Real GDP of Ukraine increased by 3.4% in the fourth quarter of 2018 compared to the same period in 2017, the State Statistics Service of Ukraine has reported. Real GDP in the fourth quarter of 2018 increased by 1.1% QoQ (taking into account a seasonal factor), and by 3.4% compared to the fourth quarter of…
The ice road between Haapsalu and Noarootsi opened on February 15 at 11.00 EET, only to close a few hours later. The 4km stretch of ice road, a short cut between the mainland town of Haapsalu and the Noarootsi peninsular, also on the mainland, was opened to vehicles weighing up to 2.5 tons. However, thawing…
Azerbaijan has simplified the procedure for connecting enterprises to the power grid, Elsever Rustamli, head of the Azerishig OJSC department for prospective development and work with the ASAN service, reported. Now, the procedure of connecting to the power grid for entrepreneurs takes 20 days and is carried out in two stages. “The first stage involves…
The free trade deal signed between Georgia and Hong Kong has come into effect. The deal was signed back on June 28, 2018, within the framework of the Belt and Road summit in Hong Kong, the Georgian Ministry of Economy and Sustainable Development reports. It will enable Georgian entrepreneurs to provide their produce to Hong…
In January seaports of Ukraine handled 11.9 million tons of cargo, up by 3.4% YoY, says press center of Ukrainian Sea Ports Authority. According to the statement, the growth was mainly driven by a 12% increase of exports (by 1 million tons), while import and transit dropped by 23.3% (by almost 500,000 tons) and by…
Finance Ministry in 2018 borrowed UAH 286.5 billion, or $10.6 billion, to finance the deficit of the national budget. In particular, foreign loans were estimated at UAH 112.3 billion ($4.2 billion), while domestic borrowings totaled UAH 174.2 billion ($6.4 billion), according to the ministry’s website. The Finance Ministry also informed about the structure of last…
Twenty-four Georgian wines have received two double-gold, 15 gold and seven silver medals at the 6th Sakura Japan Women’s Wine Awards 2019, the National Wine Agency of Georgia says. Various Georgian wines were selected among 4,326 items from 34 countries after the tasting assessment held on January 29-30. The competition featured the best commercially-produced wines…