Next year, the minimum wage will grow from UAH 3,200 to UAH 3,723 ($142). The minimum living wage per person will be UAH 1,700 from January 1, 2018, UAH 1,777 from July 1, and UAH 1,853 from December 1, 2018. Such a growth of social standards is stipulated in the draft Law of Ukraine “On…Details
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Azerbaijan has purchased new artillery guns from the Czech Republic. The DANA self-propelled artillery guns of the Czech production have been delivered to Azerbaijan and are being used in large-scale exercises involving various branches of Azerbaijani Armed Forces, the Defense Ministry reported on September 18. First introduced in 1977, DANA systems have a firing range…Details
In August Latvian airline airBaltic carried 386,597 passengers, up by 21% YoY. For the third consecutive month the airline has been steadily exceeding its passenger transport results. In the first seven months of 2017, the airline carried a total of 2,345,371 passengers to destinations in Europe, Scandinavia, Russia, CIS and the Middle East. In August,…Details
Azerbaijan’s Ministry of Finance has submitted the state budget drafts for 2018 to the Cabinet of Ministers, the ministry said on September 18. Draft state budget and draft consolidated budget for 2018, as well as consolidated budget indicators for the next three years, were submitted to the Cabinet of Ministers. Azerbaijani state budget revenues for…Details
Ukraine has received proposals to buy back 2019 eurobonds for $1.161 billion and 2020 eurobonds for $415.152 million and chosen to accept all of the bonds validly tendered for repurchase, the issuer has reported on the Irish Stock Exchange (ISE) on September 18. “The offeror hereby announces that the total final acceptance amount is equal…Details
Minimum authorized capital for each newly established commercial bank in Uzbekistan will be 100 billion soums starting from October 1. According to the decree of the country’s President Shavkat Mirziyoyev “On measures to further develop and improve stability of Uzbek banking system”, the banks operating in Uzbekistan must bring their authorized capital, if necessary, to…Details
The Boryspil International Airport is conducting another round of negotiations with one of the largest European air-carriers, Ryanair, to ensure its entry into the Ukrainian market, Minister of Infrastructure Volodymyr Omelyan reported. “At the moment Ryanair is in the negotiation process with the Boryspil Airport. I hope that these negotiations will be a success, from…Details