According to the Swedbank Economic Outlook released on April 6, the bank has left the 2017 GDP growth forecast for Estonia at 2.2%, while unemployment is expected to increase to 7.6% this year. According to the bank’s forecast, Estonia’s GDP is expected to grow by 2.2% this year and by 2.8% next year. Household consumption…
March was the most successful month for terminals working at Ventspils Freeport – a total of 2.6 million tons of cargoes were transshipped, which is 21% more when compared with March 2016, as reported by Ventspils Freeport authority. In total, terminals of Ventspils Freeport had transshipped 7.1 million tons of cargoes in the first three…
The number of bank branches in Ukraine in the first quarter of 2017 decreased by 305 units, the press service of the National Bank of Ukraine (NBU) reports. As of January 1, the number of structural branches of banks in Ukraine totaled 10,316, and as of April 1, the number decreased to 10,011. In particular,…
Debt of solvent banks to the National Bank of Ukraine (NBU) for refinancing loans totals UAH 15.2 billion, and this is UAH 7.7 billion less than earlier this year, the central bank has reported on its website. The NBU said that on April 4, Oschadbank (Kyiv) earlier repaid its debt, returning UAH 2 billion. A…
Prime Minister of Ukraine Volodymyr Groysman says that the Cabinet of Ministers is trying to promote the creation of private small farms, which will ensure economic growth and will stimulate the development of Ukraine. “We want to offer the following: to lift a land moratorium so that only Ukrainian citizens can buy and sell agriculture…
Compared with December 2016, prices of most food products in Latvia increased in March. Prices declined only for imported strawberries, oranges and smoked ham in the first quarter of 2017, according to information from the Agricultural Market Promotion Center. The biggest price increase was noted for imported cucumbers (91%) – from 2.08 EUR/kg to 3.98…
The Ministry of Finance plans to develop the country’s equity in order to stabilize the ratio between Tajikistan’s external debt and its gross domestic product (GDP). “Growth rate of the economy of Tajikistan and stability of its financial system essentially depend on external factors. Jumps in “mood” of the global financial system, instable economic situation…