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Ukraine: UAH 44 billion reimbursed to businesses in January-April 2018

Ukraine's State Fiscal Service (SFS) reimbursed UAH 43.6 billion worth of value added tax (VAT) in January-April, the SFS press service has reported on its Facebook page. "UAH 43.6 billion worth of VAT was reimbursed to taxpayers in January-April. Compared to the respective period last year, the amount of compensation grew by 14.7%, or by UAH 5.6 billion. UAH 38...

Ukraine: PrivatBank’s website among Top 10 most popular banking websites in the world

The PrivatBank's website has entered the Top 10 most visited banking websites and resources in the world. This is stated in a press release. "As of March 1, the PrivatBank's website took the tenth position among the Top 50 most visited banking websites in the world, which is headed by the websites of such U.S. giants as Chase, Wells Fargo...

Turkmenistan: business talks held with Germany

A delegation of Turkmenistan, headed by Deputy Prime Minister Chary Gylydjov, held talks in the Federal Ministry of Economy and Energy of Germany, says a message of the Turkmen Foreign Ministry. The eighth meeting of the joint working group for trade and economic cooperation was held in Berlin. The sides discussed expanding ties in such areas as energy, finance, health, agriculture,...

Kyrgyzstan: Bishkek – Tashkent bus route to be restored

The state enterprise Kyrgyz Avtobeketi plans to resume the international bus route Bishkek - Tashkent, spokesman for the Ministry of Transport and Roads of the Kyrgyz Republic Kylychbek Dosumbetov reported. According to him, the cost of an adult ticket is 1,000 soms, for children above five - 500 soms, younger children can travel free of charge. The cost of a single...

Azerbaijan: wine export to increase 5-fold by 2025

Azerbaijan plans to increase the wine exports 5-fold by 2025, according to the State Program for the Development of Winemaking in Azerbaijan in 2018-2025, approved by President Ilham Aliyev on May 3. The State Program reads that winemaking is one of the profitable and historical spheres of the agro-industry. According to the statistics, 210 wineries operated in Azerbaijan in the...

Ukraine: UAH 202 billion in revenues contributed to state budget so far

In January-April revenues from taxes and fees totaling UAH 202.billion were transferred to the general fund of the state budget, up by UAH 20 billion YoY, the press service of the State Fiscal Service (SFS) reported. In January-April UAH 121.5 billion in revenues from tax payments were transferred to the general fund of the state budget, up by 11% or...

Ukraine: energy sector to be demonopolized

The energy sector of Ukraine should be transparent, demonopolized and competitive. "We could have become a completely energy-independent country in previous ten years, but this did not happen. Now we have set a course for energy independence, energy saving and production of our own Ukrainian gas, which will be enough for us to meet the needs of the state," Ukrainian...

Belarus: corn sowing starts in the south

According to the latest visual observations, the top 10-cm layer of soil is moderately moist in most of Belarus. The average soil temperature at a 10-cm depth is +8-13 degrees C, while the soil warmed to +15 C in the south. Productive moisture content in the topsoil is close to optimum in the majority of fields. The agrometeorological situation...

Latvia: economic growth to continue

Latvia's economy will grow more slowly than it did in Q1. Growth will likely reach at least 4%, predicts Luminor Bank economist Peteris Strautins. SEB Bank's macroeconomic expert Dainis Gaspuitis is more reluctant in his outlook. He expects economic growth rate to be 3.7%, considering global cycles and negative trends in certain sectors. Swebank senior economist Agnese Buceniece predicts...

Baltic States: Toyota to stop selling diesel cars

Japanese car giant Toyota will no longer offer diesel cars to customers in Estonia, Latvia, and Lithuania, leaving only hybrid and petrol engine cars in the selection. The company explained the decision with the decreasing interest in diesel-powered cars in the Baltic States. The interest of the residents of Estonia, Latvia and Lithuania in diesel engine vehicles has decreased in...