Ukraine: NBU allows providing hryvnia loans against collateral of foreign currency on customers’ accounts

The National Bank of Ukraine (NBU) has allowed banks to provide loans in domestic currency against the collateral of foreign currency on customers’ accounts. This has been reported by the press service of the central bank. “As part of further relaxations of anti-recessionary foreign exchange restrictions, the National Bank of Ukraine has allowed banks to…

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Latvia: requirement for purchase of land not discriminating towards EU citizens

The law that provides stricter language requirements for procurement of agriculture land is not discriminatory towards citizens of other European Union member states, says Latvian Agriculture Ministry, commenting on complaints submitted to EC center for setting conflicts Solvit by foreign businessmen in relation to the requirements imposed by Latvia on privatization of land. “According to…

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Belarus: Belkommunmash to sell electric buses to Russia

The mechanical engineering company Belkommunmash is exploring the possibilities of supplying electric buses to Moscow, St Petersburg, and Yekaterinburg, Vitaly Shkuratov, head for marketing and sales in Belarus and Russia at the Management Company of the Belkommunmash Holding Company, reported. “We are considering exporting electric buses to Moscow, St Petersburg, and Yekaterinburg. The trial operation…

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