American magazine Forbes has included a number of Georgian wines in a list of the best wines to look out for in 2020. The author of the article Adam Morganstern mentions Georgia as an interesting country for its sophisticated methodology of wine pressing, which is still preserved in the country. Morganstern advises readers to visit…
With the arrival of a Moscow-Yerevan flight, the Zvartnots International Airport’s 2019 passenger flow exceeded 3,000,000 for the first time in its history. On this occasion, the airport’s administration surprised the passengers of the flight with holiday gifts. In 2018 the passenger flow was 2,690,000. (Armenpress/Business World Magazine)
The unemployment level decline in Latvia will become slower or even stop this year, according to bank analysts. Swedbank senior economist Agnese Buceniece says under slower economic growth demand for laborers will gradually calm down. The first signals for this came up from business surveys. “Although labor force shortage remains a significant force behind wage…
The Mayor’s Office of Nur-Sultan has shared its plans on construction of affordable housing in 2020. Thus, the local authorities plan to boost affordable housing construction threefold. As many as 3,500 flats were allocated in 2019. The implementation of the program “Rental Housing for Youth” will be continued. The press service of the Mayor’s Office…
The National Bank of Ukraine (NBU) plans to carry out inspections in 45 banks in 2020, the press service of the central bank has reported. “The list of financial institutions subject to scheduled inspections in 2020 includes 45 banks,” reads the report. Also, from July 1 the National Bank will start on-site inspections of non-bank…
Cabinet of Ministers has approved an action plan to reform rail transport, which envisages the preparation of JSC Ukrzaliznytsia for an initial public offering (IPO) and the opening of the rail transportation market, according to Infrastructure Minister Vladyslav Kryklii. “The preparation of Ukrzaliznytsia for an IPO and the opening of the rail transportation market are…
As Estonia organizes the renovation works of its national library expected to cost 1.3 million euros, Associations of Architects have called for the termination of the contract with a design bureau over perceived incompetence. The Association of Architects and the Association of Interior Architects have called for the procurement contract given to Sirkel & Mall…