Latvia: 40.5% of unemployed people middle-aged

At the end of 2018 Latvia’s State Employment Agency (SEA) focused on the category of unemployed people older than 50. These people accounted for 40.5% of all unemployed people in Latvia, according to the agency’s 2018 report. Long-term unemployed people were also SEA’s focus last year. These people account for 25.1% of all unemployed people…

Ukraine: state debt up in June 2019

As of June 30 Ukraine’s state and government-guaranteed debt amounted to $80.35 billion, or UAH 2,102.41 billion, the Finance Ministry has reported. “As of June 30 the state and government-guaranteed debt of Ukraine amounted to UAH 2,102.41 billion or $80.35 billion, including the state and government-guaranteed external debt in the amount of UAH 1,309.33 billion…

Estonia: Regional Jet revenue up in 2018

Estonian carrier Regional Jet, which is owned by Estonian state-owned airline Nordica and LOT Polish Airlines, achieved a better than expected zero result for 2018, with turnover increasing by 80% YoY, to EUR 68 million. “I am really impressed with how our organization has developed all these new businesses in such a short period of…

Azerbaijan: electricity exports up in H1 2019

Azerbaijan exported 1.2 billion kilowatt-hour of electricity in January-June in comparison with 1.1 billion kilowatt-hour in the same period of 2018, the State Customs Committee reported. The cost of electricity exported during the mentioned period amounted to $51.9 million compared to $54.6 million. The main producer of electricity in Azerbaijan is Azerenergy. The capacity of…