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…
The European Business Association (EBA) says 68% of companies in Ukraine have already fully or partially resumed work in their offices. “Some 68% of surveyed business representatives have already fully or partially returned to the office,” the EBA said on its website. Regarding the staff policy, 60% of the surveyed entrepreneurs plan to keep the…
Armenia’s economic activity index in January-May declined by 3.9% YoY, according to the data released by the National Statistical Committee. Industrial production volume grew by 2.4%. The volume of construction in January-May declined by 23.4%. The decline in trade turnover comprised 10.8% and that in the services field – 4.2%. In January-May, consumer price index…
Following adoption of restrictions during COVID-19 pandemic, passenger transports by train have declined by 40-50% when compared to the same period of 2019, Pasazieru vilciens board chairman Rodzers Janis Grigulis has declared. Trains were half-empty in April, the situation was better in May and the number of passengers carried in June improved considerably. Grigulis says…
Active and target-oriented work is currently underway to develop “green energy” in Karaganda region, a representative of the regional akimat (administrative center) has said. The official said that the overall renewable energy generation volume in the region amounted to 54 million kWh in Q1 compared to 22 million kWh in Q1 2019. The official also…
The bus operator FlixBus (Germany) resumed operations in Ukraine on separate international routes from June 25. According to the company’s press service, tickets are already on sale for trips from Kyiv via Zhytomyr, Rivne, Lviv, Uzhgorod to Krakow, Budapest, Vienna and more than a dozen German cities, and from July 3 green branded buses will…
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…