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Daily Archives: 2021-11-16

Ukraine: banking sector profitability exceeded pre-crisis level of 2019

UkraineBy admin2021-11-16Leave a comment

In July-September, the Ukrainian banking sector profitability exceeded the pre-crisis level of 2019 and amounted to UAH 21.3 billion, the Banking Sector Review published on the website of the National Bank of Ukraine said. “The banking sector in Q3 posted profits of UAH 21.3 billion, 1.5 times the level of Q3 2020. In the first…

Uzbekistan: 24% of youth unemployed

UzbekistanBy admin2021-11-16Leave a comment

The young people in Uzbekistan who don’t have jobs or study make up 24% of all the youth at the age of 16-24. Unemployment is especially high among girls – 4 times higher than among boys, the World Bank has stated in a report on youth unemployment in Uzbekistan. 18 million people in Uzbekistan fall…

Estonia: 7,400 fewer people unemployed in third quarter Q3 2021

EstoniaBy admin2021-11-16Leave a comment

Estonia’s unemployment rate fell to 5.7% in the third quarter of 2021, data from Statistics Estonia showed. The number of people without work dropped by 7,400 to 39,900. The labor force participation rate was 71.5%, the employment rate was 67.4% and the unemployment rate was 5.7% – the lowest this year. In the third quarter,…

Lithuania: workers with international experience might be disadvantaged

LithuaniaBy admin2021-11-16Leave a comment

Three out of four Lithuanian employers prefer employees with work experience in Lithuania rather than abroad, a survey by the Migration Information Centre (MIC) has found. “It is thought that people returning from abroad might be less loyal to the company and more willing to change jobs,” said Indre Jankauskaite-Cince, project manager at the MIC.…

Latvia: Freeport of Riga throughput down in October 2021

LatviaBy admin2021-11-16Leave a comment

In October, the port of Riga handled almost 2 million tons of cargo, down by 1.4% MoM. In ten months, the Port of Riga handled 17.26 million tons of cargo, almost a third part of the volume was various forestry cargo shipped from Riga to 22 countries around the world, most often to Great Britain,…

Ukraine: business receives UAH 70 billion under Affordable Loans program

UkraineBy admin2021-11-16Leave a comment

Under the government’s program “Affordable Loans at 5-7-9%” banks have issued loans worth more than UAH 70 billion to almost 25,000 businesses. Prime Minister Denys Shmyhal wrote about this on his Facebook page. “The 5-7-9% program gathers momentum. Finally, I’d like to note that as part of the 5-7-9% program initiated by the President of…

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