One of the reasons Estonia is seeing such high electricity prices is that there are renewable energy projects, which haven’t been completed, head of Enefit Green Aavo Karmas has said. Enefit Green is a subsidiary of the state-owned Eesti Energia. “If today we had more wind, and also solar parks, then we wouldn’t see such…
Georgia’s external trade turnover amounted to $10 billion in January-September, up by 22.3% YoY, preliminary data from the National Statistics Office of Georgia (Geostat) showed. The value of exports increased by 24% and totaled $2.98 billion, while imports increased by 21.6%, amounting to $7.02 billion. The trade deficit of Georgia in January-September amounted to $4.04…
Acting Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov answered the questions of the members of the Parliament. Parliament is to approve the new composition of the Cabinet of Ministers. He promised that the government would try to fulfill its obligations. The official noted that his generation of politicians was responsible for everything…
Uzbekistan’s fruit exports to China decreased by 16% YoY in January-August. Compared to 2019 this number plummeted three-fold. According to EastFruit analysts, the decline in the export supply of cherries was especially noticeable. In 2021, Uzbekistan exported only 14 tons of cherries. This was the lowest figure since Uzbekistan gained access to the Chinese cherry…
The Ministry of Finance raised UAH 514 million to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On October 12, at actions for the placement of domestic government bonds, the Finance Ministry offered investors five issues of securities in the national currency. Overall, UAH…
The National Bank of Ukraine expects the country’s foreign reserves to exceed $30 billion until the end of the year, Deputy Chairman of the NBU, Serhiy Nikolaychuk has said. “If we talk about our expectations regarding reserves, there will be no tangible payments on foreign currency debts in the fourth quarter. Instead, the government will…
There were 44,305 registered unemployed people in Estonia in September, 6.3% of the total possible workforce. The rate dropped by 0.3% MoM. The highest rate – 10.7% – was in Ida-Viru County, followed by Valga County (9%), Polva County (7.7%) and Voru County (7%), data from the Unemployment Insurance Fund (Tootukassa) showed. The rates were…