In July, the total production of industrial enterprises increased by 10% YoY, data from Statistics Estonia showed. Production increased by 16% in energy production, by 6% in manufacturing and by 72% in mining. Helle Bunder, analyst at Statistics Estonia, said production increased in more than a half of manufacturing activities. “In July last year, the…
The Board of the National Bank of Kyrgyzstan decided to keep the discount rate (key rate) at the level of 7.5% on September 1. Recovery of economic activity in most countries – the main trading partners of Kyrgyzstan continues to be supported by stimulus measures. At the same time, there is an increase in inflationary…
The Ministry of Social Policy of Ukraine claims that the average pension in the country has increased by 25% since the beginning of 2020. “As a result of a comprehensive program to increase pensions, the average pension in Ukraine has grown by almost 25% or by UAH 784 since the beginning of 2020. Thus, as…
The energy ministers of Ukraine and the United States of America signed a statement on the start of a strategic dialogue in the field of energy and climate, President Volodymyr Zelensky wrote on his Twitter account. “A strategic dialogue in the field of energy and climate has been initiated between Ukraine and the United States.…
Tallinn City Government will continue to pay sick leave from the first day and to reduced rent in city-owned properties in the City Center until the end of 2021. However, rent exemption will no longer apply to properties outside the center. The measures are part of draft legislation to offer coronavirus relief to people and…
Georgian Prime Minister Irakli Garibashvili stated that the travel time from Tbilisi to Batumi would be just three hours until 2024 after the construction of 96 bridges and 53 tunnels on the Rikoti Pass. Currently the trip takes around five-six hours. Garibashvili noted that projects of such scale and complexity had not been implemented in…
As of September 1, the organization of road traffic on Marijas and A.Caka Street has been changed: only one bicycle lane remains, as reported by Riga City Council’s Transport Department. The lane is currently undergoing re-marking. A public transport and road transport lane is established in the direction from the city center. Organization of road…