In February, Latvian residents performed 27% of their weekly transactions in cash form (36% last year), according to data of the Transaction Radar of the Bank of Latvia. At the same time, the average number of transactions performed by residents in cash form every week has also reduced. While in February 2020 residents performed an…
Kyrgyzstan and Uzbekistan have agreed on mutual supplies of electricity, press service of the Ministry of Energy and Industry of Kyrgyzstan reports. The agreement was reached on mutual supplies of electrical energy in the amount of up to 750 million kilowatt-hours at a conditional price. The supply of electricity from Uzbekistan will take place from…
According to preliminary data from Statistics Estonia, the country’s gross debt level in 2020 was 18% of the gross domestic product (GDP). The general government deficit was 4.8%. The general government sector comprises three sub-sectors: central government, local governments and social security funds. According to Evelin Ahermaa, an analyst at Statistics Estonia, last year, expenditures…
Ukraine and Poland government officials have discussed current cooperation in agriculture and agreed to strengthen joint work in organic production, veterinary and phytosanitary operations, seed production and rural development. That’s according to the press service of the Ministry for Development of Economy, Trade and Agriculture following a meeting between Deputy Minister, Trade Representative of Ukraine…
The Czech Republic’s flag carrier CSA-Czech Airlines will start operating flights from Prague to Odesa from next week. The flight schedule is available on the CSA website. From April 2, flights will be operated twice a week – on Tuesdays and Fridays. A one-way ticket costs CZK 2,663 (UAH 3,323). The airline still performs daily…
Latvia’s state budget program for emergencies will be increased by another EUR 500 million this year, to EUR 1.32 billion. Initially it was planned to allocate EUR 26.73 million towards this budget program in 2021. In January, Finance Ministry submitted an order to the government and Crisis Management Council to increase this amount by EUR…
In January, state debt of Kyrgyzstan reached $750.6 per capita. The debt burden increased by $3.8 over the month. According to the Ministry of Finance, as of January 31, the state debt (external plus internal) of Kyrgyzstan amounted to $4,954.11 billion (420,108.67 billion soms), including $4,221.61 billion (357,992.44 billion soms) of external and $732.5 million…