In November, the average nominal salary in Ukraine stood at UAH 14,300, up 2.4-fold from the minimum wage. It increased by 19.2% against November 2020, while real wages were up by 8%. Compared to October, the average salary in November rose by 1.7%, the Ministry of Economy reported. “Despite the introduction of additional quarantine restrictions…
Tallink Grupp says its Tallinn-Helsinki route shuttle vessel Megastar will go for its first regular dry-docking since the vessel first started operating on the route in January 2017 to Naantali shipyard in Finland in January 2022. The vessel will be in the dock for technical maintenance on January 11-16, 2022. During the docking the vessel…
From March 2022 onward the heating tariff of JSC Rigas siltums may increase by another 6.7%, according to the official entry in the Latvian Herald. From November 1 clients of JSC Rigas siltums pay 66.76 EUR/MWh for heating energy. From March 2022 the price will be 71.22 EUR/MWh. According to JSC Rigas siltums, tariff changes…
Georgia and the United Arab Emirates (UAE) signed an agreement on starting free trade negotiation during Dubai Expo 2020, the Economy Ministry reported. Minister of Economy Natia Turnava has stated that free trade with the UAE will boost Georgian exports to that country and region. “I was on an official visit to Dubai three months…
The government earmarked 6 million euros for Lithuanian businesses affected by China’s restrictions. Finance Minister Gintare Skaiste said the money would help businesses boost their competitiveness and diversify markets. “Given the geopolitical tensions and the problems businesses are facing in China today, especially exporting businesses, we propose to provide 6 million euros from the European…
Uzbekistan’s Uzbekneftegaz JSC and the Oil and Gas Research and Design Institute of Azerbaijan’s state oil company SOCAR discussed the possibilities of joint implementation of projects in Uzbekistan. Reportedly, Chairman of the Board of Uzbekneftegaz Mehriddin Abdullayev and Director General of SOCAR’s Oil and Gas Research and Design Institute Fakhraddin Ismayilov held a meeting to…
In 2021, Ukraine has received almost $2.5 billion from international financial organizations. “In 2021, we have continued to actively cooperate with international financial organizations and this year Ukraine received significant support from international partners, which shows confidence in Ukrainian institutions. In total, Ukraine has received almost $2.5 billion from the IMF, European Union, World Bank,…