Lithuania’s central banker says it sees no clear signs of an upcoming new economic crisis but warns about slowing growth. Vitas Vasiliauskas, the Bank’s chief, acknowledges that the “income turning to expenses” continues, although differently from ten years ago. According to him, the Bank’s assessment is based on how the 2019 budget numbers. (BNN/Business World…
Turkey and Ukraine agreed to have signed the free trade agreement by the year’s end. “At the 7th meeting of the strategic council we decided to have completed the work on signing of the free trade agreement by the year’s end. We believe that we will be able to achieve our goal – balance of…
The State Aviation Administration of Ukraine has satisfied all applications from the low cost airline SkyUp for new regular and charter flights. This is stated in the newsletter issued by the Administration’s commission following its meeting on October 29. Thus, SkyUp is allowed to fly regularly from Kyiv to Kharkiv, Poprad (Slovakia) and Abu Dhabi…
A Georgian wine tasting was held in Matsuyama, Japan. The tasting was attended by numerous wine importers, masters, representatives of the media, restaurants and hotels chains. During the event master of wine Kenichi Ohashi offered guests Georgian wine while introducing them to its history and culture, as well as to certain aspects of the modern…
The European Bank for Reconstruction and Development (EBRD) has lowered its forecast for Estonia’s economic growth this year by 0.2%, to 3.6%, citing poor corporate investment. The EBRD highlighted that following the investment-led strong gross domestic product (GDP) growth recovery of 4.9% in 2017, economic growth in Estonia slowed down to 3.5% YoY in the…
Road builders in Balykchy city have not been paid their salaries for a long time and have gone on a strike. They have not received money since the summer. All work is suspended now. People placed equipment on the section of the bypass road to Balykchy. The Ministry of Transport and Road confirmed the information…
The Ministry of Agrarian Policy and Food of Ukraine reports that Ukraine has exported 65.7 thousand tons of flour as of October 31, down by 57.6 thousand tons YoY. Since the start of MY 2018-2019 wheat flour shipments have amounted to 65.3 thousand tons, whereas other types of flour – 0.5 thousand tons. In MY…