Gross Domestic Product (GDP) fell by 6.9% YoY in the second quarter of 2020, according to the state agency Statistics Estonia. GDP at current prices stood at EUR 6.4 billion. Robert Muursepp, leading analyst at Statistics Estonia, says most economic activities experienced an economic downturn as a result of the emergency situation. “Accommodation and food…
President of Ukraine Volodymyr Zelensky has signed a law on raising the minimum wage in Ukraine, approved by the Verkhovna Rada at an extraordinary meeting on August 25, according to the president’s website. The document provides for an increase in the minimum monthly wage and its establishment at the level of UAH 5,000 from September…
Kirovohrad region has a strong potential and should develop the transport sector, food industry, mechanical engineering, instrument engineering, IT, as well as land resources. “Kirovohrad region has a favorable geographical location and, therefore, good transport potential. It has very fertile lands and mineral resources, has a future in the food industry, mechanical engineering, instrument engineering…
Compared to July 2019, total retail trade turnover rose by 3.8% in July 2020. Turnover of retail trade in food products grew by 1.7%. Retail trade in non-food products (except for retail sale of automotive fuel) increased by 4.4% and turnover of retail sale of automotive fuel – by 6.8%. The most notable turnover growth…
33 families received keys to their new apartments in Atyrau city on the eve of the Constitution Day. Most of the families are families with many children who have been waiting to move into their new dwellings since 2013. All the apartments are located in a new residential complex in Nursaya micro-district and have been…
Testing of the digital trade route from Estonia to Poland starts, during which the Estonian Tax and Customs Board and the Police and Border Guard Board will try to use real-time document management systems to reduce paperwork in the logistics sector in the future. During testing, it will no longer be necessary to stop the…
President Volodymyr Zelensky has stated that more than UAH 80 billion will be invested in the repairs, construction and reconstruction of infrastructure facilities in Ukraine this year. “Overall, more than UAH 80 billion is being invested in infrastructure projects this year,” he said at a meeting with media representatives in Kirovohrad region. The president added…