Azerbaijan: Aliyev allocates funds for construction of 12 modular schools

Azerbaijan’s President Ilham Aliyev has signed an order regarding measures to improve education infrastructure in Bilasuvar, Beylagan, Imishli, Neftchala and Saatli districts. Under the presidential order, 4,172,000 manats have been allocated to the Ministry of Education for the construction of 12 modular schools for 824 pupils in five districts. The advantages of modular schools include…

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Ukraine: beer market stabilizes

The Ukrainian beer market has stopped falling and stabilized for the first time in nine years, Carlsberg Ukraine Director General Yevhen Shevchenko has said. “According to our internal assessment, the Ukrainian beer market for the first time in nine years has stopped its decline and stabilized. The facilities of Carlsberg Ukraine are not loaded in…

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Ukraine: Infrastructure Ministry and Ryanair holding talks on launch of flights to Kherson

The Ukrainian Infrastructure Ministry and the Irish low-cost airline Ryanair are holding talks on the possible launch of flights from the city of Kherson to the EU countries, Infrastructure Minister Volodymyr Omelyan announced. “Together with the Kherson regional administration, we are holding talks with Ryanair so that flights of this airline can be lunched from…

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Estonia: European Central Bank withdraws Versobank’s license

The European Central Bank (ECB) has withdrawn the authorization of Versobank AS to operate as a credit institution. The ECB followed a recommendation of the Estonian Financial Supervision Authority according to which Versobank had committed serious breaches of legal requirements, in particular concerning the prevention of money laundering and combating the financing of terrorism. Following…

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