The Ministry of Economy spoke about economic consequences of coronavirus for Kyrgyzstan. There will be a reduction in external supply and demand, worsening of trade terms with the countries that are the main trading partners of the republic, and a reduction in domestic demand due to a slowdown in economic activity caused by a reduction…
The Ministry of Agriculture has officially confirmed its canceling of the ban on the exports of wheat flour, and imposition of restrictions on the exports of wheat, reported the press-service of the ministry. According to the announcement, in order to meet the country’s domestic needs for grains (including to keep the volumes of animal feed…
Many major banks in Estonia have not changed interest rates on home loans amid the coronavirus pandemic to date, though they are paying more attention to those customers who are seeking homeloans at a time when many planned purchases have been put on hold. One bank, Luminor, says it has cut its interest rates. “A…
In January-March, 20.3 thousand new passenger cars were registered in Ukraine, up by 11% YoY, according to the Ukrainian Motor Vehicle Manufacturers Association, UkrAutoProm. At the same time, the number of new passenger cars registered in March decreased by 15%, to 6,244 units. In March, Renault cars had the largest demand, with 1,222 cars registered.…
Prime Minister of Ukraine Denys Shmyhal argues that the government is considering options for weakening restrictive measures set up to flatten the curve of coronavirus spread to restart the economy. At the same time, he admitted this would depend on the dynamics of the spread. “We’re very well aware that many people, the majority of…
Lithuania’s wet-lease and charter services provider GetJet Airline has handed lay-off notices to 370 employees, the Employment Service has said. These include 14 technicians, eight flight coordinators, six maintenance control coordinators, five crew coordinators, five auditors and four financial controllers. GetJet Airlines had a total of 392 employees in February, based on data from the…
Georgian gross domestic product (GDP) grew by 2.2% YoY in February, showed the latest data from the National Statistics Office of Georgia (Geostat). In February, the estimated real growth compared to the same period of the previous year occurred in the following sectors: wholesale and retail trade; repair of motor vehicles and motorcycles, information and…