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The Countries Drinking the Most Beer

When it comes to drinking beer, no one beats the Czechs. A new study by Statista has revealed how much beer people in selected countries consumed last year. In 2017, the average Czech drank 137.38 liters, a huge amount more than second-placed Poland with 98.06. In fact, Eastern European countries …

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EBRD Supports Modernisation of Private Bus Operator in Azerbaijan

The EBRD is improving public transport in the capital of Azerbaijan by supporting the acquisition of 35 new buses with a loan of the €6 million in Azeri manat equivalent for Baku, the country’s major political, administrative, financial and cultural centre with a population of around 3 million. The loan …

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Chinese Companies Invested $800M in Azerbaijan

Chinese companies have invested about $800 million in Azerbaijan, Azerbaijani Economy Minister Shahin Mustafayev said during a meeting with the Ambassador of China to Azerbaijan Wei Jinghua. Addressing the meeting, the minister stressed that Azerbaijan attaches special importance to cooperation with China. Speaking about the development of relations with China …

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In Search for the Most Promising Startups in Central Asia

On July 5th, Seedstars World, the biggest seed stage startup competition in emerging markets, selected the best startup in Kazakhstan during the pitching finals Seedstars Astana, hosted by the first international tech park in Central Asia – Astana Hub. Seedstars World, the largest seed-stage startup competition for emerging markets and …

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EBRD Supports Renewal of Public Transport in Ukraine

The EBRD is supporting the modernisation of public transport in Ukraine with a loan of up to €13 million for the acquisition of up to 72 low-floor trolleybuses for the city of Mariupol. Senior EBRD loan of up to €13 million for up to 72 low-floor trolleybuses for Mariupol €2 …

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How E5P Incentivises Root and Branch Reform in the Eastern Partner countries

New municipal bus fleets, residential energy efficiencies and district heating reforms are just some of the improvements that have been achieved thanks to the Eastern Europe Energy Efficiency and Environment Partnership (E5P). Issuing grants to make such projects possible has helped to put in place sustainable benefits across the region. …

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Russia’s “Google” Yandex – Soon to become Russia’s Amazon

Michael Levin

Yandex, popularly known as Russia’s Google, is working on its own online shopping service that might help it become Russia’s Amazon. Yandex is Russia’s biggest tech firm, and best known for creating the country’s most popular search engine. The firm says it has 50 million monthly users — an impressive …

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Azerbaijan Wants to Increase Hazelnut Exports to Europe

Azerbaijan Hazelnut Producers and Exporters Association (AHPEA) intends to expand the geography of hazelnut exports in the European market, the association’s Chairman Ismayil Orujov told Trend. He said that last week Azerbaijan Export and Investment Promotion Foundation (AZPROMO) organized an export delegation to Switzerland, and about 12 Azerbaijani producers took …

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Dress To Express – Fashion Speaks When Politics is Silent

“Images are not innocent. They tell us things about the world.” —Alfredo Jaar Fashion and Art is not just about aesthetics and ornamentation. It serves a purpose. Fashion has played a significant role in activism through imagery and performances. Over the centuries, artists have always been inspired by what happened …

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EBRD Approved 500 Million EUR Loan for TAP Project

EBRD Plans to Invest $400 million in Georgia

The EBRD board members approved a loan of 500 million euros for the Trans-Adriatic Pipeline Project, which provides natural gas transportation from Azerbaijan to the EU in 2020. The cost of TAP is 4.5 billion euros and one of the priority energy projects for the EU. The European Investment Bank …

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