Exports and imports both rose by around a half in May, state agency Statistics Estonia reported, driven by fuels, electrical and transport equipment in particular, as well as 2020’s low reference base – the result of the pandemic. Exports totaled EUR 1.5 billion, up by 47% YoY, while imports came to EUR 1.6 billion, up…
Lithuania borrowed 750 million euros in international capital markets on July 10, issuing a 30-year Eurobond, the Finance Ministry said. The annual coupon – the annual interest rate the bondholders will receive – was set at 0.75%. Previously, Lithuania issued Eurobonds of the same maturity in 2017, 2019 and 2020 with annual coupon rates of…
Having decreased by $1.37 billion over the month, the volume of gross gold and foreign exchange reserves of Uzbekistan as of July 1 amounted to $34.14 billion, according to the data unveiled by the Central Bank. The country’s gold and foreign exchange reserves declined after a record high in early June, which was $35.5 billion.…
In June, 623 electric vehicles were purchased in Ukraine, down by almost 25% YoY. The number of electric vehicles registered in June 2021, compared to June 2020, decreased by 27%, to 582 units, whereas commercial electric vehicles rose by 46%, to 41 units. In June, the share of used imported cars among electric cars was…
Prime Minister Denys Shmyhal expects that Ukraine will receive $10 billion of additional investments due to the launch of the agricultural land market. “The market has actually started its work and I am convinced that within the next year it will have very good prospects, very good development and will give an important impetus to…
Industry is demonstrating signs of recovery, state agency Statistics Estonia says. The total production of industrial enterprises in Estonia rose by 16% YoY in May, the agency reported, while manufacturing saw aneven higher growth. As the largest economic sector and an important driver of economic growth, these figures are significant, the agency says, with analyst…
On July 7, Minister of Transport and Communications of the Republic of Lithuania Marius Skuodis and Minister of Infrastructure of Ukraine Oleksandr Kubrakov met in Klaipeda and discussed cooperation between the countries in the transport sector and possible new projects. According to the ministry’s press release, the countries intend to strengthen cooperation in the areas…