The Ukrainian banking sector has successfully weathered the first wave of the coronavirus crisis, but banks must be prepared for the negative medium-term consequences, according to the National Bank of Ukraine (NBU). “The Ukrainian banking sector faced the coronavirus pandemic crisis in good shape and with sufficient safety margin. The new crisis has not caused…
Public transport services of Almaty city will be replenished with 167 new buses until the end of the year. According to the city administration, in 2019, the city’s public transport services’ rolling stock purchased 450 buses – 260 by the public fleets and 190 by private fleets – including 260 gas-powered buses, 180 diesel buses…
The National Bank of Georgia (NBG) has cut the refinancing rate by 0.25%, to 8.25% in order to ensure price stability after monitoring developments in the economy and financial markets of Georgia. The NBG said that in May annual inflation stood at 6.5% and according to the NBG forecast, inflation would continue to gradually decline…
In May, actual unemployment rate in Latvia constituted 9.6%, up by 0.4% MoM. Unemployment rate registered by the State Employment Agency (SEA) accounted for 8.4%, up by 0.4%. Unemployment rate has also increased when compared to May 2019 – actual unemployment rate by 3.3% and registered by 2.3%, according to data from the Central Statistical…
Belarusian specialists have helped overhaul part of the M05 Kiev-Odessa motorway, representatives of the Belarusian embassy in Ukraine have reported. A major overhaul of a 25 km-long section of the M05 Kiev-Odessa motorway has been completed within the framework of a Ukrainian government program. Part of this section (15 km) was repaired by the Belarusian-Ukrainian…
The Cabinet of Ministers of Ukraine has approved a resolution according to which, starting from September 1 it will increase wages for health sector workers. “The wage of doctors is one of the lowest in Ukraine, which is unacceptable, especially in the conditions of a worsening epidemic. The draft act proposes, starting from July 1,…
During this year’s Ligo celebration – June 23-24 – public transport services in Latvia will not be free of charge. At the same time, however, certain discounts and benefits will be in place, as reported by Riga municipality. As previously reported, to prevent crowds from forming and ensure compliance with COVID-19 restrictions, Riga City Council’s…