In 2021, Ukraine’s economy will resume growth, while inflation will remain moderate. These conclusions were reached during a meeting of representatives of the NBU, the Government and leading Ukrainian economists, the NBU press service reported on Facebook. The panelists agreed that in 2021 the economy would enter a growth trajectory, while inflation would remain moderate.…
Ratings agency Standard and Poor’s (S&P) has affirmed its long-term rating on Estonia at the current high level of AA-, while revising the outlook to stable from positive on COVID-19 related risks, the Ministry of Finance has said. The short-term rating was affirmed at A-1+. “Like all European economies, Estonia is severely affected by the…
North Kazakhstan formed a pool of 50 investment projects worth of KZT 287 billion. “Since the beginning of the year, KZT 119 billion has been attracted into the economy of the region, up by 18.8% YoY. The bulk of investments, more than 75%, falls on private investments. The volume of foreign investments made KZT 8.5…
To contribute to implementation of investment projects in Riga’s transport infrastructure, the municipality’s interim administration decided to borrow EUR 8.9 million from the State Treasury, as confirmed by Riga City Council. This money is planned to be used on reconstruction of Ieleja Street and Asnu Street, outline red lines for parking areas along streets, cycling…
President of Ukraine Volodymyr Zelensky got acquainted with the completion of the overhaul of the state road H-14 Oleksandrivka – Kropyvnytskyi – Mykolaiv, restored within the framework of the Great Construction national program. “I am very pleased that we see infrastructure changes in Mykolaiv region and that about 200 kilometers of roads will be constructed…
Scandinavian Airlines has resumed regular flights to Boryspil International Airport (Kyiv region). The airport’s website said that the airline planned to operate flights from Boryspil International Airport to Oslo International Airport once a week on Tuesdays. Scandinavian Airlines is a multinational airline company, the leading carrier of the Scandinavian countries, based in Stockholm (Sweden), owned…
In the first half-year of 2020, a total of 23.346 million liters of alcoholic beverages (aside from beer) was produced in Latvia, down by 8.9% YoY, according to information from the State Revenue Service (VID). Additionally, small alcoholic beverage producers with valid licenses issued under beneficial conditions produced 35,000 liters of alcoholic beverages in the…