The average nominal wage of a full-time employee grew by 14.8% in Ukraine in December 2019 against November 2019, while rising by 16% YoY, to UAH 12,264, or $496. Real wages in Ukraine in December 2019 increased by 0.5% MoM and by 11.3% YoY, the State Statistics Service reported. The average nominal rate of a…
The state budget of Ukraine in 2019 was implemented with a deficit of UAH 78.050 billion ($3.14 billion), up by 32% YoY, the State Treasury Service of Ukraine reported on its website. The consolidated budget saw a deficit of UAH 84 billion ($3.41 billion), the report said, up by 24%. The 2019 state budget provided…
Local residents held a protest in At-Bashi district of Naryn region of Kyryzstan near the building of local administration. Residents demanded to cancel lease of land to Chinese investors for construction of a logistics center. About 150 people participated in the peaceful rally. Local residents insist that the Government should involve local businessmen, and not…
Currently there is no specific plan to use taxes to improve state goals in relation to climate neutrality in Latvia, said Economy Minister Ralfs Nemiro at a press conference after a government meeting on January 28. In the government’s approved Economy Ministry’s developed National Energy and Climate Plan for 2030 it is proposed reaching “green”…
National Bank chairman Yerbolat Dossayev focused on the national payment system and exchange market development. “One of the priorities of the National Bank is to fight the shadow economy and increase the share of paperless payments. To this end the National Bank, financial market development and regulation agency and Government will prepare the national payment…
The Deposit Guarantee Fund last week sold insolvent banks’ assets worth UAH 32.72 million, the fund’s press service reported. “Last week (January 20-24) the assets of 11 banks, which were in the management of the Fund, were sold for a total sum of UAH 32.72 million,” the report says. In particular, UAH 11.82 million was…
SkyUp Airlines is launching direct flights between Odesa and Heraklion, Odesa International Airport’s press service has reported. According to the report, the cost of a few-hours flight to the ancient city on the Greek island of Crete starts from UAH 1,559. “SkyUp Airlines opens the sale of tickets from Odesa to one of Greece’s most…