JSC Oschadbank will join the Deposit Guarantee Fund from January 1, 2021 after introducing appropriate changes to the Ukrainian legislation, according to the Finance Ministry. The plan on Oschadbank’s joining the Deposit Guarantee Fund was approved at a regular meeting of the Financial Stability Council on September 2. According to the ministry, due to a…Details
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Prime Minister Krisjanis Karins hopes the government will be able to approve next year’s budget framework as soon as next week, as the politician admitted in a conversation with journalists after meeting with coalition partners on September 7. The prime minister explained that the next year’s state budget would be the main topic of government…Details
The state-owned airline Nordica has said it does not want to resume direct flights to Stockholm at present. The government has permitted the reopening of direct flights to Sweden after the country’s coronavirus rate fell, but Nordica is waiting for state support. Nordica spokesman Toomas Uibo said the route had been allowed to reopened so…Details
The Kazakh Agriculture Ministry and the Customs Administration of China’s Xinjiang Uygur Autonomous Region discussed Kazakh agricultural exports facilitation issues at the annual session of the heads of the cross-border customs bodies of the two countries. The meeting discussed the inclusion of the Kazakh agricultural producers upon the guarantee of the Ministry into the registry…Details
Ukraine intends to resume and expand agricultural exports, attract Chinese investment in agricultural, industrial and technology parks in Ukraine, infrastructure and energy projects, Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna has said during a meeting with with Ambassador Extraordinary and Plenipotentiary of China to Ukraine Fan Xianrong. “90% of corn imported by…Details
On September 5, “Radekhivskyi Sugar” LLC was the first in Ukraine to begin the 2020 sugar beet processing season at Radekhiv subdivision. All preparatory and repair processes have been completed. The first sugar beet was delivered to the territory of the beet receiving station. (Ukrsugar/Business World Magazine)Details
Tax collection in Latvia continued to improve in August, securing 8% more to the state budget when compared to the same month of 2019, according to the report from Fiscal Discipline Council (FDP). The council stresses that collection of compulsory state social insurance contributions has improved. “This means the previous outlook, about the lowest point…Details