Uzbekistan’s apricot exports plummeted during January-June, going down by almost 50,000 tons YoY. The statistical committee said that the reason behind was frosting, which greatly affected the activities of gardeners in Uzbekistan. Two waves of frosts, which occurred at the end of February and then again in mid-March, affected the yield of stone fruit species…
Last week, the National Bank of Ukraine bought $76.3 million on the interbank foreign exchange market. Following NBU’s foreign exchange interventions at a single exchange rate, the National Bank bought $76.3 million on the interbank foreign exchange market from August 2 to August 6. The regulator did not sell foreign currency during the specified period.…
Despite the scheduled shutdown of the Yamal-Europe and Nord Stream 1 pipelines, as well as the record prices hikes in European gas markets in July, Russia’s Gazprom expressed no interest in Ukraine’s additional transit capacity and started shrinking reserves of its underground gas storage facilities in Europe, the press service of the Gas Transit System…
Export of vegetables from Georgia amounted to $17.37 million in the first half of 2021, the National Statistical Office of Georgia (Geostat) reported. The share of vegetables in the total export volume of Georgia in the period amounted to 0.9%. The main positions in the group were distributed as follows: potatoes – $8.85 million, tomatoes…
When compared to June, consumer prices in Latvia increased by 0.4-0.5% in July. This means inflation might have reached 2.9% in July when compared to the same month of 2020, according to bank analysts. Swedbank economist Laura Orleane predicts consumer prices will have increased by 0.4% and annual inflation will have reached 2.9% in July…
Moderately low or low risk level was observed for four out of fourteen banks in Latvia last year, according to the report published by the Latvian Finance and Capital Market Commission (FKTK). At the same time, seven banks in Latvia had a moderately high risk level in 2020. Three banks had a high risk level.…
Finance Minister Lasha Khutsishvili has presented his ministry’s 10-year development strategy, which aims to tackle poverty and unemployment and increase overall economic well-being in Georgia. “High economic growth should be the main focus of our economic vision for the next 10 years,” Khutsishvili stated. Prime Minister Irakli Garibashvili said before the presentation of the development…