A special Lithuanian governmental commission gave the same verdict that Revolut’s activities did not run counter to the country’s national interests after completing its third review of the UK-based fintech start-up. The commission that vets transactions by strategic enterprises took the decision on June 25. Revolut Bank plans to start operating as a specialized bank…Details
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At least 1.5 billion soms are provided in the budget of Kyrgyzstan for construction and overhaul of social and cultural facilities, the State Secretary of the State Agency of Architecture, Construction, Housing and Communal Services under the Government of the Kyrgyz Republic Samat Borubaev announced at a press conference. According to him, the main area…Details
In May the average nominal salary amounted to UAH 10,239, which was 2.5 times higher than the minimum wage, according to the Ministry of Economic Development and Trade. “The salary grew by almost 17.4% YoY,” the ministry wrote on its Facebook page. The ministry also noted that the highest average monthly salaries were recorded in…Details
In January-May Ukraine shipped 4.6 million tons of wheat to foreign markets valued at $974 million, reported the State Fiscal Service of Ukraine. Also, in the reporting period Ukraine supplied 373 thousand tons of barley to foreign markets for $77 million and 81 thousand tons of rye for $1.2 million. According to the State Fiscal…Details
Compared to April, the level of construction costs in Latvia grew by 0.6% in May. Labor remuneration of workers increased by 1.7%, prices of building materials by 0.5%, and maintenance and operational costs of machinery and equipment by 0.1%. In May, the average level of construction costs was affected the most by the increase in…Details
Volume of purchases of gold in the domestic market of Kyrgyzstan amounted to 1.6 tons for 4.7 billion soms in January-May, the National Bank reports. In 2018 the National Bank of the Kyrgyz Republic bought 4.2 tons of gold for 11.8 billion soms. Over the year, the volume of purchases of the precious metal increased…Details
The output in production of machinery and equipment, other vehicles, cars, trailers and semi-trailers amounted to 91.7 million manats in Azerbaijan in January-May. The production of cars, trailers and semi-trailers increased by 63.9%, machinery and equipment production – by 15.8%, while the production of other vehicles decreased by 1.8% in January-May 2018 compared to the…Details