Latvia: economy growing fast

The final data on the year 2017 by the European Union statistical bureau Eurostat showed that both the economy of the EU and the euro area had expanded at the quickest pace since 2007. Economist Ryan Djajasaputra of the South-African, British banking group Investec evaluated that much of the growth in 2017 had been driven…

Ukraine: local budgets revenues up in 2017

Revenues of local budgets in Ukraine grew by 31% or by UAH 45.3 billion due to the decentralization reform carried out in 2017, Prime Minister Volodymyr Groysman wrote on his Facebook page. “665 united territorial communities have already been created in Ukraine. Territorial communities receive millions of hryvnias for infrastructure development: they buy equipment for…

Turkmenistan: co-operation with Belarus to develop

President of Turkmenistan Gurbanguli Berdimuhamedov confirmed the structure of the Turkmen part of Turkmen-Belarus intergovernmental committee on scientific and technological cooperation. Document was signed in order to further develop cooperation between Turkmenistan and Belarus, a message of the Turkmen government said. Turkmenistan is one of the key partners of Belarus in Central Asia, message on…

Estonia: exports and imports up in 2017

According to information released by Statistics Estonia, the exports of goods increased by 8% and imports by 9% YoY in 2017, with exports totaling EUR 12.8 billion and imports to Estonia EUR 14.7 billion at current prices. The trade deficit in 2017 was EUR 1.9 billion, up by EUR 315 million. The increase in the…