Ukraine intends to strengthen cooperation with Norway in the field of renewable energy production and also plans to attract foreign investment in this area, according to Yaroslav Demchenkov, Ukraine’s Deputy Minister of Energy for European Integration. “We would like to strengthen cooperation with Norway in the field of renewable energy production. For example, as part…
Commercial banks in Georgia lent 39.60 billion GEL and received deposits of 35.12 billion GEL in July, the latest data by the National Bank of Georgia (NBG) showed. The amount of deposits increased by 1.72% MoM, while loans by 0.98%. Last month, the sum of term deposits (deposits made for a predetermined period of time)…
Latvian Saeima’s Defense, Internal Affairs and Corruption Prevention Committee decided to conceptually approve the option on letting services providers work as usual as long as they had a negative Covid-19 test result. They will need to cover related expenses on their own, however. This may not apply to employees of healthcare and public institutions. The…
In the second quarter of 2021, the total production value of Estonian construction enterprises in Estonia and abroad increased by 17% YoY, data from Statistics Estonia showed. Considering only the Estonian construction market, the growth in construction volume was 18%. The production value of Estonian construction enterprises totaled EUR 921 million, whereas building construction accounted…
First Deputy Minister of Economy and Finance of Kyrgyzstan Daniyar Imanaliev held a meeting with representatives of Globalization Office of Alibaba Group. The parties exchanged views on topical issues of joint cooperation in the field of e-commerce. In particular, they discussed issues of joining the eWTP for the sale of domestic products on Alibaba and…
Uzbekistan and UAE have announced the implementation of 15 joint investment projects worth $5 billion. Bilateral cooperation issues were on the agenda of negotiations between Uzbek Deputy PM, Minister of Investment and Foreign Trade, Sardor Umurzakov, and the Minister of Economy of the United Arab Emirates, Abdullah bin Tuk al-Marri. The parties considered opportunities for…
The situation with Latvia’s state budget is good at the moment, Minister of Finance Janis Reirs has said. “If we look at data from the first half-year and July, the situation looks good. Revenue is up by about 6% when compared to last year and 1.7% ahead of planned budget revenue,” said Reirs. The minister…