During his visit to Georgia, President of Ukraine Volodymyr Zelensky discussed the priority steps to intensify trade and economic cooperation with President of the Republic of Moldova Maia Sandu. “The President congratulated Maia Sandu on the victory of the pro-European democratic forces in the parliamentary elections in Moldova and wished his Moldovan counterpart success in…
In June, actual unemployment rate comprised 7.8%, down by 0.1% MoM. The unemployment rate for females increased by 0.1%, to 7.4 % in June, but for males it remained unchanged at 8.3%. Unemployment rate registered by the State Employment Agency (SEA) accounted for 7.4%, down by 0.2%. Unemployment rate decrease may be observed when comparing…
Prime Minister Irakli Garibashvili called the new daily rate of coronavirus infections alarming and stated that Georgia would not endure another lockdown. “Our country can no longer endure another lockdown. If we have to close the country again later, people will lose their jobs and an unbearable situation will be created. I want to make…
Free Trade Union Confederation of Latvia (LBAS) has sent a letter to the Saeima speaker and all factions in the parliament. In it, LBAS expresses its opinion on the rights of employers to lay off employees not vaccinated for Covid-19, as confirmed by LBAS. Because the Cabinet of Ministers decided on July 14 to approve…
The International Monetary Fund (IMF) projects the Georgian economy to grow by 7.7% in 2021, “a significant upgrade from just a few months ago, which implies that output will exceed its 2019 level this year”, reads a concluding statement of the IMF staff at the end of an official visit in Georgia. The IMF statement…
The producer price index of industrial output rose by 9.4% YoY in June, state agency Statistics Estonia reported on July 20. The index rose by 2.6% between May and June. “Falling prices in mining and quarrying and in the manufacture of beverages had an opposite effect on the index,” Eveli Sokman, leading analyst at Statistics…
The effective use of labor potential and the return of migrant workers from abroad is a matter of national security and statehood, Ukraine’s First Deputy Prime Minister, Economy Minister Oleksii Liubchenko has said at the opening of the All-Ukrainian Forum “Ukraine 30. Human Capital” in Kyiv. He said it was impossible to count the exact…