The National Bank of Ukraine (NBU) has retained refinancing rate at 14%. The bank has announced its decision to conduct the more moderate monetary policy to curb inflation consequences of the increase of the minimum wage to 3,200 UAH a month. The central bank said that the decision on the size of the discount rate…Details
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Government is to examine an opportunity of revising the contract on concession of the Chisinau airport and lifting the airport modernization charge of EUR 9 per passenger. These are the recommendations included in the resolution Parliament has adopted following the hearing of the report by the investigatory commission on the concessionaire’s compliance with the contract…Details
Cooler-than-usual weather with precipitation was observed from November 28 through December 4. The average weekly air temperature in Moldova was -1.3 to +0.1 degrees C, or 1-2.5 C below normal. Air temperatures bottomed out at –9 C. Minimum soil temperature at the tillering node (3-cm depth) in winter crops was –1 to +1 C, or…Details
Ukrainian producers exported 335,250 tons of sugar worth $166.8 million for the 11 months of 2016. “In January-November Ukrainian producers exported 335,250 tons of sugar worth $166.8 million, having tripled the last year results. This significant growth is primarily reasoned by the favorable situation on the world market, as the devaluation of the national currency…Details
Several Lithuanian universities and colleges offer identical or similar study programs, but the graduates end up being on different rungs of the ladder after the graduation, career opportunities-wise and in terms of the wage. Having analyzed more than 70 study programs and specialties, Lithuanian magazine Reitingai (Ratings) has compiled the country’s Almae Matres, gauging the…Details
The Islamic Corporation for the Development of the Private Sector (ICD) supports the economic reforms realized in Azerbaijan, Khaled Al-Aboodi, CEO and director general of the ICD, said. “We are ready to improve the quality of the goods produced in the country and to provide entrepreneurs with access to new technologies and markets. We are…Details
Kazakhstan took the third position in Asia by the areas of organic farming, which exceeded 300 thousand ha, the Deputy Director of strategic planning and analysis department at the Ministry of Agriculture of the Republic of Kazakhstan Timur Nurashev declared. According to him, the general exports of organic products from Kazakhstan totaled nearly $10 million.…Details