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Ukraine: foreign support needed to pay off debts

UkraineBy admin2018-11-20Leave a comment

Prime Minister Volodymyr Groysman says that Ukraine’s economy has been growing for 11 quarters in a row, but the government still needs external support so that to pay off its foreign debt, the government portal reports. “The economy has been growing for 11 quarters in a row, which means the recovery has begun. In general,…

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Ukraine: gas stocks down in mid-November 2018

UkraineBy admin2018-11-19Leave a comment

As of November 14 there were 17 billion cubic meters of gas in Ukrainian underground storage facilities. Thus, Ukraine has consumed 200 million cubic meters of gas since the start of gas extraction, the press service of NJSC Naftogaz of Ukraine reported. The company noted that current gas stocks were 300 million cubic meters or…

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Tajikistan: ADB to allocate $35 million for energy system

TajikistanBy admin2018-11-19Leave a comment

The Asian Development Bank (ADB) approved a grant of $35 million to re-connect the electricity system of Tajikistan with the Central Asian Energy System (CAEC). This will help expand regional energy trade and improve energy efficiency between the CAEC countries, according to the ADB press release. The interconnected energy system in Central Asia will benefit…

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Estonia: Nordica to shut down 8 routes from Tallinn next summer

EstoniaBy admin2018-11-19Leave a comment

Following an announcement that it was shutting down three regular routes from Tallinn, Estonian national airline Nordic Aviation Group AS, operating under the Nordica brand, announced that it would be cutting eight routes from the Estonian capital next summer. While Nordica flew to 21 destinations this summer, beginning next summer, the flag-carrier airline will operate…

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Armenia: road connecting Yerevan to Iranian border under repair

ArmeniaBy admin2018-11-19Leave a comment

The Armenian government will provide more than AMD 191 million (some $400,000) to the Ministry of Transport, Communication and Information Technologies for the renovation of the road connecting Yerevan to the Iranian border. In particular, 448 km section will be repaired. Besides, the government will also give more than AMD 60 million ($124,000) for the…

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Ukraine: UAH 1 billion to be allocated for Mykolaiv-Kropyvnytskyi highway construction

UkraineBy admin2018-11-19Leave a comment

The draft state budget for 2019 provides for UAH 1 billion for the construction of the Mykolaiv-Kropyvnytskyi highway, according to Infrastructure Minister Volodymyr Omelyan. “In addition, the Road Fund will allocate almost UAH 1 billion for the roads of both regional and state importance in Mykolaiv region,” the minister said during his working visit to…

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Ukraine: test train from Budapest arrives in Mukachevo

UkraineBy admin2018-11-16Leave a comment

On November 14 the first train arrived in Mukachevo from Budapest. The train is one of those expected to shortly start running along the new route on a regular basis. So far, this is only a dry run along the newly built standard gauge line, the Center for Transport Strategies reported. The train was operated…

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Latvia: employment level reaches 65.3% in Q3 2018

LatviaBy admin2018-11-16Leave a comment

920.1 thousand people or 65.3% of Latvia population aged 15-74 were employed in Q3. Over the year, employment rate grew by 1.7% and number of employed persons by 17.2 thousand. Compared to the previous quarter, employment rate grew by 0.9% and number of employed persons by 10.5 thousand. Nevertheless, since Q4 2012 Latvian employment rate…

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Kazakhstan: four new air routes to go to Russia

KazakhstanBy admin2018-11-16Leave a comment

Russia’s Ural Airlines plans to add four more new air routes to its network from Kazakhstan to Russia during the fall and winter 2018-2019, the Kazakh Civil Aviation Committee’s press service said. The flights will be operated by A319, A320 and A321 aircrafts. Ural Airlines will fly between Zhukovsky and Almaty five times a week…

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