In August, eight new companies entered the non-bank financial services market in Ukraine, while 13 companies left the market, the press service of the National Bank of Ukraine (NBU) reported. In August, the number of non-bank financial market participants decreased to 1,933 (as of August 31) from 1,938 (as of July 31). The number of…
In central Latvia, the Kekava Municipality has banned organizing gambling in its territory set up in 2021, as part of the administrative and territorial reform. From now on, the 27 thousand people living in the 454-square-kilometer territory will not have on-site gambling services available to them. The Kekava Municipality passed the decision to ban organizing…
Georgia exported 65 million bottles of wine to 59 countries in January-August, up by 19% YoY, the Georgian National Wine Agency reported. By selling wine abroad Georgia generated $145 million. Revenues increased by 13%. Exports of Georgian wine increased to the following countries: the Czech Republic (+646%, 112,236 bottles), Mongolia (+316%, 306,690 bottles), Canada (+132%,…
Inflation of close to 5% is likely to remain for several months and may even be exceeded in some months, according to an economist from Scandinavian-owned bank SEB. Mihkel Nestor, economic analyst at SEB Estonia, said: “In the second half of 2020, the consumer price index (CPI) fell by 1% on average per month, but…
The overall unemployment rate in Kyrgyzstan does not exceed 5-6%, UN Women reports. According to the organization, the most vulnerable are young people from 15 to 28 years old. The overall unemployment rate in this age group has dropped from 11.6% to 10% over the past five years. However, unemployment among young women (13.6%) continues…
The state debt of Uzbekistan as of July 1 stood at $24.2 billion, or 35.8% of GDP, according to the Ministry of Finance. The state external debt amounted to $21.8 billion and the internal debt stood at $2.4 billion. “The reasons for the growth of the state debt by $858.6 million in the first half…
In January-August, Boryspil International Airport serviced 5,816,254 passengers, up by 66% YoY. In particular, over the eight months of this year, Boryspil Airport provided air service to 3,339,622 passengers traveling by regular flights and 2,476,632 traveling by charter flights. In August, Boryspil Airport serviced 1,251,316 passengers, including 827,556 passengers carried by regular flights and 423,760…