In the first quarter of 2018 the level of shadow economy in Ukraine amounted to 33% of GDP, falling by 4% compared to the first quarter of last year. The de-shadowing of the economy became possible due to the preservation of macroeconomic stability and positive economic trends under the implementation of policies aimed at expanding…
The Ukrainian Deposit Guarantee Fund this week intends to sell assets of insolvent banks for the total amount of UAH 6.785 billion, the fund’s press service reports. “The assets of insolvent banks for the sum of UAH 6,784.53 million will be put up for sale this week,” reads the report. According to the Deposit Guarantee…
In the first half of 2018 the Republic of Belarus sharply reduced the export of dairy products to the Russian Federation, according to the National Statistic Committee of Belarus (Belstat). The main reason for the decline in exports was the decline in the supply of condensed milk and milk powder to Russia. At the same…
Georgian company TBC Bank has enjoyed a considerable year-on-year jump in its pretax profit in the 2 quarters of 2018. During the first half of the year TBC’s profit amounted to GEL 239.5 million ($92.8 million). Compared to the first half of last year, TBC Bank reports a GEL 48.1 million ($18.6) increase. Over the…
In the first seven months of 2018 Estonian ports handled 21.1 million tons of cargo, up by 2.7% YoY, according to the data provided by Statistics Estonia. The loading of goods increased by 5.2% YoY, to 14.5 million tons, while unloading declined by 2.2%, to 6.6 million tons. Goods loaded onto ships in July amounted…
The government of Ukraine intends to offer the Moldovan side soon to sign an intergovernmental agreement and begin the construction of a bridge across the Dniester River, Ukrainian Deputy Prime Minister Volodymyr Kystion said after a meeting on this issue, which took place in Kyiv with the participation of central and local executive authorities, according…
A pilot batch of the unguided 80 mm aircraft missile Oskol has been tested in Ukraine. “The RS-80 Oskol missile is our own product, completely developed and manufactured in Ukraine, including all its components,” Ukrainian Military TV’s Oleksandr Shtupun wrote on Facebook. The brigade of Chernihiv-based State Research Institute for Testing and Certification of Arms…