Ukrainian banks have already opened 89% of their branches, although their share was 75% at the beginning of May, the press service of the National Bank of Ukraine (NBU) reported on Facebook. “Banks, along with the whole country, are gradually returning to normal life. The banking infrastructure is resuming its activity, more bank branches are…Details
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Ukraine will stop levying 1.5% war tax on coupon and investment incomes on government domestic loan bonds due to changes in legislation. The relevant changes are stipulated in Law No. 466-IX “On amendments to the Tax Code regarding the improvement of tax administration, the elimination of technical and logical inconsistencies in tax legislation”, adopted by…Details
Export of chemical products from Turkey to Kazakhstan increased by 8.7% in January-April and reached $26.4 million, Turkey’s Ministry of Trade reported. In April, the export of Turkish chemicals to Kazakhstan increased by 15.5% YoY, exceeding $6.7 million. (AzerNews/Business World Magazine)Details
The Ministry of Defense of Georgia will obtain NATO-standard hardware to replace some of the current equipment used by the Georgian Defense Forces, with the replacement necessitated by challenges demonstrated during COVID-19 lockdown efforts by the troops. The minister Irakli Garibashvili spoke about the effort by service members called up to help battle the pandemic…Details
Consumers bought fewer domestic products during the crisis and paid more attention to prices, the results of a new survey by pollster Kantar Emor showed. The head of the Estonian Food Industry Association Sirje Potisepp said that people had started to save money and this showed in their choice of cheaper food products. Describing customers…Details
Irish Ryanair Holdings Plc, Europe’s largest air low-cost carrier, intends to resume flights from Ukraine to Italy starting from July 6, Ryanair Ukraine has reported on Telegram. In particular, Ryanair will operate flights from Kyiv, Lviv, Kharkiv and Odesa. Thus, starting from July 6, the airline plans to resume flights Kyiv-Rome, Kyiv-Milan (Bergamo), Lviv-Bologna, Kharkiv-Milan…Details
Ambassador Extraordinary and Plenipotentiary of the State of Israel to Ukraine Joel Lion has said air traffic between Ukraine and Israel is not expected to resume in the near future due to coronavirus incidence statistics. He said he had offered a pilot project to the Ukrainian Foreign Ministry, but then it turned out the statistics…Details