An education and science town complex will be built in Georgia’s Black Sea resort town of Batumi, announced Georgian Prime Minister Mamuka Bakhtadze. “We will build the most modern educational space in Batumi. We have very talented children in Adjara region and this project will be implemented for them”, said Bakhtadze, while presenting the project…
DetailsIn the first 15 years after construction of Latvia’s new National Acoustic Concert Hall it will earn Latvia’s national economy a total of EUR 107.6 million, fully compensating investments and creating additional profits of EUR 17.6 million, as concluded in Latvia’s Culture Ministry’s ordered social-economic analysis. According to estimates, the concert hall project’s economic viability…
DetailsThe government of Kyrgyzstan will not increase electricity tariffs until it completes the reform of the energy sector, the First Deputy Prime Minister Kubatbek Boronov said at a meeting of Respublika – Ata Jurt faction of the Parliament. He noted that revision of electricity tariffs was not expected in the near future. “We are currently…
DetailsUkraine International Airlines received a license for transportation of dangerous goods of categories 2, 3, 5, 6, 8 and 9 from the People’s Republic of China. Thus, UIA has become one of the first out of around 50 airlines-applicants to get such a DGR license. The license gives UIA the right to transport to/from China…
DetailsThe Deposit Guarantee Fund has completed payments to the depositors of PJSC Commercial Bank Standard, according to the Fund’s press service. “On May 15, the authorized person of the Deposit Guarantee Fund for the liquidation of PJSC Commercial Bank Standard submitted documents to the state registrar of legal entities, individual entrepreneurs and public organizations to…
DetailsAccording to the initial schedule for the planned Rail Baltica railway, which is expected to have been completed by 2026, high-speed trains will depart Tallinn for points south four times per day, reaching Central Riga in one hour and 42 minutes at a cost of EUR 38 per ticket. Once the railway has been completed,…
DetailsAzerbaijan’s GDP exceeded 23.8 billion manats in January-April that is 2.1% more than in January-April 2018, the State Statistical Committee reported. The volume of GDP per capita stood at 2,411.8 manats. Some 46.5% of Azerbaijan’s GDP accounted for industrial sphere, 5.9% – for construction, and 3.1% – for agriculture, forestry and fishery. Net taxes on…
DetailsFrom June Kazakhstan’s Air Astana will expand its Nur-Sultan-Istanbul service from current five to six flights a week. It will fly A320 aircraft, the Kazakh Civil Aviation Committee’s press service reports. Besides, from the beginning of July Turkish Airlines is set to raise its flights from Nur-Sultan to Istanbul from existing five to seven flights…
DetailsThe National Bank of Ukraine (NBU) is ready to nationalize PrivatBank a second time if a court rules to annul a respective decision of 2016, First Deputy NBU Governor Kateryna Rozhkova has said. Rozhkova said reversing the nationalization would reverse the mechanism by which the state handed the bank UAH 155 billion ($5.88 billion) to…
DetailsThe Finance Ministry of Ukraine attracted UAH 3.964 billion to the state budget as a result of the sale of government domestic loan bonds on May 14, according to the ministry’s website. “As a result of the scheduled placement of government domestic loan bonds, the state budget was replenished with UAH 3,963,805,692.70 (at the exchange…
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