The overall turnover of commodities and services in foreign trade shrank by 10.5% YoY in January-October to $48.73 billion. Exports of commodities and services reduced by 11.4% YoY to $24.48 billion, and imports decreased by 9.5% to $24.24 billion. According to the NBB, the deficit of foreign trade in goods totaled $1.756 billion compared to…Details
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The construction work as part of the Trans Anatolian Natural Gas Pipeline Project (TANAP) is 55% complete, Saltuk Duzyol, head of TANAP consortium, reported. He pointed out that to date, 19 underground passages have been built as part of the project. Furthermore, the consortium head noted that the cost of TANAP project had decreased. “When…Details
Russia and Ukraine do not disagree on the price for Russian gas for the fourth quarter of 2016, Russian Energy Minister Alexander Novak reported. “This time we don’t have any disagreements on the price, because both the Ukrainian side and the Russian side confirm that the price for gas, which is set this quarter, including…Details
11th Wine Vernissage will take place at the National Palace of Moldova on December 15. The event, called “The Magic Vernissage”, will bring together 36 wineries, which are going to present more than 200 wines, including 50 premier ones. “A vine vernissage traditionally offers winemakers an opportunity to display new products on the threshold of…Details
The parliament has approved of the state social insurance budget in the first reading with the revenue and expenditures amounting to MDL 16,410,670,200. The revenue of the state social insurance budget will increase by MDL 1,464,985,900 or by 9.8% against the revenue approved for 2016; the expenditures will grow by MDL 1,434,575,400 or by 9.6%…Details
The National Bank of Ukraine (NBU) has started publishing daily analysis of liquidity of the banking system containing data about the state of the correspondent accounts of banks as of early working day and information about factors influencing their change, the regulator has said on its website. The data will be updated before 11:00 of…Details
Pubic joint-stock company Ukrtransgaz would announce a new tender to reconstruct compressor stations after revising the top priority directions for modernization of the Ukrainian gas transport system, Ukrainian Prime Minister Volodymyr Groysman said. “All procedures (the tender to reconstruct Ananiev, Zadniprovska and Pivdennobuhska compressor stations) were held, but Naftogaz made another decision in the issue…Details