The “Friend of Small and Medium-sized Enterprises” (Friend of SMEs) of the Agency for the Development of SMEs under Azerbaijan’s Economy Ministry has started operating in Azerbaijan’s Gabala district. This is the first “Friend of the SMEs” in the Sheki-Zagatala economic region, which, along with the Gabala district, will provide services to entrepreneurs operating in…
The Ministry of Finance of Ukraine this year expects to receive from external sources about $4 billion in financing. “Our budget has laid down an approximate equivalent of $4 billion in external financial needs,” Markarova reported. According to her, external financing could come from several sources, including the World Bank, the European Union, bilateral lending…
The Listing and Surveillance Committee of Nasdaq Tallinn decided to approve the application of Magnetic MRO AS, the global provider of total technical care for aircraft operators and lessors headquartered in Tallinn, and admit 80,000 bonds of Magnetic MRO AS with a nominal value of EUR 100 each to trading on MTF First North, operated…
The Azerbaijani government will take all necessary measures to prevent intended increase in prices after increase of the minimum wage, Abulfat Maharramov, director of the labor policy department of the Ministry of Labor and Social Protection of Population of Azerbaijan, declared. Maharramov said the National Confederation of Entrepreneurs would be given relevant instructions to prevent…
The City Council of Vilnius has adopted the Lithuanian capital’s budget for 2019, with expenditure exceeding revenue by 5 million euros. The city’s revenue is expected to grow by 3.5% this year compared with 2018, to 611.717 million euros. Total revenue, including EU support and funds carried over from last year, is projected at 679.4…
As of late January, the growth of the gross domestic product (GDP) of Turkmenistan was 6.2%, the Turkmen government said in a statement. In general, the volume of production and the retail trade turnover grew by 4.9% and 19% YoY, respectively. The plan for the production of various types of food products has been fulfilled…
The international foreign exchange reserves of Ukraine amount to more than $21 billion, President of Ukraine Petro Poroshenko said at the All-Ukrainian Public Forum “Open Dialogue” in Kyiv. “In 2014-2015, the level of foreign exchange reserves amounted to $5 billion, and payments amounted to $7 billion. The threat of Ukraine’s bankruptcy seemed inevitable. Today, the…