Ukraine: state banks profit in H1 2019

Profits of Ukraine’s state-owned banks in January-June amounted to UAH 19.5 billion ($775.04 million), which was 65% of the profit of the entire banking sector. The Ministry of Finance of Ukraine said, at the same time, almost 60% of all profits in terms of assets were generated by Ukraine’s largest PrivatBank (UAH 18.3 billion, or…

Estonia: average wages up in Q2 2019

The average monthly wage rose to EUR 1,419 per month in the second quarter of 2019, figures released by Statistics Estonia showed. Compared to the same time period last year the average monthly salary increased by 7.4%. The average hourly gross wage was EUR 8.22 euros, up by 9%. The average monthly gross wages and…