Fitch Ratings revised the Outlook on Ukraine’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at B. “On August 6, the international credit ratings agency Fitch Ratings revised the outlook on Ukraine’s long-term foreign-currency issuer default rating (IDR) from stable to positive and affirmed the IDR at B,” the…
Prime Minister Irakli Garibashvili has announced at a government meeting that starting from January 2022, “we will gradually increase the salaries of public servants”, while the salaries of mayors were planned to be doubled. Garibashvili said that as of today the salaries of mayors amounted to 1,800-2,000 GEL (about $648.30 or EUR 551.47), “which is…
The actual unemployment level in Latvia has decreased to 7.3%, or by 0.1% MoM. At the same time, the competition to find suitable employees is on a rise among employers, the director of Latvia’s State Employment Agency (NVA) Evita Simsone said. She said the situation was rather stable and typical for Latvia’s labor market. Currently…
The total production of industrial enterprises rose by 11% YoY in June, Statistics Estonia reported, the third month in a row to see a year-on-year increase. Production increased in all three major industrial sectors during that time: in mining (by 19%), in energy (by 14%) and in manufacturing (by 10%). Helle Bunder, one of the…
Uzbekistan’s apricot exports plummeted during January-June, going down by almost 50,000 tons YoY. The statistical committee said that the reason behind was frosting, which greatly affected the activities of gardeners in Uzbekistan. Two waves of frosts, which occurred at the end of February and then again in mid-March, affected the yield of stone fruit species…
Last week, the National Bank of Ukraine bought $76.3 million on the interbank foreign exchange market. Following NBU’s foreign exchange interventions at a single exchange rate, the National Bank bought $76.3 million on the interbank foreign exchange market from August 2 to August 6. The regulator did not sell foreign currency during the specified period.…