Enterprise Georgia agency is starting a new program to co-finance family-owned, small and medium-size hotels in Georgia. As reported, the program will seek to alleviate financial problems in the tourism industry due to the spread of the coronavirus. The program aims to support family-owned, medium and small-size hotels so that they continue operating in the…
The number of passengers serviced by Ukrainian transport companies in January-February decreased by 0.1% YoY, to 15 billion passenger-kilometers, according to the data provided by the State Statistics Service of Ukraine. Over the reporting period, 675.8 million passengers used the services of domestic transport companies, down by 1.5%. In particular, the number of passengers carried…
Ukraine has cut electricity consumption by over 5% since the introduction of quarantine over COVID-19. “Since the introduction of quarantine measures, electricity consumption in the energy system of Ukraine has decreased by more than 5% at almost the same air temperature,” the press service of state-run Ukrenergo, which operates the country’s integrated power grids, has…
Compared to January, in February the level of producer prices in Latvian industry fell by 0.3%. Prices of products sold on the domestic market reduced by 0.2% and prices of exported products – by 0.4%. Prices of products exported to euro area countries decreased by 0.5% and prices of products exported to non-euro area countries…
The Ministry of Agriculture destroyed 62 tons of cucumbers from Iran infected with a spreader of viral disease. “State inspectors of Shymkent city territorial inspectorate under the Ministry of Agriculture detected a carrier of viral diseases of plants – Western flower thrips – in a large batch of cucumbers delivered from Iran. The import of…
Electricity consumption in Georgia in February increased by 9.9% YoY and amounted to 149.23 million kWh, the Electricity System Commercial Operator of Georgia (ESCO) reported. According to ESCO, electricity consumption by cryptocurrency factories and manufacturers increased by 57.6%. In the reporting period, Tbilisi consumed 8.5% more electricity than in the same period last year. As…
The National Bank of Ukraine (NBU) sold $200 million in the interbank market on March 19 to smoothen out excessive exchange rate fluctuations, the central bank wrote on its Facebook page. “We still do not set the exchange rate. There is a flexible exchange rate in the country. However, our goal is to avoid sharp…