Estonian accommodation establishments serviced over 227,000 tourists in October, up by 44% YoY, data from Statistics Estonia showed. Statistics Estonia analyst Helga Laurmaa said foreign tourists found their way to Estonia once again in October. “Compared to October 2020, there were three times more foreign tourists, although their number was still almost two times smaller…
The National Bank of Kyrgyzstan entered the foreign exchange market for the first time in December with intervention. It sold $10.5 million with settlements on the date of the transaction and $60.8 million – with settlements different from the transaction rate. This is the largest sale of US dollars since the beginning of 2021. Since…
Georgia imported 1,773 tons of textiles, including dress patterns, from Turkey in January-October, worth $37.1 million, the National Statistics Office (Geostat) reported. The figure increased by 48.9%, compared to $24.9 million worth of textile (1,186 tons) imported from January through October 2020. Meanwhile, Georgian exports of knitted goods to Turkey increased by 69.9%, to $53.2…
In the third quarter of 2021, state-owned banks sealed a profit of UAH 11.6 billion (nearly $424.4 million), up by 7.6% QoQ. Of the total profit, 82.9% (UAH 9.6 billion, or $351.2 million) is that of PrivatBank. In the third quarter, banks continued to expand lending services. Compared to July 1, the loan portfolio of…
The Ministry of Energy of Ukraine states that the second phase of cooperation with the Eastern Europe Energy Efficiency and Environment Partnership (E5P) will help Ukraine attract EUR 137.5 million for energy efficiency projects. “The E5P size for Ukraine is EUR 137.5 million, which can be used along with loans from international financial institutions to…
The Lithuanian parliament has passed new legislation to make more people eligible for heating subsidies in an effort to cushion low-income households against an expected surge in heating bills. The parliament, Seimas, adopted the amendments to the Law on Cash Social Assistance for Low-Income Families on December 7 with 117 votes in favour, none against…
Members of the Committee on Economic and Fiscal Policy of Kyrgyzstan approved the new Tax Code in the third reading. The head of the committee Salaydin Aidarov noted that the document was adopted taking into account editing corrections. Proposals of the members received after the deadline were not taken into account. Parliamentary members also supported…