In October-December 2021, the amount of hryvnia funds of individuals in banks increased by 8.1% QoQ and by 15.3% YoY. This is said in the Banking Sector Review published on the website of the National Bank of Ukraine (NBU). The largest increase was recorded in private and foreign banks: by 41% YoY and by 22.4%,…
Under the influence of rebounding EU economy and high inflation the value of Latvian exports and imports reached records in 2021, official statistics showed. The Latvian Central Statistical Bureau wrote in a press release, that its provisional data showed that in 2021, Latvia exported EUR 16.49 billion worth of goods, EUR 3.19 billion or 24%…
Investors are trying to withdraw their capital from Ukraine under the pressure of information threats, Prime Minister Denys Shmyhal said during the Marathon of Unity UArazom on February 16. “We are talking about a serious economic challenge. As to exchange rate fluctuations, rising inflation, there are no real macro threats to our economy now, but…
The Ukrainian Ministry of Finance raised UAH 66 million to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On February 15, at auctions for the placement of domestic government bonds, the Finance Ministry offered investors two issues of securities in the national currency. The…
As the spread of Covid-19 in Latvia has decreased among children, the Latvian government has decided to lift the requirement for minors to present the digital Covid-19 certificate to prove their vaccination or recovery from the disease to attend events and receive services provided indoors or in the presence of an adult having one of…
Lithuania’s nitrogen fertilzser plant Achema said on February 15 it was considering suspending striking workers’ labour contracts, hiring new people to fill in their places. “We can take certain collective action against the remaining protesters, it’s called a lockdown, a temporary suspension of labour contracts,” Achema’s chief legal officer Rytis Budrius said. “It means that…
On February 14, the National Bank of Ukraine (NBU) sold $377 million to smooth out excessive fluctuations on the foreign exchange market, Director of the NBU’s Open Markets Department Oleksiy Lupin said. According to Lupin, at the end of last week, everyone noticed the deterioration of information environment due to negative news related to the…