Compulsory minimal state social insurance contributions should be paid by all Latvian citizens, because everyone should be socially protected independently regardless of their sector of employment, said Culture Minister Nauris Puntulis. When asked about a comment on culture industry’s workers’ arguments that minimal social contributions would not guarantee financially secured retirement anyway, the minister said…
Minister of Economic Affairs and Infrastructure Taavi Aasa (Center) said the railway line from Haapsalu to Rohukula in western Estonia could be completed until 2026. It will cost an estimated EUR 100 million to complete. Eesti Raudtee has announced the design procurement of the next section of the Haapsalu railway from Turba to Ellamaa. The…
As of the end of August, Kazakhstan’s international reserves have hit $94.1 billion. According to the preliminary data, the country’s international reserves including the National Fund’s assets stand at $94.1 billion. The National Bank’s international reserves have increased by $22 million in one month and totaled $35.4 billion. The preliminary data showed that the National…
Consumer inflation in Ukraine in August decreased by 0.2% MoM, according to the State Statistics Service. Consumer prices in August decreased by 0.2% compared to July, but increased by 1.2% compared to December 2019 and by 2.5% compared to August 2019. In general, in January-August, prices on the consumer market rose by 2.4% YoY. Core…
Infrastructure Minister Vladyslav Kryklii says the construction of a new airport in Zakarpattia region provides for up to UAH 4 billion ($144.1 million) in investment, while the runway will be built at the expense of the state and the terminal – for private investor’s money. “The Cabinet of Ministers made a decision to allocate UAH…
In July, the foreign trade turnover of Latvia amounted to EUR 2.38 billion, down by 3.5% YoY at current prices was 3.5%, of which the exports value of goods dropped by 0.3%, and imports value of goods – by 5.9%. Latvia exported goods in the amount of EUR 1.05 billion, but imported – in the…
While exports of goods fell by 1% YoY in July, a fall in re-exports was the main factor in the decline, and exports of goods of Estonian origin actually grew, state agency Statistics Estonia said. Imports fell by 6% over the same period, the agency said. The trade deficit fell by EUR 77 million, to…