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…
DetailsAfter a nearly seven-hour session, Riga City Council approved amendments to its budget plan that increased the city’s expenditures by EUR 42.38 million and the expected deficit to EUR 89.31 million. The opposition voted against changes. The largest increase of expenditures – EUR 36.28 million – came from the plan to realize last year’s unfinished…
DetailsThe 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…
DetailsThe 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…
DetailsThe European Central Bank (ECB) has withdrawn the authorization of Versobank AS to operate as a credit institution.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…
DetailsRetail trade turnover in food stores grew by 9% YoY in January. This includes a 5.8% increase in non-specialized stores and 62.2% in specialized stores, according to information from Maxima retail compass industry review. 2018 commenced with increased growth rate for retail trade sector (except for retail trade of fuel) when compared with the years…
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