The Export Credit Agency (ECA) may start working in the fourth quarter of 2018 if its funding is increased by UAH 80 million. “We need UAH 80 million more to take legal and organizational measures needed to launch the agency. For the last six months we have been insisting on the stipulation of the indicated…Details
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The National Bank of Ukraine (NBU) is mulling over change in its monetary policy, admitting a possible lack of liquidity in the banking sector in 2019. “Besides the current decision on the key policy rate, the NBU Monetary Policy Committee (MPC) members also discussed potential needs in further modification of the operational design of the…Details
Latvian airline airBaltic has carried 2,770,047 more passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East in the first eight months of 2018. In August airBaltic carried 440,562 passengers, up by 14% YoY. In addition to that, airBaltic carried 18% more passengers in this year’s summer season than last year, setting a…Details
In January-August the output of machinery and equipment, other vehicles, cars, trailers and semi-trailers amounted to 209.6 million manats, the State Statistics Committee of Azerbaijan said in a message on September 18. Compared with the same period last year, car production grew 32-fold, machinery and equipment production by 16%, while the production of other vehicles…Details
The cost of bread has been reduced in Uzbekistan since September 17. The cost of a loaf of bread decreased from 1,200 soums to 1,050 soums. Earlier, since September 15 the cost of a loaf of bread has almost doubled from 650 to 1,200 soums, which caused discontent among the citizens. Such price fluctuations are…Details
Banks with Russian capital in Ukraine have filed cassation complaints against the Kyiv Court of Appeal ruling to freeze their assets. The Civil Cassation Court of the Supreme Court received respective complaints on September 14. As reported, businessman Ihor Kolomoisky achieved the freeze on the assets of three Russian state-owned banks in Ukraine in order…Details
Ukraine has attracted powerful investments in the field of renewable energy, agrarian sector and retail trade in recent weeks. “Over the past weeks, Ukraine has attracted large investments in the economy: in the renewable energy sector from Norwegian investors, in the agricultural sector from a Saudi Arabia company, and into retail trade from Swedish brands…Details