The National Bank of Kyrgyzstan intervened in the foreign exchange market for the second time in a month. It turned out to be the largest intervention since the beginning of the year. A total of $5.5 million were sold with settlements on the date of the transaction and $64.8 million – with settlements different from…
Ukrainian farmers this year received UAH 36.7 billion worth of loans on favorable terms, with more than UAH 31 billion allocated to farmers under the program “Affordable Loans 5-7-9%”, Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko said on Facebook. “However, small farmers did not always have access to such financing. To make…
Ukrainian diplomats have presented the export potential of Ukraine to Algerian entrepreneurs. The Embassy of Ukraine in Algeria reported this following the round table meeting “Export potential and investment opportunities of the Ukrainian-Algerian partnership”. The participants in the business forum from the Algerian side included the leaders and owners of about 20 leading companies from…
The housing loan portfolio of Lithuania’s banks grew more than in any other eurozone country this year, showing signs of overheat, said central bank chief Gediminas Simkus. A correction in the housing market could shake the country’s financial system. Between January and September, Lithuanian banks issued 50% more in housing loans than over the same…
In October, passenger turnover at Riga International Airport comprised 351 thousand passengers, up 3.9-fold YoY and by 5.1% MoM. This is the second largest number of passengers at airport since the beginning of pandemic in March 2020. However, compared to October 2019 before the pandemic, when there were 705.2 thousand passengers, the drop comprises 50.2%,…
There were three offers made for the Tallinn public transport firm Tallinna Linnatranspordi AS (TLT) tender to procure 23 new trams. The city hopes to enter into a contract no later than in the beginning of 2022. TLT board chairman Deniss Borodits said there were three offers made for the tender – tram manufacturers CAF,…
President Shavkat Mirziyoyev set a goal to increase the capacity of solar and wind power plants in Uzbekistan to 8,000 MW until 2026, presidential press service has reported. Nearly $6 billion worth of components and materials will be needed to build new solar and wind power stations. The head of the state instructed to develop…