Lithuania lagging behind Estonia in OECD global education rating

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…


Ukraine: banks stabilizing at weak levels

The Ukrainian banking sector continues to face challenges in credit growth due to the burden of unresolved problem loans and solvency issues, Fitch Ratings has said in a press release referring to its report “Ukrainian Banks Dashboard 3Q16.” “We expect sector performance to remain under pressure from high provisioning needs, while solvency recovery is likely…


Ukraine: prices for sunflower oil growing

Last week Ukrainian market of crude sunflower oil faced the bullish trend, due to a similar price trend on the export market of the product.

As of December 8, the bid prices for sunflower oil in Ukraine mainly varied within the range of 21`500-21`800 UAH/ton EXW, up by nearly 200 UAH/ton WoW. (APK-Inform/Business World Magazine)

Azerbaijan: 14.5 million euro for SME development received

The European Union (EU) has allocated 14.5 million euros for Azerbaijan as part of the program on the country’s regional development, the Azerbaijani Economy Ministry said. The agreement, signed during the meeting between Azerbaijan’s Economy Minister Shahin Mustafayev and EU Ambassador to Azerbaijan Malena Mard, envisages twinning and technical assistance, creation of an information system…


Ukraine: exports of malting barley up in October-November 2016

According to the official customs statistics, in October-November Ukraine exported 36.7 thousand tons of malting barley (12.4 thousand tons and 24.3 thousand tons respectively), which significantly exceeded the general figures for six previous seasons (29 thousand tons). At the same time, Poland purchased nearly half of the exported volumes, while Romania and Belarus imported nearly…


Bulgaria: wheat exports considerably up

Milling wheat continued rising in price on the domestic market on active purchases. Export prices for 11.5%-protein wheat in Bulgaria stay at $176-179 FOB for December-January delivery. Growing demand for Bulgarian wheat is observed from beyond the European Union. Overall, traders substantially increased export shipments of wheat this season. In the first five months of…


Azerbaijan: exports of agricultural products up in January-October 2016

In January-October Azerbaijan exported agricultural products valued at $311.673 million, up by 22.3% YoY, the Ministry of Agriculture declared. According to the announcement, fruit and vegetables formed most of the exports of agricultural products ($270.842 million). In January-October Azerbaijan exported 11.19 thousand tons of raw hides at $12.248 million, and 16.57 thousand tons of oats…


Ukraine: electricity export-import in January-November 2016

Ukraine in January-November exported electricity worth $137.785 million, in particular in November for $14.497 million. According to the State Fiscal Service, electricity delivered to Hungary amounted to $105.039 million for the 11 months, to Poland to $32.392 million, Moldova to $347,000, other countries to $7,000. In addition, in January-November Ukraine imported power worth $3.288 million…