Ukraine: Boryspil airport provides discounts only to UIA in 2013-2016

The state-owned enterprise Boryspil International Airport in 2013-2016 provided discounts to the airport fees only to the private joint-stock company Ukraine International Airlines (UIA, Kyiv), according to recommendations of the Antimonopoly Committee of Ukraine dated June 14 and published recently. “The discounts were not provided to other airlines,” the committee said. The committee said that…


Ukraine: NBU joins BCG

The National Bank of Ukraine (NBU) has become a member of the Basel Consultative Group (BCG), the outreach arm of the Basel Committee for Banking Supervision (BCBS), the NBU has reported on its website. “The BCG aims at attracting supervision officials of the countries which are not committee members to the discussion of new proposals…


Belarus: enterprise to start assembling agricultural machines in Tajikistan

There are plans to start assembling Belarusian agricultural machines in Tajikistan in autumn, Ambassador Extraordinary and Plenipotentiary of Belarus to Tajikistan with concurrent accreditation to Afghanistan Oleg Ivanov reported. The ambassador took part in a seminar for heads of diplomatic missions and consular institutions of Belarus. Products of such Belarusian brands as Bobruiskagromash, MTZ, and…


Ukraine: Ryanair halts sale of tickets

Ryanair (Ireland), the largest European low-cost air carrier, has stopped the sale of tickets for flights to Kyiv and Lviv. This is evidenced by the ticket sales system on the airline’s website. There are no official statements of the company on the website, however it is impossible to purchase tickets for Ukrainian flights. As reported,…


Latvia: inflation up in June 2017

The average price rate in Latvia comparing June 2016 to June 2017 has increased by 3% as products got 2.6% more expensive, services – by 4%, calculated the Latvian Central Statistical Bureau. The statisticians found that compared to June 2016, last month the greatest pressure on the price changes was put by the rise in…


Belarus: GDP to increase in 2017

Eurasian Development Bank (EDB) expects that Belarus’ GDP will go up by 1.3% YoY in 2017, EDB’s July macroeconomic review says. “The economic recovery trend in Belarus continues. In January-May, the country’s GDP rose by 0.9% as against the same period of 2016. We expect that the positive tend will persist, and Belarus’ GDP will…


Ukraine: electricity exports up in H1 2017

Ukraine boosted electricity exports by 59.5% YoY in January-June, to $136.4 million, according to Ukraine’s State Fiscal Service. Hungary accounted for 57.4% of electricity sales abroad, the share of Moldova was about 20.6% and that of Poland about 17.4%. In June Ukraine’s electricity exports to Hungary were estimated at $4.3 million, those to Poland at…


Azerbaijan: Aliyev approves funding for construction of road in Sabirabad

Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Galagayin-Osmanli-Chol Beshdali-Zalgaraagach-Chol Agamammadli-Azadkend-Mugan Ganjali road in Sabirabad.

Under the presidential order, 14.4 million manats is allocated from the state budget for the construction of the road connecting 15 residential settlements with a total population of 41,000 people. (Trend/Business World Magazine)