Azerbaijan-German relations, reduction of non-residents' deposits in Azerbaijani banks, increase in external debts of state-owned companies are the leading topics of today's press.
The newspaper "Azerbaijan" writes about the visit to the country of German Chancellor Angela Merkel on August 25. This visit creates opportunities for discussing the prospects for bilateral relations.
The author emphasizes Azerbaijan's leadership in the region, cites Merkel's speech three years ago, that with the dynamic development of the Azerbaijani economy, the importance of this country as a partner of Germany increases.
Further, the author speaks about the importance of major international projects with the participation of Azerbaijan for Europe as a whole.
The article notes that the trade turnover between the two countries is about 1 billion dollars. Last year Azerbaijan's share in the total trade volume of Germany with the countries of the South Caucasus was more than 60%.
The site "Bizim yol.info" writes that foreigners' deposits in the banks of Azerbaijan are decreasing. This issue is commented on by expert Parviz Heydarov.
He believes it is early to speak about the return of confidence to banks. Several foreign companies left the country, which also reduces confidence and reduces the contributions of foreigners in the country's banks.
The "Modern.az" website discusses why the external debt of Azerbaijan is growing. The reasons are explained by expert Gadir Ibrahimli. For April 1 of the current year, the debt was 9 billion 643 million dollars or 16 billion 393 million manats.
The expert asserts that, in relation to the volume of GDP produced in the country, external debt is not so great and there is no cause for concern. There are two reasons for the growth of debt. First, the state assumed the debts of Interbank, the second - the financing of the project "Southern Gas Corridor".
Anxiety creates an increase in external debts of state structures. "Azerbaijan Railways" has a debt of about $ 500 million, "Azerenerji" - about $ 1 billion, SOCAR - about $ 10 billion, and so on.
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Lawyer Agil Layij has accused the chairman of the Baku Court of Appeals, Mubariz Akperov, of mismanagement and called on President Ilham Aliyev to intervene. Layij voiced his concerns in a Facebook post, stating that Akperov's leadership has reduced legal defense to a "formal level."
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As part of its strategy to support inclusivity, Bakcell, the leader in innovation and speed, organized an event titled “Innovating Towards Diversity” at the Kaşalata Café, established by the public union “Birgə və Sağlam” (Together, Healthy). The event celebrated the partnership between Bakcell and the public union while offering an opportunity to connect with the young employees of the café.
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The Cabinet of Ministers of Azerbaijan has approved amendments to the regulation on the allocation of funds collected from traffic fines, initially established in 1999. The decision, formalized under the decree No. 14 on January 23, 2025, aims to align existing legislation with recent presidential directives to enhance traffic management in Baku's administrative territory.
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On 25 January, the weather in the capital will be changeable. At night and in the morning there will be weak precipitation in some places. Wind is north-western. At night +4+6, during the day +7+10.
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