Ukraine: wage arrears exceed UAH 4 billion

As of November 1, salary arrears in Ukraine reached UAH 4,007.4 million, almost unchanged compared to the previous month, the State Statistics Service reported. At the beginning of November, more than three quarters of debt accounted for industry (76.50%). At the same time, more than half of salary debts were recorded in Donetsk region (25.1%),…

Georgia: economy up in October 2021

Prime Minister Irakli Garibashvili stated that the economic growth in Georgia in October amounted to about 7%, while growth in the past 10 months totaled 10.5%, calling it “unique, unprecedentedly high growth across Europe”. He also said several days ago that the gross domestic product in Georgia would reach a historic high in January 2022…

Latvia: online sales up in October 2021

Compared to October 2020, total retail trade turnover decreased by 2.3% in October. Turnover of retail trade in food products grew by 0.1%. Retail trade in non-food products (except for retail sale of automotive fuel) decreased by 5.7%, but turnover of retail sale of automotive fuel – increased by 1.4%. Compared to October 2020, the…