A new carrier operating flights between Tallinn and Kuressaare, the capital of the island of Saaremaa, brings with it a change to flight timetables, in response to islanders’ complaints that the morning service to Tallinn arrived too late in the day. NyxAir won the tender after a lengthy process, replacing Lithuanian firm Transaviabaltika, and the…
President of Ukraine Volodymyr Zelensky has invited representatives of British financial circles to invest in Ukraine. During his official visit to the United Kingdom, President Volodymyr Zelensky visited the London Stock Exchange, the world’s oldest stock exchange. He also met with its leadership and Lord Mayor of the City of London William Russell. Zelensky said…
In January-September, Ukraine reduced exports of goods by 5.6%, to $35.1 billion, while imports decreased by 11.8%, to $38 billion compared to the same period in 2019, according to the State Customs Service of Ukraine. During the first nine months of 2020, Ukraine’s imports of goods totaled over $38 billion, down by $5.1 billion (11.8%),…
Compared to September 2019, the average level of consumer prices decreased by 0.3% in September. Prices of goods fell by 1.1%, while prices of services rose by 1.7%. Compared to September 2019, the average level of consumer prices was mainly influenced by the drop in prices of goods and services related to housing, goods and…
Troubled state-owned airline Nordica may have to be privatized in the years to come, due to European Commission rules requiring the repayment of state aid. Management board chair Erki Urva says that European Commission rules require state aid, which amounts in the case of Nordica to EUR 30 million and was issued after the peak…
To provide the population with the main types of banking services, commercial banks and non-bank financial and credit institutions were recommended to resume their activities from October 8, the National Bank of Kyrgyzstan reported. However, they will work in limited mode. To create conditions for timely receipt of salaries, pensions, benefits, as well as providing…
Ukraine’s gross domestic product will decline by about 6% in 2020, according to preliminary forecasts of the National Bank of Ukraine (NBU), NBU Governor Kyrylo Shevchenko has said. “We estimate that the economy will shrink by about 6% until the end of the year,” Shevchenko said. According to him, there are several forecasts for GDP…