The council of the Latvian state energy giant AS Latvenergo has been removed by Economy Minister over lack of productivity. Yet its members have stated they are satisfied with the achievements of their work. Latvian Economy Minister Ralfs Nemiro (KPV LV) removed the council of the state capital company on June 19. Nemiro thanked council…Details
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In April the state debt of Kyrgyzstan amounted to $694.49 per capita. Over the month, the debt burden has decreased by $1.16. According to the Ministry of Finance, as of April 30 the total amount of the state debt (external + internal) of Kyrgyzstan was $4,444.74 billion (310,464.82 billion soms), including $3,785.96 billion (264,449.03 billion…Details
Bank Respublika has signed an auto financing loan contract worth $8 million with the Netherlands Development Finance Company (FMO), a Dutch bank. A loan for a period of three years was allocated to finance the agricultural sector and small and medium-sized enterprises (SMEs). The funds are also to be used to finance the activities of…Details
As of June 19, Ukrainian agrarians have harvested early grains and pulses throughout the areas of 79 thousand ha, and produced 229 thousand tons of the grains. The average yield totaled 2.91 ton/ha, reported the Ministry of Agrarian Policy and Food of Ukraine. Six regions only started the harvesting campaign of early grains, namely: Dnipropetrovsk,…Details
The Cabinet of Ministers of Ukraine has allocated UAH 32.5 million for an international audit of the State Concern Ukroboronprom. The relevant decision was made at a government meeting on June 19. “We are forced to make changes in the issue of international audit of Ukroboronprom. We have adjusted the amount up to UAH 32.5…Details
Bolt (formerly branded Taxify) introduces its electric scooter rental service in Tallinn. Users will be able to use scooters by way of Bolt’s ride-hailing app. A second company, Citybee, announced a similar service. Users of the Bolt app will be able to pick up a scooter by scanning its QR code. For first-time users, the…Details
The International Bank for Reconstruction and Development (IBRD) is offering a $62-million loan to help increase the reliability of the electricity supply and prevent outages across the regions of the western Georgia. The loan will ensure the financial viability of the Georgia State Electrosystem (GSE), and help the GSE access long-term commercial financing. The money…Details