Fitch Ratings international rating agency has affirmed the credit rating of Ukrzaliznytsia JSC (Ukrainian railways) at B and improved the rating outlook from stable to positive. The improvement of Ukrzaliznytsia’s credit rating forecast became possible after the forecast of Ukraine’s sovereign rating was changed from “Stable” to “Positive.” “One of the priority tasks is to…
Electricity prices in Estonia have almost doubled over the past year, influenced by the increased demand during the hot summer – thanks to air conditioning units and refrigeration – and a rise in demand in general. The average electricity price rose by EUR 40 just between March and April, while state-owned energy generator Eesti Energia…
Georgia’s external trade turnover amounted to $7.48 billion in January-July, up by 21.8% YoY, showed preliminary data from the National Statistics Office of Georgia (Geostat). The value of exports increased by 27.8% and totaled $2.27 billion, while imports increased by 19.3%, to $5.20 billion. The trade deficit of Georgia in January-July amounted to $2.93 billion,…
A meeting has been held between Kyrgyzstan’s Deputy Minister of Finance and Economy Zharasul Abduraimov and Ambassador of Austria to Kyrgyzstan with residence in Nur-Sultan city Willy Kempel. During the meeting, the parties stressed the need for further deepening of cooperation between the two countries in the trade and economic sphere, the press service of…
The Minister of Labor, Migration and Employment of the Population of Tajikistan Shirin Amonzoda has met with the Minister of Employment and Labor Relations of Uzbekistan Nozim Khusanov in Tashkent. The parties exchanged views on the plans in the field of labor and employment for 2021-2023. Following their meeting, two agreements were signed on cooperation…
Reform of the coal industry and the gradual abandonment of thermal generation are important factors contributing to decarbonization and climate neutrality, Minister of Energy of Ukraine German Galushchenko has said at a meeting with British Ambassador to Ukraine Melinda Simmons. “Decarbonisation is one of the key challenges we’re facing. This is an issue, first of…