The real gross domestic product of Ukraine grew by 2.1% YoY in the third quarter of 2017, according to the report published on the website of Ukraine’ State Statistics Service. Earlier, on November 14, the statistics agency released preliminary estimates claiming that GDP growth in Ukraine in the third quarter also amounted to 2.1% in…Details
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The first power-generating unit of the Belarusian nuclear power plant will be commissioned by the end of 2019. Deputy Prime Minister of Belarus Vladimir Semashko made the statement during the joint session of the two chambers of the Belarusian parliament on December 20. Vladimir Semashko said: “I can state that we should commission the first…Details
In the first ten months of 2017, a total of 71.5 million liters of beer was produced in Latvia, up by 9.36% YoY, according to data compiled by the State Revenue Service. 89.28 million liters of beer were imported to Latvia in ten months of 2017, up by 16.15% YoY. 136.9 million liters of beer…Details
During the meeting with Belarusian Minister of Transport and Communications Anatoly Sivak and Lithuanian Minister of Transport and Communications Rokas Masiulis discussed the successfully operating chain of Belarusian cargo transportation using the services provided by the Lithuanian Railways and Klaipeda State Seaport, as well as the outlook of bilateral cooperation in developing the necessary transport…Details
The Asian Development Bank (ADB) has signed a $14.27 million loan agreement with the government of Georgia to upgrade and improve the Tbilisi metro, which currently benefits over 300,000 commuters daily. “The project will help meet the growing demand for reliable, safe, and efficient sustainable transport – a high priority of the government,” said Yesim…Details
Ukraine’s Finance Ministry expects that the deficit of the national budget in 2017 would be retained within the 2.4% of GDP target, Deputy Finance Minister Serhiy Marchenko has said. “The deficit is expected to be 2.4% of GDP. We do not see any risks that the target is not met,” he said at a press…Details
Director of the Financial Stability Department at the National Bank of Ukraine (NBU) Vitaliy Vavryshchuk says the share of non-performing loans in Ukraine’s banking system is a record high in the entire history of international observations. “We have established a somewhat unpleasant and very costly record for the country’s economy and banking sector: the highest…Details