Ukraine ready to buy Russian gas

Although Ukraine has confirmed its readiness to buy 1.5-4 billion cubic meters of Russian gas this winter and Moscow said it was ready to ensure exports to Ukraine and the E

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Georgia: FDI up in January-September 2016

Foreign direct investment in Georgia increased by 5% YoY in the first nine months of 2016 to $1.29 billion, according to preliminary data released by the State Statistics Office

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Ukraine: exports of peas up in July-November 2016

In July-November Ukraine significantly increased the exports of peas to Pakistan, which reached 39.9 thousand tons, up by 75% YoY (22.8 thousand tons), and by 8% compared with the whole 2015/2016 MY (36

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Ukraine: terms for sending advance payments to buy equipment for Vilkha defense project extended

Ukraine’s Cabinet of Ministers has permitted government customers to extend the terms for sending advance payments to buy specialized equipment required for the implementation of the Vilkha defense project to 24 months

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Ukraine: grain harvest in standard weight to reach 64 million tons in 2016

In 2016 the production of grains and pulses in Ukraine will reach 64.2 million tons in standard weight, up by 4 million tons YoY, the Ministry of Agrarian Policy and Food of Ukraine declared

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Georgia: EIB to allocate EUR 450 million

The European Investment Bank (EIB) will allocate EUR 450 million to Georgia through three loan agreements, the EIB and Georgian Prime Minister’s Office said

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Latvia: micro taxes lead to macro problems

The government, entrepreneurs and social partners continue sharp discussions of the future of micro-enterprises and the tax regime to be applied to them in the foreseeable future

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Ukraine: DCH Group to involve Rothschild & Co as advisor to buy Odessa Port-Side Plant

DCH Group of the Kharkiv businessman Oleksandr Yaroslavsky has detailed its plans to create a consortium for the purchase of the Odessa Port-Side Plant

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Ukraine: sprouts of winter crops appear throughout 6.5 million ha

Sprouts of winter crops in Ukraine appeared throughout the areas of 6.5 million ha, or 93% of the planted areas, the Ministry of Agrarian Policy and Food of Ukraine informed

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Belarus: construction of new aircraft repair factory in Minsk airport to end in 2017

The construction of a new aircraft repair factory will end in 2017. Deputy Prime Minister of Belarus Anatoly Kalinin was made familiar with progress of the project to build the aircraft repair factory and the project to build the second runway in the Minsk National Airport

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Kazakhstan: by 2021 vegetable oil exports to reach 400 thousand tons

By 2021 the export volumes of vegetable oils from Kazakhstan will grow to nearly 400 thousand tons, oilseed meals – to nearly 500 thousand tons, the member of the board of directors at EFCO Group of Companies Vladislav Romantsev declared

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Belarus: Belarusbank signs memorandums of understanding with Afreximbank and SID Banka

Belarus’ largest commercial bank OAO Belarusbank has signed memorandums of understanding with African Export-Import Bank and Slovenian SID Banka during Belarusbank’s conference in Frankfurt (Germany), the bank’s press service reported

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Ukraine: seaports grain export up in early December 2016

On December 3-9, Ukraine exported 635.2 thousand tons of grains from the seaports against 550.9 thousand tons on the previous week. In particular, wheat shipments reached 188

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Belarus: inflation growth at 0.8% in November 2016

In January Belarus’ consumer prices grew by 1.9%, in February – by 2.9%, in March – by 0.8%, in April – by 0.7%, in May – by 0

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Belarus: foreign trade surplus at $238.2 million in January-October 2016

The overall turnover of commodities and services in foreign trade shrank by 10.5% YoY in January-October to $48.73 billion. Exports of commodities and services reduced by 11

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Turkey: TANAP construction 55% complete

The construction work as part of the Trans Anatolian Natural Gas Pipeline Project (TANAP) is 55% complete, Saltuk Duzyol, head of TANAP consortium, reported

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Ukraine and Russia do not disagree on gas price for Q4 2016

Russia and Ukraine do not disagree on the price for Russian gas for the fourth quarter of 2016, Russian Energy Minister Alexander Novak reported

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Moldova: social insurance budget approved

The parliament has approved of the state social insurance budget in the first reading with the revenue and expenditures amounting to MDL 16,410,670,200

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Moldova: national palace to host wine exhibition

11th Wine Vernissage will take place at the National Palace of Moldova on December 15. The event, called “The Magic Vernissage”, will bring together 36 wineries, which are going to present more than 200 wines, including 50 premier ones

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Ukraine: NBU starts publishing daily analysis of banking system liquidity

The National Bank of Ukraine (NBU) has started publishing daily analysis of liquidity of the banking system containing data about the state of the correspondent accounts of banks as of early working day and information about factors influencing their change, the regulator has said on its website

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