Ukraine: government to stimulate programs to cut financial resource cost for business

Prime Minister Denys Shmyhal says that in order to accelerate economic growth, the Ukrainian government will continue to stimulate government programs aimed at facilitating access to financial resources. The prime minister stated this at a special gathering of business community “EBA Global Outlook 2021: the Year of Big Questions”, when asked how the government would…

Estonia: layoffs main cause for job loss in 2020

Registered unemployment in Estonia increased to 8.3% in December 2020 with the largest rate of unemployment present in Ida-Viru County. The most common for unemployed persons registering with the Unemployment Insurance Fund (Tootukassa) last year was layoffs. In 2020, the fund registered a total of 110,942 unemployed people, up by 30.6% YoY. There were 87,877…



Ukraine: trade turnover down in January 2021

Ukraine’s trade turnover in January amounted to $8.14 billion, down by $140 million YoY, according to data provided by the State Customs Service of Ukraine. In January, Ukraine imported goods worth $4.2 billion (imports increased by $87 million, or by 2%). Exports from Ukraine amounted to $3.9 billion (down by $227 million, or by 5%).…