Four parties of the ruling coalition in Latvia together with Atis Zakatistovs’ Stability Group have reached a political agreement on the 2022 state budget, as confirmed by the Latvian Prime Minister Krisjanis Karins. He said in the next year’s budget it would be very important to promote both economic growth and residents’ welfare, as well…Details
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Green Connect, an architectural project by the British firm Zaha Hadid Architects, has been deemed the best proposal for a new railway station complex in Vilnius, the city’s authorities say. Vilnius top architect Mindaugas Pakalnis says that Zaha Hadid Architects knows the Lithuanian capital well and has a lot of experience in designing such areas.…Details
Uzbekistan’s total external debt in the first six months of 2021 amounted to $35.9 billion (57% against GDP), according to the data unveiled by the Central Bank on September 24. Since the beginning of the year, the indicator has expanded by 6% or by $2 billion. External debt includes public and private debt. The first…Details
Ukraine: Deposit Guarantee Fund: transfers UAH 91 million to accounts of insolvent banks in August 2021
In August, inflows of funds to banks being under liquidation amounted to UAH 191.4 million, of which UAH 174.9 million came from the sale of assets through electronic auctions, according to the press service of the Deposit Guarantee Fund of Ukraine. The largest revenues from the sale of assets came to the accounts of: JSC…Details
At a meeting on September 22, the Cabinet of Ministers approved the procedure for the mandatory sale of electricity by producers through electronic auctions. “From now on, electricity producers, regardless of ownership (except for those producers who have a green tariff and electricity producers who have acquired the right for support as a result of…Details
On September 23, Latvian Saeima rejected a proposal submitted by opposition members to reduce VAT for sectors of the economy impacted the most by the Covid-19 crisis from 21% to 5%. The parliament reviewed amendments to the Value Added Tax Law submitted by the political party Republika Saeima. In the end amendments were rejected. Saeima…Details
Uzbekistan exported $1 billion worth of cotton yarn during the first eight months of 2021, against $559.1 million in 2020. Cotton yarn accounted for 55.8% of the total textile export. The country exported $430.7 million worth ready-made knitwear and sewing products and $158.8 million worth of knitted fabric. The share of other items, including carpets,…Details