The National Bank of Ukraine (NBU) expects that the economic recovery in Ukraine will begin at the end of the third quarter, First Deputy NBU Governor Kateryna Rozhkova has said. “We expect, based on the forecasts we hear, that from the end of the third quarter, the economy will recover and customers and banks will…
From Q4 2019 onward the price of electricity has reduced, according to the latest market data from the Public Utilities Commission (SPRK). Prices benefit from warm weather and recovery of water reserves, which allows increasing the power production output at hydroelectric power stations. Last year’s lowest average monthly electricity price in Nord Pool exchange was…
As of December 2019, the external debt of Georgia amounted to $18.6 billion, which was 105.1% of the gross domestic product of the year, said the National Bank of Georgia. During the fourth quarter of 2019, the gross external debt of Georgia increased by $729 million. Out of that, a $529.5-million increase was due to…
Municipalities are urged to consider the option to abolish public transport discounts and benefits for certain groups to reduce the risk of people from risk groups getting infected, as well as to more accurately organize the flow of passengers, according to a Twitter post by the Transport Minister Talis Linkaits. Based on the minister’s order…
In January-February, Ukraine produced 245.58 thousand tons of wheat and wheat-rye flour, down by 7.4% YoY, declared the State Statistics Service. In particular, in February Ukraine produced 121.46 thousand tons of flour, down by 12.2%. (APK-Inform/Business World Magazine)