Lithuania lagging behind Estonia in OECD global education rating

Several Lithuanian universities and colleges offer identical or similar study programs, but the graduates end up being on different rungs of the ladder after the graduation, career opportunities-wise and in terms of the wage. Having analyzed more than 70 study programs and specialties, Lithuanian magazine Reitingai (Ratings) has compiled the country’s Almae Matres, gauging the…

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Ukraine: banks stabilizing at weak levels

The Ukrainian banking sector continues to face challenges in credit growth due to the burden of unresolved problem loans and solvency issues, Fitch Ratings has said in a press release referring to its report “Ukrainian Banks Dashboard 3Q16.” “We expect sector performance to remain under pressure from high provisioning needs, while solvency recovery is likely…

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Azerbaijan: 14.5 million euro for SME development received

The European Union (EU) has allocated 14.5 million euros for Azerbaijan as part of the program on the country’s regional development, the Azerbaijani Economy Ministry said. The agreement, signed during the meeting between Azerbaijan’s Economy Minister Shahin Mustafayev and EU Ambassador to Azerbaijan Malena Mard, envisages twinning and technical assistance, creation of an information system…

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