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Lithuania: Port of Klaipeda throughput up in January-May 2019

Freight volume handled at the Port of Klaipeda in January-May grew by 8.5% YoY, to 19.77 million tons, the Port Authority statistics said. In the reporting period, transshipment of general cargo grew by 13.3%, to 6.9 million tons, while liquid bulk cargo dropped by 6.9%, to 4.13 million tons, and dry bulk cargo - by 13.5%, to 8.73 million tons....

Estonia: central bank chairman asks for replacement of Supervisory Board members

Chairman of the Supervisory Board of the Bank of Estonia, Mart Laar, has submitted a request to the Riigikogu to replace board members Kalev Kallo (Centre) and Liina Tonisson (SDE). While Laar didn't explain his reasons for the replacement of Tonisson, Kallo was involved in an ongoing corruption case. Laar is suggesting to replace Tonisson with former minister and MP,...

Armenia: economic cooperation opportunities discussed with Mexico

Minister of economy Tigran Khachatryan has met with Ambassador of Mexico to Armenia Norma Bertha Pensado Moreno. The minister welcomed the Ambassador and stated that this meeting was a good opportunity to discuss the future cooperation framework. "We are interested in deepening cooperation with Armenia in the economic sector because there is a great potential, which can be used, therefore I...

Ukraine: decentralization entering second stage

The decentralization reform launched in 2014 that envisages transfer of financial resources and administrative powers to the regions is entering the second stage. That's why it is impossible to halt the reform by hasty decisions, Prime Minister of Ukraine Volodymyr Groysman stated during a meeting with the leadership of the united territorial communities of Rivne region. "Decentralization yielded good results....

Ukraine: PM boasts about roads built in two years

Ukrainian Prime Minister Volodymyr Groysman said Ukraine in 2017-2018 built more roads than in the previous decade thanks to the implementation of the government's five-year strategy. "We built 6,800 km of roads in 2017-2018. It can be said that much less was done in the previous ten years," he said at a government meeting. At the same time, the prime minister...

Estonia: additional ferry and chartered flights to Saaremaa announced for summer 2019

Starting from June 20, operator TS Laevad is adding another ferry to their Virtsu-Kuivastu route. A total of 513 additional trips are planned, the company said. At the same time, the Road Administration announced that they were chartering additional flights from Tallinn to Kuressaare on Fridays and Sundays. TS Laevad's Pille Sauber said on June 12 that the shipper was...

Georgia: external trade up in January-May 2019

Georgia's external trade amounted to $4.95 billion in January-May, up by 1% YoY, says the National Statistics Office of Georgia (Geostat). In the reporting period the value of Georgian exports increased by 14.2%, to $1.46 billion, while the value of imports decreased by 3.6%, to $3.49 billion. Georgia's trade deficit came out to $2.02 billion, which was a 40.8% share of...

Azerbaijan: bank deposits keep increasing in regions

As of late April, bank deposits of the population of Azerbaijani regions made up 718.1 million manats, up by 16.14% YoY, the Central Bank of Azerbaijan (CBA) reported. The share of Azerbaijani regions in the total volume of all bank deposits in the country was 8.24%. In the reporting period, around 80.2% (575.63 million manats) of all deposits in the...

Ukraine: SkyUp working in usual mode after court suspends license

Ukraine's SkyUp Airlines, whose license has been suspended by Kyiv region's Baryshevsky District Court, says it works in usual mode. As it said on Facebook, flights are performed on schedule. To confirm this, the airline attached photos from passengers' registration for June 12 flight PQ 0101 to Odesa. "In connection with reports on the suspension of SkyUp Airlines' license under...

Ukraine: passenger traffic by rail to EU up tenfold

Ukrzaliznytsia railway operator says there is now more than a tenfold increase, to 1.6 million, in the number of passengers traveling to and from the EU by rail. Since year-start, 374,000 passengers have already traveled to EU countries and back on trains, the company press service quotes CEO Yevhen Kravtsov as saying. "The direct passenger traffic in the Ukraine-EU direction...