Armenia is still among countries having a low burden of foreign debt, but in the current coronavirus-related conditions an increase of the debt is unavoidable, Finance Minister Atom Janjughazyan has said while commenting on the bill to amend the budget. “The proposed scenario implies a 324-billion dram deficit. To fund this deficit we are considering…Details
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Amid the shrinking of cultural exchange between countries due to the coronavirus outbreak, Georgian cuisine is still managing to reach new taste buds as far as Japan. While direct visits between the two countries are on hold, a variety of khachapuri cheese bread from Georgia can now be tasted at stores in select locations. In…Details
Approximately 90,000 people, double the current number, may be unemployed in Estonia by the end of summer, according to CEO of the Unemployment Insurance Fund Meelis Paavel. “The number could double compared with the one present,” Paavel said. “The forecasts have been made so that we would be able to take into consideration such a…Details
Exports of Ukraine-made agricultural machinery in 2019 shrank by almost 10% YoY, say experts with the National Scientific Center “Institute of Agrarian Economics”. “Ukraine’s export opportunities with regard to the main types of agricultural equipment are traditionally significantly lower than import ones. However, supplies from foreign countries in 2019 declined critically, that is, by 9.4%,…Details
Ukraine’s buckwheat imports reached UAH 115 million in January-March, up 6.5-fold YoY, according to the State Customs Service. “At the same time, buckwheat exports have significantly decreased, which means its stocks will be enough for everyone,” the State Customs Service wrote on its Facebook page. (Ukrinform/Business World Magazine)Details
When compared to 2019, total electricity consumption in March declined 5%. This shows the state of emergency in Latvia negatively affects electricity consumption, AS Sadales tikls board chairman Sandis Jansons has declared. He says during the state of emergency Sadales tikls’ duty before the state and society is ensuring uninterrupted supply of electricity without delays…Details
Kyrgyzstan continues export of potatoes to Uzbekistan, the Minister of Agriculture, Food Industry and Land Reclamation of the Kyrgyz Republic Erkinbek Choduev has announced. He denied information about bulk purchase of potatoes by importers from neighboring countries. “Our import and export of certain types of goods has not stopped. There are no bulk purchases in…Details