Lithuanian banks will be making more thorough checks of international payments to Belarusian companies that might fall under the EU sectoral sanctions. The checks are needed to enforce the European Union’s targeted economic sanctions on Belarus, the Association of Lithuanian Banks (LBA) says. Bank clients are warned that financial institutions might ask to provide additional…Details
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Estonia’s state spending in the first five months of 2021 was not as excessive over revenue as planned in the state budget. On July 14, the Estonian public broadcaster reported that from January to May general government budget deficit reached 1.6% of the gross domestic product and was EUR 467 million. Set against the end…Details
During the summer tourist season, the Issyk-Kul International Airport accommodated its first flight from Moscow on July 15, press service of Manas International Airport reported. Aeroflot airline plans to operate Moscow – Tamchy – Moscow flight three times a week – on Mondays, Thursdays and Saturdays. The pricing policy is determined by airlines that sell…Details
Uzbekistan has earlier announced the opening of an orderbook for an $870-million dual-tranche eurobond denominated in dollars and local currency. Deputy Head of the department for operations with international financial markets of the Finance Ministry Aziz Sodikov has briefed about the government plans, towards which spheres the revenue received from eurobonds would be used. The…Details
The Estonian units of SEB ended the first half of 2021 with a profit of EUR 50.7 million, up by 23.3% YoY. Compared to the first half of 2020, the bank’s revenues increased by 0.4%, to EUR 85.6 million, while expenses declined by 5%, to EUR 28.9 million. SEB’s loan portfolio increased by 2.4% in…Details
From June 2020 to June 2021, only millet prices decreased among grocery products in Ukraine – by 15.6%, to UAH 17.69 per kg, the State Statistics Service reported. Since June 2020, buckwheat has risen in price by 13.7%, to UAH 42.01 per kg on average; rice by 15.5%, to UAH 27.23 per kg, semolina –…Details
From June 2020 to June 2021, beer, wine, vodka and cigarettes in Ukraine grew in price, according to the State Statistics Service. Over the reporting period, the average price of domestic beer grew by 5.7% (up to UAH 18.59 per 0.5 liter); table wine – by 3.2% (up UAH to 69.24 per 0.75 liter) and…Details