Latvia: 120,000 people use payment cards for purchases

For everyday transactions, residents use contactless payment cards. 120,000 people in Latvia use them, Swedbank representatives declared. Swedbank data shows – 80% of all payment cards renewed by clients are contactless cards. In total, there are more than 4,800 trade locations that offer transaction options for owners of contactless payment cards, and their number increases…

Ukraine: government approves attraction of external advisor to upgrade state-owned banks reform strategy

Ukraine’s Cabinet of Ministers, under a proposal of the Finance Ministry, has approved the attraction of an external advisor who will advise the ministry in upgrade of the strategy for reforming state-owned banks. The decision was made by the government on April 12. “Implementing clause 13 of the memorandum (signed by Ukraine and the International…

Tajikistan and Uzbekistan resume flights after 25 years

Tajikistan and Uzbekistan have reestablished regular connecting flights after a 25-year break, paving the way for improved relations, a spokeswoman at Tajikistan’s international airport said. “An Uzbekistan airways flight (from Tashkent) landed at Dushanbe international airport at 8:03 am (0303 GMT),” she said. According to her, “the plane and the passengers were very well met.”…

Ukraine: corn planting for grain started

Ukrainian agrarians started planting corn for grain. As of April 10, Ukraine planted the grain throughout the areas of 60 thousand ha, or 1% of the plan, the Ministry of Agrarian Policy and Food of Ukraine declared. The general planted areas under early grains and pulses in the country reached 2.094 million ha, or 87%…

Belarus: inflation at 0.3% in March 2017

In March the index of consumer prices for goods and services totaled 100.3% as against February 2017 and 101.7% as against December 2016, the National Statistics Committee of Belarus reported. In March the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached…

Latvia: closer cooperation with American ports to be formed

U.S. congressmen have voiced support for Latvia’s security and an interest for developing closer cooperation with the country’s ports, as reported by Latvian Foreign Affairs Ministry. On April 9, Latvian Foreign Affairs Minister Edgars Rinkevics met with a delegation of U.S. congressmen led by congressman Bull Shuster to discuss Trans-Atlantic relations, strategic cooperation between Latvia…