Odessa Port-Side Plant is in the hardships today due to the unfavorable situation on the global fertilizer market, ineffective management and using it in the corruption purposes and for various frauds, Ukrainian Prime Minister Volodymyr Groysman has said. “Now we see the fact of ineffective management of the plant, including by the State Property Fund.…
The meeting of the Board of the International Monetary Fund (IMF), which will consider granting Ukraine the next tranche under the EFF program, may be held in late January 2017, Finance Minister Oleksandr Danyliuk has said. “Indeed, after the adoption of the budget we got closer to receiving the next tranche. The Cabinet of Ministers…
Lenders in Estonia are continuing to build a common positive credit rating register to enable banks and creditors assess the ability of upcoming clients to repay their debts. “Things are currently in the programming phase”, Alar Jager, development director at AS Creditinfo explained. “This is a project with an open deadline, so to speak, because…
Overnight into December 21, the Verkhovna Rada (Parliament) passed the state budget for 2017. Fiscal revenues for 2017 are envisaged at 721.4 billion UAH and expenditures at 790.4 billion UAH. The budget deficit was set at 77.5 billion UAH. The following macroeconomic indicators are proposed for 2017: GDP growth at 3-4%; inflation at 8.1%; forecast…
As the year comes closer to its end, residents become more and more positive. Compared with October, residents’ overall prediction for the future has improved by three points. Optimistic changes are also noted in general expectations, which have improved by two points. Last month residents’ criticisms were fairly rough on nearly all positions. The biggest…
Support of agriculture from the 2017 national budget would be around 5.5 billion UAH, Ukraine’s Agricultural Policy and Food Ministry has reported. “Now farmers will receive subsidies in the amount of 1% of products they make during five years. This is a really historic decision, as Ukraine does not have this model. In 2017 support…
In Q3 Riga was the only Baltic capital where housing affordability had improved in comparison with the same period of 2015. Growth of average net wages and decline of interest rates contributed to the improvement of housing affordability. Affordability in Tallinn has become somewhat worse under influence from higher interest rates. Housing affordability in Vilnius…