The speed limit on the planned Tallinn-Vaike bypass will be 50 km/h in the stretch that will pass through the residential district of Rae, southeast of Tallinn, city authorities say. “We have reached an agreement between the various parties, whereby the planned Tallinn-Vaike ring road will be 70 km/h, and 50 km/h in the residential…
As of June 19, the annual inflation rate fell to 6.1% after it reached the level of 8.6% in April, the National Bank of Kyrgyzstan reported. Weakening of domestic demand determines the downward dynamics of inflation in the country. The National Bank noted that the slowdown in inflation occurred mainly due to a decline in…
In May, the average nominal salary in Ukraine amounted to UAH 10,542, up by 3% YoY, according to the State Statistics Service. “The average nominal salary of a full-time employee of enterprises, institutions and organizations made up UAH 10,542 in May, up 2.2-fold from the minimum wage (UAH 4,723). The average nominal salary increased by…
JSC Ukrposhta, Ukraine’s state-owned postal operator, paid UAH 202.7 million in dividends for 2019, or 50% of the net profit of the joint-stock company for last year, according to Ukrposhta’s press service. The company stresses that this is the largest amount of contributions paid to the state budget since Ukrposhta’s establishment. “For the first time…
Passenger Transportation national company has informed of temporary cancellation of commercial Talgo trains in three directions. The suspended trains include Talgo train No. 19/20 heading from Nur-Sultan-Nurly zhol to Atyrau on July 1 and from Atyrau to Nur-Sultan on July 2; Talgo train No. 95/96 heading from Nur-Sultan-Nurly zhol to Uralsk on July 2 and…
At the beginning of June total tax debts in Latvia, including active, halted and extended debts, reached EUR 989.207 million, up by 3.6% MoM, according to data from the State Revenue Service (VID). The most rapid increase was observed for social insurance fee debts. Nevertheless, the growth rate has reduced in comparison with the previous…
The Board of the National Bank of Kyrgyzstan kept the discount rate (key rate) at 5%, website of the National Bank of the Kyrgyz Republic reported. The economy of Kyrgyzstan remains exposed to changes in the global and regional economies as the COVID-19 pandemic continues. Despite some signs of economic recovery in individual countries after…