Further signs of economic recovery are in evidence from data released by state agency Statistics Estonia, which said that retail turnover rose by 10% YoY at constant prices in July, the EUR 779 million. Jaanika Tiigiste, leading analyst at Statistics Estonia, said: “Turnover continues to grow both in comparison with last year and with the…
The grape harvest started early in the Georgian wine region of Kakheti after heavy hail and wind destroyed 4,600 ha of vineyards in about 30 villages last week. Farmers are picking hail-damaged grapes in the towns of Kvareli, Gurjaani, Lagodekhi and Telavi in Kakheti. So far about 1,200 tons of grape has already been processed.…
Latvian company Dizozols Investments has implemented one of the biggest investment attraction projects in the Baltic States. By using crowdfunding platform Crowdestor, the company has managed to attract investments worth EUR 2.77 million from more than 3,500 investors, as reported by the company. The finalized investment project is one of the biggest crowdfunding projects on…
President of Kyrgyzstan Sadyr Japarov made a working trip to Talas region. According to the presidential press service, he laid a capsule at the construction site of a new Bala-Saruu hydropower plant at the Kirov water reservoir. The head of state was informed that implementation of the project for the construction of Bala-Saruu hydropower plant…
More than $2.7 billion in non-refundable financial assistance received from the International Monetary Fund last week will help increase social benefits to citizens, Prime Minister of Ukraine Denys Shmyhal has written on Facebook when commenting on the economic results of the past week. “Ukraine received more than $2.7 billion in non-repayable aid from the International…
The lawmakers registered bill No. 5865 “On amendments to the Law of Ukraine “On State Regulation of Capital Markets and Organized Commodity Markets” and some other legislative acts of Ukraine on regulation and supervision of capital markets and organized commodity markets” in the Verkhovna Rada. “Together with colleagues, we have registered the bill No. 5865…
A self-driving bus starts work in Tartu on a trial basis this week, ferrying passengers between the city center and the Estonian National Museum (ERM) on the outskirts. The buses’ manufacturers ask local drivers to be patient, as the vehicle gets up and running. While the Estonia-made bus is driver-less, by law an operator must…