The National Bank of Ukraine (NBU) on February 25 put into circulation the 200-hryvnia banknotes designed in 2019. The design of the new banknotes has not changed much and is almost identical to that of 200-hryvnia banknotes issued in 2007, according to the regulator’s website. In particular, the portrait of Lesya Ukrainka, one of Ukraine’s…
Online commerce in Estonia has grown by over 50% since 2017, according to SEB Bank, with the market share of online merchants increasing to 11% over the same period. Much of the growth comes from relatively recent types of e-commerce, such as ride-sharing and food delivery services, with large, international e-stores seeing the largest increases.…
The National Bank of Kyrgyzstan has raised the discount rate by 0.75%, to 5%. This decision was made by the Board of the National Bank of the Kyrgyz Republic. The National Bank noted that prices in Kyrgyzstan showed moderate growth. As of February 14, inflation rate was 3.9% in annual terms. The rise in prices…
Kazakhstan plans to reduce flights to coronavirus-hit states, Talgat Lastayev, head of Civil Aviation Committee, has announced on the sidelines of the Government meeting. The country plans to reduce flights to such countries, as South Korea, Japan and Iran. He informed that a respective intergovernmental commission is planned to be established. According to Yonhap, South…
The Ministry of Economic Development, Trade and Agriculture of Ukraine is monitoring the situation with the coronavirus outbreak in the world and its impact on the global economy, but does not yet see any negative consequences for the Ukrainian economy, Minister of Economic Development, Trade and Agriculture of Ukraine Tymofiy Mylovanov has said. “We are…
Ukraine and Turkey expand scheduled air service between the countries. “Following the negotiations at the level of the aviation agencies of Ukraine and Turkey in Ankara on February 20, the existing conditions of scheduled air service on routes between Ukraine and the Republic of Turkey were expanded,” the State Aviation Administration of Ukraine informs. The…
The Government of Georgia has made a decision to suspend direct flights with Iran amid the recent coronavirus outbreak. The Foreign Ministry announced that this aimed to prevent the possibility of the spread of the China-born virus to Georgia and to protect its citizens. “The government of Georgia is in constant communication with the Iranian…