Estonia: economy up in Q3 2017

Estonia’s GDP increased by 4.2% YoY in the third quarter of 2017, Statistics Estonia reported on November 30. In the third quarter, the GDP at current prices was EUR 5.8 billion. The seasonally and working-day adjusted GDP remained at the same level compared to the second quarter of 2017 (with growth of 0.3%), but grew…

Estonia: Q3 2017 profits of business sector down

Profits of Estonia’s business sector totaled EUR 787 million in the third quarter, indicating an 8% drop YoY. Sales, meanwhile, increased by 10%, to EUR 13.9 billion, Statistics Estonia reported. Compared to the third quarter of 2016, total profits decreased in most economic activities. Construction, agricultural and manufacturing businesses contributed the most to the total…

Tajikistan: Germany to assist in social projects

Tajikistan and Germany signed agreements on financial cooperation for the period of 2016-2017 and on technical cooperation for the period of 2016-2017. The agreement was signed by the Minister of Economic Development and Trade Nematullo Hikmatullozoda and German Ambassador to Tajikistan Neithart Hofer-Wissing. These documents were signed in accordance with the agreements reached during the…

Ukraine to issue $2 billion in bonds in 2018

Ukraine hopes to receive the next payment of its $17.5 billion IMF program early next year and will aim to issue $2 billion on debt markets in 2018, finance minister Oleksandr Danyliuk declared. Oleksandr Danyliuk said that progress on the International Monetary Fund’s rescue plan depended on establishing a new anti-corruption court, as well as…