The administrator of the liquidated Latvijas Krajbanka recovered EUR 1,038 million in June, up 6.9-fold MoM, according to the official outlook published in Latvian Herald. The bank’s administrator has recovered all the money from issued loans in June. With that the administrator recovered EUR 1.865 million in the first half year of 2018. At the…
In January-June the retail sector in Belarus expanded by 9.3% YoY, to Br21 billion, the National Statistics Committee reported. In H1 wholesale trade totaled Br44.4 billion, up by 6.8%. In January-June one-day retail sales per capita made up Br12.2 as against Br10.9 in January-June 2017. Retail trade by trade companies accounted for 88.9% of the…
The Central Bank of Azerbaijan can again reduce the discount rate during the next meeting of the Board, Director of the Training Center of the Ministry of Taxes of the country, economist Farhad Amirbekov believes. The expert noted that macroeconomic indicators were favorable for further reduction of the discount rate. “The situation is stable from…
The Antonov State Enterprise and Aviall Services Inc., a subsidiary of the Boeing Company, have signed an agreement on cooperation in aircraft production, according to a report posted on Antonov’s page on Facebook. “On July 17 at Farnborough International Airshow 2018, Oleksandr Donets, President of Antonov Company, and Eric Strafel, CEO of Aviall Services, Inc.,…
Riga-Vilnius-Minsk-Kyiv train will be launched from the Ukrainian capital on September 28, Infrastructure Minister of Ukraine Volodymyr Omelyan said at a briefing upon the plenary session of the Intergovernmental Ukrainian-Lithuanian Commission on Trade-Economic and Scientific-Technical Cooperation, which was held in Lviv on July 17, the press service of the Infrastructure Ministry reports. “Last year’s agenda,…
Minister of Economic Affairs and Infrastructure Kadri Simson (Centre) has announced that the ministry is backing an initiative to build a “Tartu Road delta road” or the so-called Smaller Tallinn Ring Road, in order to help calm road traffic on the major thoroughfares to the south of the city center of Tallinn, such as Tartu…
From July 16 for technical reasons and unfavorable temperature the international Urgench airport is closed, the Uzbek national airline “Uzbek Airlines” reported. According to the information, flights to Urgench airport were transferred to the international airports of Nukus and Bukhara. The international airport Urgench is located in the same city, the center of Khorezm region,…