The board of the National Bank of Ukraine (NBU) has decided to reduce the refinancing rate from April 14, to 13% per annum from 14% per annum introduced on October 28, 2016. “The restoration of the mitigation of the monetary policy is in line with the necessity of achieving inflation targets in 2017-2019 and would…
The Delegation of the European Union (EU) to Ukraine has highlighted the importance and urgency of the adoption of the electricity market bill debated in the Verkhovna Rada. “This would be a key step towards a competitive and open electricity market in Ukraine, bringing it closer to the way how the electricity markets operate in…
This year the average salary in Ukraine grew by 35% and the actual incomes of citizens – by 20%, Prime Minister of Ukraine Volodymyr Groysman stated during a meeting of the parliamentary committee on April 12. “This year the average salary grew by 35%, while inflation persisted at moderate rates. The actual incomes grew by…
Saeima speaker Inara Murniece hopes charter flights between Latvia and China will commence next year. “It would be a major impulse for economic development and tourism. Latvia and China have established a good political dialogue, and we are prepared for more active cooperation in trade, investments and transport fields,” Murniece said on April 12, during…
On April 12, a meeting of the joint Latvian-Kyrgyzstan transport work group was held in Transport Ministry. At the end of the meeting, the two sides signed an agreement for closer cooperation between the two countries in transport, transit, logistics and aviation. During the meeting, the two sides presented development trends, planned projects, and discussed…
In January-March Neva-Metal CJSC (stevedoring company of Severstal) handled about 800,000 tons of cargo, which is close to the result of January-March 2016, the company reported. Container handling totaled about 23,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized and…
The first consignment of buses assembled in Turkey arrived in Tajikistan. Tajikistan has purchased 40 Isuzu buses assembled in Turkey for Dushanbe and they have moved to Tajikistan through the territories of Iran, Turkmenistan and Uzbekistan. The buses were reportedly moving from Turkey to Tajikistan for 12 days. “The buses will enter into service on…