In 2020, the average monthly gross income per employee was EUR 1,380, up by EUR 63 YoY, data from Statistics Estonia showed. Income was the highest in Harju county (EUR 1,541) and the lowest in Ida-Viru county (EUR 1,088). The average gross income covers wages and salaries paid to employees and civil servants, work-related stipends,…
President of Ukraine Volodymyr Zelensky has signed the law on certification of transmission system operator in line with the European Union’s requirements. On May 12, President Zelensky signed the Law of Ukraine “On amending certain legislative acts of Ukraine regarding certification of transmission system operator”, which was approved by the Verkhovna Rada on April 15.…
The conclusion of a bilateral preferential trade agreement between Ukraine and the United States can become an effective tool of geoeconomics, providing increased global competition in trade, Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko said during a conversation with United States Trade Representative Katherine Tai. “Strategic partnership with the United States…
Uzbekistan exported $3.2 billion worth of goods during January-March, the GDP growth amounted to 3%, industrial production grew by 3.8% and agriculture by 3.1%. State budget revenues exceeded the forecast by almost $190 million. President Shavkat Mirziyoyev during a meeting on May 12 said that these figures, indeed, were good, but not enough. If all…
At the end of April, the level of registered unemployment in Latvia was 7.9% of the economically active population, down by 0.3% MoM, according to information from the State Employment agency (NVA). At the end of April, there were 71,376 unemployed people registered with NVA, down by 2,856 people. The unemployment level declined the sharpest…
Tax revenue grew by nearly 20% YoY in the first quarter of 2021, the Finance Ministry reports, and totaled EUR 1.77 billion, payable to the Tax and Customs Board (MTA). The tax take increased for three consecutive months, with growth gradually accelerating largely due to the low baseline in spring 2020 as the coronavirus pandemic…
The Ministry of Economy and Finance of Kyrgyzstan offers its own variant of protection of entrepreneurs from unauthorized inspections and other pressure. The document was submitted for public discussion. It is specified that to date, 15,000 small and medium enterprises and about 400,000 individual entrepreneurs are engaged in business in the Kyrgyz Republic. “They regularly…