President Volodymyr Zelensky has signed the Law “On the provision of construction products on the market”, the president’s press service reports. The law aims to harmonize the conditions of the domestic market of construction products with European rules. The law defines the legal and organizational principles of putting into circulation or providing construction products on…
Latvia’s government has decided to support the proposal to keep VAT at 5% for fruits, berries and vegetables until December 31, 2023. At the same time, the government also decided to outline achievable indexes for results, Finance Ministry reported. This is support measure is intended to promote agriculture and gardening sectors’ development, reduce grey economy,…
The regional CEO of Flixbus has said the international bus company has now met the requirements to provide a route from Tallinn to Vilnius, Lithuania, but is now waiting for specifications from the Ministry of Economic Affairs and Communications (MKM). In August, Flixbus Estonia proposed opening a line between the capitals of Estonia and Lithuania,…
The Cabinet of Ministers of Ukraine has decided to allocate additional funds in the amount of UAH 175.27 million to overcome the consequences of the June flood in western regions of Ukraine, according to the press service of the Economy Ministry. The Government allocated UAH 175.268 million from the reserve fund of the state budget…
In January-July, Ukraine’s fish and crustacean exports grew by 23.3% YoY, to over $18.7 million, the press service of the Ukrainian State Agency of Fisheries reported referring to data provided by the State Statistics Service. Most exports of Ukrainian fish and crustaceans were delivered to Germany (for $4.2 million; 22% of total exports), Denmark ($3.53…
Compared to August 2019, total retail trade turnover rose by 4.4% in August 2020. Turnover of retail trade in food products grew by 4.1%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 2%, while turnover of retail sale of automotive fuel – by 11.3%, according to data from the…
The government on September 29 agreed on the state budget for 2021 with expenditures amounting to approximately EUR 13 billion and revenues at over EUR 11 billion. Funding for research will increase to 1% of GDP and pensions will rise. Prime Minister Juri Ratas (Center) said the purpose of the budget was to accelerate economic…