The Estonian state needs an estimated EUR 3.87 billion for 2020 and a further EUR 1.2 billion for 2021, the treasury (Riigikassa) has announced, following an outline of changes on how the state’s cash-flow will be managed going forward and in the wake of the coronavirus pandemic and its economic fallout. The debt requirements of…
DetailsIn January-April, mutual trade between Kazakhstan and the EAEU countries amounted to $5685.9 million. This amount is 9.3% below that in January-April 2019, including export – $1,606.6 million (-16.5%) and import – $4,079.3 million (-6.1%). According to the agency, 92.6% accounts for the Russian Federation, 3.9% – the Kyrgyz Republic, 3.4%, – the Republic of…
DetailsThe Ecolines international bus service, which includes the Ukrainian Autolux service, resume trips from Kyiv to Warsaw and Szczecin (Poland). As the company’s press service has reported, the company will gradually resume trips on other international routes. Moreover, the company said that Autolux had already resumed regular bus service from Kyiv to Odesa, Zaporizhia, Kharkiv,…
DetailsMeat production in Ukraine in January-May totaled 1.4 million tons (in live weight), up by 1% YoY. In particular, enterprises increased meat production by 3.2%, while households reduced it by 3.3%, Ukraine’s State Statistics Service said. However, milk production in the country in January-May decreased by 3.6%, to 3.63 million tons. Egg production increased by…
DetailsThe National Bank of Georgia has sold $20 million to stabilzse the Georgian lari amid its depreciation. As of now, $1 costs 3.0404, while 1 EUR costs 3.4177 GEL. In 2020, the National Bank of Georgia carried out seven foreign exchange interventions in total selling $209.65 million. Back in January the cost of $1 was…
DetailsUnder influence from COVID-19 crisis the number of employed people in Latvia may decline by 7.5% or by 69,000, whereas the unemployment level in 2020 may increase to 11%, according to the report from Economy Ministry on the medium and long-term outlooks for the labour market. The ministry notes that along with the rapid spread…
DetailsActive work on capacities increase of the existing in Agadyr settlement of Karaganda region solar power station is currently underway, a representative of Karaganda region’s akimat (administrative center) has reported. The official said that currently the akimat together with Kaz Green Energy company was in the process of implementing the project for construction of a…
DetailsA total of 56,000 enterprises have taken the opportunity of partial unemployment benefits and 131,000 employees have already received financial assistance from the state, according to Economy, Trade and Agriculture Development Minister Ihor Petrashko. “Some 56,000 companies have benefited from the partial unemployment program: 131,000 people receive assistance,” Petrashko said at a briefing. According to…
DetailsMilk production in Ukraine decreased by 3.6% YoY in January-May, according to the State Statistics Service. In particular, milk output amounted to 3.64 million tons, including 1.15 million tons produced by agricultural enterprises (-1.2%) and 2.49 million tons by private households (-4.7%). The highest volumes of milk production over the reporting period were recorded in…
DetailsAbout 202 million GEL ($66.12 million or EUR 58.37 million) will be spent on 67 water and sewerage infrastructure projects throughout Georgia in 2020 that will benefit about 779,625 people, the United Water Supply Company of Georgia has announced. “Currently, the United Water Supply Company of Georgia is implementing 34 large-scale infrastructure projects, and 33…
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