News

26Oct2015

The European Bank for Reconstruction and Development and the International Finance Corporation will lend 114.8 million euros ($165 million) to wind farms that EDP Renovaveis SA (EDPR) is developing in Romania. The EBRD and the…

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26Oct2015

Ukraine’s central bank raised the cost of deposit certificates to remove excessive liquidity from the market, Kommersant-Ukraine reported, citing a central bank document it obtained a copy of. The annual interest for two-week certificates was…

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26Oct2015

Ukraine’s debt, including state guarantees, fell 0.7 percent in May as the government repaid some foreign and domestic credits, the Finance Ministry said. Sovereign debt declined to $57.8 billion as of May 31 from $58.2…

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26Oct2015

In the period January-March 2011, Bulgaria’s exports to the EU increased by 56.4% compared to the same period a year earlier, totaling BGN 5.7 bn, the National Statistical Institute reported (NSI). The main trade partners…

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26Oct2015

Romania’s economy expanded more than initially reported in the first quarter on surging exports boosted by demand from western Europe. Gross domestic product (GDP) rose 1.7 percent, the first annual growth in two years, compared…

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26Oct2015

Ukraine’s state-run rail operator Ukrzaliznytsya will have USD 2.07 billion of capital investments this year, Ekonomicheskie Izvestia reported, citing the deputy head of the company, Mykola Serhiyenko. The company will invest part of the capital…

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26Oct2015

Ukraine’s state debt, including guarantees, rose 3.1 percent in April as the government increased domestic borrowing, the Finance Ministry said. Sovereign debt increased to USD 58.17 billion as of April 30 from USD 56.42 billion…

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26Oct2015

Romania will receive a EUR 500 million investment loan for its Social Assistance Reform Strategy from the World Bank, provided the country has certain results within this program, such as providing stronger incentives for people…

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26Oct2015

Even though the spike in fuel prices and food products is expected to continue to fuel inflation in Bulgaria, the head of the International Monetary Fund (IMF) mission to the country remains upbeat. “Inflation is…

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26Oct2015

Lytvyn emphasized that Ukraine after the presidential elections “is in the process of in-depth understanding of what actions and reforms are needed”. According to him, the priorities have been already formed which are crucial and…

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