Ukraine: e-sports to become part of economy

E-sports should become a part of Ukraine’s economy, as competitions and game development can replenish the state budget. “E-sports is a powerful global trend. About 600 million people, including millions of Ukrainians, are engaged in this activity. Thus, e-sports should become a part of our country’s economy as competition, infrastructure and game development can significantly…

Ukraine: flour production down in 2019-2020

In MY 2019-2020 Ukraine decreased flour output by 6.2%. Bread and bakery products manufacture fell by 13.2%, macaroni products – by 2.8%, bran – by 3.3%, while hulled, half-hulled or crushed rice – by 8.4%. At the same time, production of groats and coarse flour from oats, corn, rice, rye and barley increased by 13.7%.…

Latvia: retail trade up in June 2020

In June, retail trade size in Latvia, when compared to the same month of 2019, increased by 4.6%, which was higher than the average in the European Union, according to data compiled and published by Eurostat for 24 member states. When compared to the same month of 2019, a more rapid retail trade growth was…

Ukraine: electricity imports down in H1 2020

In January-June, Ukraine’s electricity imports decreased 30-fold YoY, while exports – 6.8-fold. “Electricity imports in the first half of 2020 decreased from 560 million kWh to 18.9 million kWh. Electricity exports in January-March increased monthly by about 5%. However, the volume of exports fell sharply in April and decreased 6.8-fold as of the end of…