More than half of Latvian employers pay their employees wages below the minimal monthly amount, said Director of the State Revenue Service Tax Control Office Sandra Karklina Admine on July 24. She says SRS puts a lot of effort into combating grey economy. Combating envelope wages will be one of this year’s main priorities, she…
The Belarusian nuclear power plant will be fully commissioned in the summer of 2020, Rosatom Director General Aleksei Likhachev said during a meeting with Belarus President Alexander Lukashenko on July 24. “We worked all the day at the plant and discussed the state of affairs. We are ready to make an extensive report,” Aleksei Likhachev…
Energy remains the basis of cooperation between Sophia and Baku, Azerbaijani ambassador to Bulgaria Nargiz Gurbanova said. “Azerbaijan regards Bulgaria not only as a country consuming Azerbaijani gas, but also as a transit country in the European area,” she said. The diplomat also stressed that Bulgaria fully supported the Southern Gas Corridor project, which envisaged…
Azer Turk Bank’s assets reached 311. 623 manats as of June 30, said the message posted on the bank’s website on July 24. Loan portfolio of the bank totaled 126.7 million manats. The aggregate capital of the bank, after payoffs, amounted to 54.811 manats, the capital adequacy ratio was set at 40.84%. The total income…
The State Automobile Roads Agency, also known as Ukravtodor, even if the funds from reprofiling of government domestic loan bonds are sent to the company, would not be able to use them in 2017, Ukravtodor head Slawomir Nowak has reported. “If this was the money sent to the public road fund, it would have been…
The Ukrainian Ministry of Economic Development and Trade has published a list of state enterprises, organizations and institutions that will either remain in state ownership or will be transferred to concession, privatized or liquidated. The Cabinet of Ministers approved the relevant documents that together represented a strategic vision for the further management of state-owned enterprises,…
Finance and Capital Market Commission in cooperation with Federal Bureau of Investigation’s Counterproliferation Center found out in a target inspection that Latvian banks – Norvik Banka and Rietumu Banka – had not followed requirements of regulations for the prevention of money laundering and terrorism funding. Violations are associated with client evaluation, which includes transaction monitoring…