Ukraine: investments in economy down in Q1 2020

In the first quarter of 2020, investments in Ukraine’s economy decreased by 29% and in the agriculture sector – by 35.3%, Oleksandr Zakharchuk, Head of the Investment, Material and Technical Resources Department at the National Research Center “Institute of Agrarian Economics” (IAE), stated referring to data released by the State Statistics Service. “In January-March, total…



Ukraine: economy to fall by 6-7% in 2020

Ukraine’s economy could contract by 6-7% in 2020, Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Sologub has said. “Based on the data on the decline in the first quarter, industrial production and transport in April, I think the decline may be more severe than expected. Accordingly, if we transfer the dynamics to…

Ukraine: main issues of bus transport relaunch named

Ukrainian bus carriers are hesitant to resume operations over the government-imposed restrictions on the number of passengers per vehicle, that’s according to ex-MP, transport expert Oleksandr Kava. “The market of bus transportation is that of privately-owned carriers unlike in European countries, where there are municipal monopolies in city and suburban transport,” the expert said. “Accordingly,…

Estonia: construction up in Q1 2020

According to the information released by Statistics Estonia on May 26, in the first quarter of 2020, the total production of Estonian construction businesses in Estonia and abroad increased by 7% YoY. The construction volume increased in Estonia, but decreased in foreign countries. The production value of Estonian construction businesses amounted to EUR 631 million,…