Amid growing fears of Russian aggression, prices of U.S. dollar Eurobonds, GDP-linked bonds and other sovereign securities of Ukraine have dropped significantly. According to Bloomberg, the yield on short-term securities maturing in September 2021 rose to 24.4% against 21.3% at the end of last week. Income from securities maturing in 2023-2024 rose to 16.9-18% (15.2-15.8%).…
Ukraine imported $874 million worth of fish, crustaceans and mollusks in 2021, up by 28.6% YoY. “Most fish and seafood are usually imported to Ukraine from Europe and North America. Norway has held the leading position in terms of the cost of supplies of this type of product to our country for over 15 years,…
In January, freight volume handled in the Port of Liepaja rose by 13.4% YoY, to 554,800 tons, the Port Authority reported. Handling of grain and cereal products rose by 15.3%, to 249,400 tons, handling of anthracite totaled 15,400 tons (not handled in January 2021), handling of building materials rose by 9%, to 47,900 tons, handling…
On February 11-17, inspectors from the Territorial Directorates for Food Safety carried out 373 official inspections, of which 96 at trade establishments, 27 at public catering establishments, 65 at general education institutions and three at warehouses. As a result, several batches of products were withdrawn from the market. Following the official controls, 81 prescriptions were…
Georgia exported locally produced goods worth $331.3 million in January, up by 47.6% YoY, the preliminary data from the National Statistics Office of Georgia (Geostat) showed. Geostat said local exports in the country had accounted for 69.9% of total exports in the reporting period, amounting to $231.5 million, up by 39.1%. Georgia’s top trading partners…
South Korean electric vehicles firm Global Phillips has announced plans to start producing electric buses in Ida-Viru County. Sung Ho Bang, Global Phillips board chair, said: “I am reassured that the plant has the right conditions to start assembling electric buses,” on visiting the location at Ahtme, currently operated by Shorma OU, who are partnering…
Defense Minister Arvydas Anusauskas said he would propose to increase Lithuania’s defense budget this year amid worries of Russia’s aggression against Ukraine. “I suggest adjusting this year’s budget,” Anusauskas said after reports that Russia was not pulling back troops from Belarus after the conclusion of military drills. He said additional funding would be used to…