The National Bank of Ukraine (NBU) plans to continue bringing the Ukrainian banking legislation in line with the EU legislation and introducing best world practices, NBU Governor Kyrylo Shevchenko has written on Facebook. “The NBU welcomes the European Parliament’s resolution on the Implementation of the EU Association Agreement with Ukraine. This resolution was passed by…
Estonia’s economy will grow by 2.6 % in 2021, the European Commission has forecast. The figures represent a climb-down from 6.2% predicted for 2021 last summer, and also depends on a gradual reduction in coronavirus restrictions. The commission said last year the economy contracted by 2.9%, again a lower figure than forecast in summer 2020,…
Uzbekistan has lifted all restrictions on air travel with Germany. The corresponding decision was made by a special republican commission on February 11. All inbound, outbound and transit flights between Uzbekistan and Germany are allowed to resume again. The Uzbek government banned entry from Germany and seven other countries on December 21, 2020 amid the…
Only 15.7 billion soms of state investments were used in Kyrgyzstan in 2020 with the plan of 18.6 billion that amounted to 83%. The volume of spent funds to the originally approved plan was only 67%. The Prime Minister Ulukbek Maripov noted that over the past six years, there had been a weak use of…
An online conference between H.E. Sheikh Ali Alwaleed Al Thani, Chief Executive Officer of the Investment Promotion Agency (IPA) of Qatar, and UkraineInvest Executive Director Serhiy Tsivkach has taken place. The meeting was initiated by the Embassy of Ukraine in the State of Qatar. During the event, the parties exchanged views on the further development…
Ukraine has passed through the economic crisis with minimum losses compared to other European countries, Ukrainian Prime Minister Denys Shmyhal has said during an online meeting with Director General of the Confederation of European Business Markus Beyrer and representatives of European companies during his working visit to Brussels. Shmyhal noted that according to investment companies,…
At least $2,377.16 billion was transferred to Kyrgyzstan as of year-end 2020. The National Bank provided such data. Compared to the previous year, the volume of transfers decreased by $29.69 million. At the same time, in December 2020, unlike November 2020, the figure grew by $15.9 million. the money was transferred from Russia – $2,324.79…