The government is to make available a further EUR 8.5 million in crisis support for the tourist sector, pending the go-head from the European Commission. The main target groups in the support will be hotels and other accommodation businesses, travel agents, restaurants and other eateries in Tallinn’s Old Town, and manufacturers of handicrafts and other…
Foreign ministers of Uzbekistan and Turkey have agreed to boost trade to $5 billion, as officials met in Tashkent on March 9. On the same day, they signed a memorandum of understanding to improve bilateral relations and cooperation. Turkish Foreign Minister Mevlut Cavusoglu said that despite the pandemic, the trade hadn’t decreased, but soared to…
The local government agencies of Zakarpattia region and Hungary have concluded 141 agreements on cooperation, in particular on the supply of BCG vaccine, the reconstruction of palaces and cultural monuments and the construction of a waste sorting plant, Chairman of Zakarpattia Regional Council Oleksiy Petrov has said on Facebook. According to Petrov, cooperation between Hungary…
Azerbaijan and Tajikistan have discussed prospects of cooperation in tourism. The number of Tajik citizens visiting Azerbaijan increased by 50% and reached 3,500 in 2019. The Chairman of the State Tourism Agency Fuad Naghiyev stressed that the figures didn’t fully reflect the potential of tourism cooperation between the two countries. He emphasized the need to…
Uzbekistan will allocate $50 million to Kyrgyzstan for implementation of various economic projects. This was announced at the meeting of the Committee on Economic and Fiscal Policy. The members approved ratification of the agreement on establishment of the Kyrgyz-Uzbek Development Fund. According to it, Uzbekistan will allocate funds to Kyrgyzstan. A board will be created,…
Compared to February 2020 the average level of consumer prices decreased by 0.2% in February 2021. Prices of goods fell by 0.7%, while prices of services rose by 0.9%. Compared to February 2020, in February 2021 the average level of consumer prices was mainly influenced by the drop in prices of goods and services related…
Minister of Finance Keit Pentus-Rosimannus (Reform) has announced that the government is planning to create a supplementary budget that will among other things extend payouts of wage support and sick leave compensation. The finance minister has previously said the government prefers using the Unemployment Insurance Fund, the government’s reserves, EU crisis support funds, Enterprise Estonia…