For everyday transactions, residents use contactless payment cards. 120,000 people in Latvia use them, Swedbank representatives declared. Swedbank data shows – 80% of all payment cards renewed by clients are contactless cards. In total, there are more than 4,800 trade locations that offer transaction options for owners of contactless payment cards, and their number increases…
Each additional billion dollars of foreign investments is an additional 1% to Ukraine’s GDP growth, Yulia Kovaliv, Head of the Office of the National Investment Council, stated during the forum on foreign direct investments. “When we look at the biggest taxpayers, most of them, apart from state-owned companies, are large international companies,” Kovaliv said. She…
Without state support to involve state businesses in the capital market, it will not be possible to increase activity at the exchange, said Nasdaq Baltic market manager Indars Ascuks. “Purely mathematically – if we look at large companies that are not owned by the state or a single large strategic partner that is possibly quoted…
A shortage of dollars in circulation in Tajikistan has led to the further devaluation of the national currency, the somoni. The somoni has lost 2.2% of its value against the dollar over the last day alone – from 8.82 somoni per $1 on April 10, to 9.02 somoni per $1 on April 11. Meanwhile, it…
In March the index of consumer prices for goods and services totaled 100.3% as against February 2017 and 101.7% as against December 2016, the National Statistics Committee of Belarus reported. In March the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached…
In the coming months inflation should be around 3% in Estonia as a result of external factors and tax changes, said Kristjan Pungas, analyst at the Ministry of Finance’s Fiscal Policy Department. In March, price levels in Estonia and the eurozone in general were influenced by the increase of energy prices slowing down. “At the…
Compared to the first half of 2016, in the second half the average purchase prices of round timber kept declining, moreover, price drop has been recorded for the three recent years. Within the coniferous tree sector, the greatest reduction was observed in purchase prices of pine sawlogs in diameter under 14 cm, within deciduous tree…