Banks in 2020 reduced the number of structural divisions by 10.8%, or by 868 branches, to 7,134. According to the data posted on the website of the National Bank of Ukraine (NBU), as of the end of 2020 Oschadbank closed the operation of 490 branches (having reduced their number to 1,837), PrivatBank – 211 (to…
In December 2020, actual unemployment rate comprised 8.3%, up by 0.4% MoM. Unemployment rate registered by the State Employment Agency (SEA) accounted for 7.7%, up by 0.3%. Unemployment rate increase may be observed when comparing the data to the December 2019 – of 1.7% in actual unemployment rate and 1.5% in registered unemployment rate, according…
“The process of automation of the Tax and Customs Services in transportation of goods will be completed,” the acting Prime Minister of Kyrgyzstan, Artem Novikov, said at a meeting on elimination of smuggling schemes in moving goods and vehicles across the state border of Kyrgyzstan. According to him, Tunduk state-owned enterprise is working to provide…
Transitioning to greater dependence on renewable energy will be accompanied by a halting in support for more traditional fossil fuels-based energy production under a Reform-Center coalition government, Kaja Kallas (Reform) said. The change will particularly affect Ida-Viru County in northeastern Estonia, where oil shale mining, refining and power generation has long been a staple. More…
SkyUp Airlines plans to launch flights on the Kyiv-Ostrava-Kyiv (Ukraine – the Czech Republic – Ukraine) route on April 26, the airline’s press service reports. “Now flights are scheduled three times a week: on Mondays, Wednesdays and Fridays. Tickets are already available on the official website,” the report reads. Flights to Ostrava will complement the…