Lithuanians have just enjoyed a four-day weekend. While employers decry public holidays as a drain on the economy, others say the GDP should not be the main measure of social welfare. All Saints’ Day on November 1 and All Souls’ Day on November 2 are public holidays in Lithuania, the latter having been made one…
Tallink Grupp says its subsidiary AS Tallink Latvija has signed a contract with Holland Norway Lines BV for the long-term charter of the company’s vessel Romantika. The charter agreement becomes effective when confirmed by the related financial partners shortly. The vessel, operating under the Latvian flag, will be delivered to the charterer in late March…
Wizz Air resumed direct regular flights from Georgia’s Kutaisi to Vienna and Berlin. Regular flights from Kutaisi Airport to Vienna and Berlin are operating from November 2. In particular, flights to the Austrian capital will operate twice a week, while to the German capital, at the initial stage, once a week. Georgian citizens are able…
Most Estonian crowdfunding service providers will from this month have to apply for authorization from the Financial Supervision Authority (FSA), in line with European Union regulations. Kilvar Kessler, FSA board chair, says his organization has been working on this basis already, while the EU crowdfunding regulation is to enter into force on November 10, with…
Over the past month, price of potatoes has grown by 5.17 soms in Kyrgyzstan. The National Statistical Committee provided such data. While at the beginning of October potatoes cost an average of 29.93 soms, in November their price reached 35.1 soms. The most potatoes rose in price in Karakol (by 12.4 soms), Toktogul (by 10…
The Ukrainian Ministry of Finance raised UAH 6.66 billion to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On November 2, at auctions for the placement of domestic government bonds, the Finance Ministry offered investors six issues of securities in the national currency. Overall,…
In January-September, the volume of problem loans in Ukrainian banks shrank by UAH 56 billion, the National Bank of Ukraine (NBU) wrote on its Telegram channel. “The volume of problem loans in Ukrainian banks decreased by UAH 56 billion in January-September. The share of non-performing loans (NPLs) reduced from the beginning of the year by…