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Author Archives: admin

Ukraine: banks issue UAH 2.4 billion worth of loans to businesses since start of “5-7-9” program

UkraineBy admin2020-07-29Leave a comment

Ukrainian banks within the framework of the government program “Available loans 5-7-9 %” have already issued to businesses across country a total of 1,446 loans worth UAH 2.413 billion. Over the past week alone, 196 new loans were approved in the amount of UAH 638 million, according to the press service of the Ministry of…

Ukraine: RDS Group to build roads in Kherson region

UkraineBy admin2020-07-28Leave a comment

The RDS Group of road construction companies will repair a section of M-14 road in Kherson region, which will be the ninth region of Ukraine in which the company carries out works, the co-founder of RDS, Yevhen Konovalov, has announced. “Our production will be based in Nova Kakhovka. The south and Kherson region are strategically…

Kazakhstan: NKR starts harvesting spring crops

KazakhstanBy admin2020-07-28Leave a comment

Separate households of North Kazakhstan Region started to harvest spring crops last week that was the earliest time for this region. Particularly, the field works were started by two agricultural households, which carried out the spring planting campaign one month earlier than others due to the warm spring. They started to harvest barley last week…

Latvia: road works on Via Baltica prolong car travel by one hour

LatviaBy admin2020-07-28Leave a comment

On the Via Baltica highway that spans across the Baltic States, road works take place on its Latvian section near Saulkrasti. The works make the travel by car longer by approximately one hour, state road network operator Latvijas Valsts Celi informs. The traffic on the A1 highway near the seaside town of Saulkrasti is the…

Kyrgyzstan: construction of new infectious diseases hospital starts in Osh city

KyrgyzstanBy admin2020-07-28Leave a comment

The Prime Minister of Kyrgyzstan Kubatbek Boronov took part in laying a capsule for construction of a new infectious diseases hospital in Osh city. “The second wave of COVID-19 pandemic is expected. Therefore, it is necessary to complete construction of this medical facility in a short time and in compliance with quality. The new hospital…

Ukraine: focus of selling peas shifts from India to EU

UkraineBy admin2020-07-28Leave a comment

The focus of selling Ukrainian peas shifted from India to the EU, particularly Spain and Italy. In 2017-2018 MY, Ukraine supplied 43% of peas to India. In 2019-2020 MY, the figure reduced to 13%. At the same time, the share of Italy also totaled nearly 13% and the share of Spain reached 19%. Moreover, Turkey…

Ukraine: increase in minimum wage to affect inflation

UkraineBy admin2020-07-27Leave a comment

A significant increase in the minimum wage in Ukraine may affect macroeconomic indicators and inflation in general, according to the National Bank of Ukraine (NBU), Deputy NBU Governor Dmytro Sologub has said. “If there is an increase in the minimum wage and it is significant enough, it will affect macroeconomic indicators, budget indicators, inflation and…

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