58% of residents in Latvia have a good credit rating, and the pandemic has not significantly impacted their ability to make payments on time. For 34% of residents loans in banks are not available because of their low credit rating, according to statistical data from the Credit Information Bureau on residents’ credit rating in December.…
The defense budget for 2021 will amount to 2.3% of the Gross Domestic Product, the highest level since restoration of independence. The rise is partly the result of weapon systems procured late this year, including coastal missile systems. The nominal minimum domestic defense spend required of NATO members is 2% of GDP per annum. The…
Ukraine expects to receive UAH 7.5 billion of legal revenues from the gambling business in 2021, Danylo Hetmantsev, an MP from the Servant of the People faction and head of the parliamentary committee on finance, tax and customs policy, has said. “The receipt of these funds is envisaged in the state budget of Ukraine for…
With US Agency for International Development’s (USAID) support, Uzbekistan has joined the International Plant Protection Convention (IPPC), which sets global pest management standards, Information Officer of US Embassy in Tashkent Susannah Wood reports, commenting on the current project being implemented within the framework of the C5+1. Wood noted that C5+1 was a diplomatic platform for…
Azerbaijan and Central Asian country of Tajikistan have discussed ways of cooperation in the field of industry and sharing Azerbaijan’s experience in establishing industrial parks, Economy Ministry has reported. The discussion took place during a videoconference between the Azerbaijan Economy Ministry and Tajikistan Industry and New Technologies Ministry on December 23. Tajikistan Industry and New…
Ukraine intends to attract a short-term loan of up to $350 million from Deutsche Bank AG until the end of the current year, according to the Government portal. “In order to implement the Law of Ukraine “On the State Budget of Ukraine for 2020″, the Cabinet of Ministers of Ukraine decides: to carry out state…
The Tallinn city government has agreed to extend rent discounts for businesses operating on city-owned premises in the city center until April 30, 2021 and to make the discount of up to 80% available also to tenants of commercial premises outside the city center. Under the measure, a rent discount of 80% is available from…