Fitch Ratings has affirmed Ukraine’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘B-‘ with a Stable Outlook. This is stated in the agency’s press release. “We forecast Ukraine’s GDP growth to decelerate to 2% in 2017 before picking up to 3% in 2018 on the back of improving consumer demand and investment,” the…
Alfa-Bank (Kyiv) in January-March received UAH 6.876 million of net profit against UAH 536.849 million of net loss for the same period in 2016. According to a bank financial report released on its website, its net interest income in the reporting period increased 2.63-fold, to UAH 653.827 million. Excluding expenses for the formation of reserves,…
Compared to March 2016, total retail trade turnover in Latvia rose by 1.5% in March 2017. Turnover of retail trade in food products declined by 0.8%, whereas turnover of retail trade in non-food products grew by 3.3%. The most significant turnover growth in the non-food product group was recorded in retail sale of information and…
Belarus has reduced beer imports 5-fold in the past two years, Chairman of Belgospishcheprom Concern Alexander Zabello said. “I cannot say that the domestic brewing industry makes no headway. Yes, the sales are shrinking a bit, but we do not have a 10-15% slump as the neighboring countries are registering. Beer exports have reduced 5-fold…
On April 28, president Emomali Rahmon and Dushanbe Mayor Rustam Emomali attended a ceremony of opening of the National Reference Laboratory, according to the Tajik president’s official website. The total cost of the laboratory is 23.8 million somoni, including 7.857 million somoni spent for construction of the building and 16 million somoni spent to provide…
Negotiations over the suspicion of flights by two Russian airlines to Tajikistan and by Tajik private air carrier to Moscow that resumed in Moscow on April 25 are still going on. “The negotiations were supposed to be concluded on April 26, but the sides have not yet come to an agreement on flights by Russian…
An OSCE-organized training course on security procedures at aviation checkpoints and analyzing X-ray images for aviation security and law-enforcement personnel has been held in Ashgabat, the OSCE said in a message. The practical training course brought together 19 officials from the Aviation Security Service of Turkmenistan Airlines, the Transport Police of the Interior Ministry, the…