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Daily Archives: 2021-01-22

Ukraine: National Bank keeps discount rate at 6%

UkraineBy admin2021-01-22Leave a comment

The National Bank of Ukraine (NBU) has decided not to change the discount rate and leave it at the level of 6%, NBU Governor Kyrylo Shevchenko says. “The Board of the National Bank decided to keep the discount rate unchanged at 6% per annum,” Shevchenko said at a briefing on January 21. The NBU notes…

Latvia: government allocates EUR 600,000 to support NGOs

LatviaBy admin2021-01-22Leave a comment

On January 21, Latvia’s Cabinet of Ministers decided to allocate EUR 600,000 from the state budget for emergencies to support non-government organizations (NGOs) to compensate for the negative effect of Covid-19 crisis in 2021, as reported by Culture Ministry. Because of the spread of the pandemic, restrictions put in place by the government continue causing…

Kyrgyzstan: concept of creative economy to be approved

KyrgyzstanBy admin2021-01-22Leave a comment

The Ministry of Economy submits for public discussion the draft decree “On Approval of the Concept of Development of Creative Economy in the Kyrgyz Republic for 2021-2023”. According to the justification note, the need to create favorable conditions for the development of the sectors that make up the creative industries is stated in the National…

Estonia: construction prices start rising at end-2020

EstoniaBy admin2021-01-22Leave a comment

While the construction price index in Estonia fell by 0.1% YoY in the fourth quarter of 2020, state agency Statistics Estonia reported, between Q3 and Q4 2020, the index rose, by 0.4%. Ulo Paulus, Statistics Estonia analyst, said the Q4 2020 rise on the previous quarter was primarily driven by an increase in the costs…

Ukraine: heating and hot water tariffs not to increase

UkraineBy admin2021-01-22Leave a comment

Prime Minister of Ukraine Denys Shmyhal has instructed to prepare a draft memorandum of understanding on the settlement of problematic issues in the sector of centralized heating and hot water supplies in Ukraine. Shmyhal gave such an order during a meeting on tariff policy in the sector of centralized heating on January 20. “All branches…

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