Ukraine: NBU decides to liquidate VTB Bank

The National Bank of Ukraine on December 18 made a decision to terminate the banking license of Kyiv’s VTB Bank, a subsidiary of the eponymous Russian lender, the press service of the Individuals’ Deposit Guarantee Fund reported. “The Deposit Guarantee Fund made the corresponding decision based on the National Bank decision on December 18 on…

Ukraine: new guided projectile Kvitnyk ready for testing

Ukraine’s state-run defense concern UkrOboronProm says a new 152 mm high precision-guided artillery projectile Kvitnyk is ready to undergo scheduled testing. All components of the new ammunition are 100% Ukraine-made, the arms manufacturer boasts. “The state-owned Progres Research and Production Complex, which is a part of UkrOboronProm, has completed the works on total import substitution…

Kyrgyzstan: gas supply to some Bishkek districts to be suspended for 10 days

Gas supply to some districts of Bishkek will be suspended, the Public Relations and Media Service of Gazprom Kyrgyzstan company reported. In connection with emergency restoration work on December 17-21, supply of gas will be suspended in the following areas: – in Krasniy Stroitel, Keramicheskiy, Kaindy housing estates; – in Nizhnyaya Ala-Archa village (Andijan, Logvinenko,…

Georgia: Japan and Korea next export markets for wine

Japan and South Korea will be the next export markets for Georgian wine, Georgian Agricultural Minister Levan Davitashvili announced. Davitashvili accented the importance of state programs that resulted in the development of Georgian wine on export markets. The minister also underlined the increase in the Georgian National Wine Agency’s budget, which would assist in the…

Estonia: Riigikogu adopts 2019 state budget

The Riigikogu has adopted Estonia’s 2019 state budget, the total volume of which exceeds EUR 11 billion. Altogether 52 MPs voted in favor and 46 against the 2019 State Budget Act, spokespeople for the Riigikogu said. 23 proposed amendments submitted ahead of the third reading of the state budget bill were reviewed on December 12,…

Kyrgyzstan: only organic products to be manufactured

Kyrgyzstan has to switch to the production of only organic products, that is, non-GMO and cultivated with the use of natural fertilizers. Speaker of the Parliament Dastanbek Dzhumabekov sent a corresponding instruction to the government. It states that the production of agricultural products throughout the country should become organic within ten years. Farmers should not…

Ukraine: Kyiv International Airport names most popular destinations in 2018

The most popular international flights from Igor Sikorsky Kyiv International Airport (Zhuliany) in 2018 were Minsk, Warsaw, Sharm el-Sheik, Ankara, Dubai, and Antalya, the airport’s press service wrote on Facebook. “And domestic flights – Odesa, Zaporizhzhia, and Lviv,” reads the report. In January-November Kyiv International Airport serviced 2.606 million passengers, up by 53.7% YoY. “The…