The Board of the National Bank of Kyrgyzstan kept the discount rate (key rate) at 5%, website of the National Bank of the Kyrgyz Republic reported. The economy of Kyrgyzstan remains exposed to changes in the global and regional economies as the COVID-19 pandemic continues. Despite some signs of economic recovery in individual countries after…
Most of Ukrainians say they do not support Ukraine’s borrowing money from the International Monetary Fund (IMF), according to findings of a June poll conducted by Kyiv International Institute of Sociology (KIIS). Pollees were asked to share their opinion whether it was expedient for Ukraine to cooperate with the IMF, KIIS said. Thus, 61% of…
In January-May, Kazakhstan increased the river transportation of cargoes by almost 8% YoY, informed the Ministry of Industry and Infrastructure Development of the Republic of Kazakhstan on June 29. “The volume of goods transported by rivers reached nearly 153 thousand tons, by up 7.8% compared to the same period of the last year”, the message…
Compared to April, the level of construction costs in Latvia increased by 0.1% in May. Labor remuneration of workers rose by 1.4%, maintenance and operational costs of machinery and equipment – by 0.1%, but prices of building materials – reduced by 0.5%. In May, the average level of construction costs was mostly affected by an…
A total of 175 brand new buses will appear in six Georgian cities in autumn and winter, as Georgia has signed a deal with a Turkish company. Turkey’s leading bus manufacturer Otokar aims to take public transportation in Georgia “to a new level” with its 117 AGILO C 8.5-meter buses and 58 KENT C 10-meter…
Thanks to Europe reopening partially after the restrictions on travel brought about by the coronavirus crisis, Finland and Estonia are now closer than ever: a record number of vessels is shuttling between the two countries, and people can now travel to such destinations, as Tallinn, Muuga and everyone’s favorite Saaremaa, as new departures Turku and…
To alleviate the first needs in the areas of southwest of Ukraine struck by the largest flooding in the last 50 years, with several casualties and damage to hundreds of homes, the Ukrainian authorities activated the EU Civil Protection Mechanism. The European Commission is providing mapping services of the affected areas through the EU Copernicus…