquidated Trasta komercbanka has recovered EUR 320,501 in July, which is much more than the amount recovered a month prior, when EUR 5,054 was recovered. All of the money recovered in July was recovered from issued loans. So far in 2018 the administrator has recovered a total of EUR 1.875 million.…
Georgian Ambassador to Tehran Ioseb Chakhvashvili said Tbilisi was willing to increase its economic cooperation with Iran and looked forward to win-win trade with the Islamic Republic. “Given the existing potential between the two countries, we are seeking win-win cooperation with Iran,” Chakhvashvili said during a meeting in Tehran. He added that Iranian investors could…