The unemployment rate in Georgia increased by 2.5% in the third quarter of 2021 compared to the same period of last year, amounting to 19.5%, the National Statistics Office of Georgia (Geostat) reported. In urban areas, the unemployment rate grew by 1.9%, while in rural areas it increased by 3.5%. The economic activity rate, or…
In October, the electricity consumption limit was exceeded by 530 million kilowatt-hours, or by 10.4%, the National Energy Holding reported. Non-observance of the set limits can lead to “deep depletion” of the Toktogul reservoir and the introduction of restrictions on electricity consumption in the regions. To prevent this from happening, measures have been taken to…
Over the 2021 tourist season, tourist tax revenues in Mykolaiv region grew 2-fold YoY, from UAH 2.8 million to UAH 5.42 million, Tetiana Volynets, the head of the newly created Tourism and Resorts Department at the Mykolaiv Regional State Administration, said. “Tourist attractiveness of Mykolaiv region continues to grow, the dynamics of tourist tax revenues…
As of November 1, ten banks provided loans for a total sum of UAH 6.5 billion under state guarantees on a portfolio basis, the Finance Ministry’s press service reported. “As part of the support for micro-, small- and medium-sized businesses in Ukraine through the instrument of state guarantees on a portfolio basis, as of November…
Georgia ranks 29th of 194 counties in a Business Bribery Risk Index 2021, while in 2020 the country ranked 28th in the list, Trace International reported. The country risk score is calculated based on four domains: business interactions with government, anti-bribery deterrence and enforcement, government and civil service transparency and capacity for civil society oversight…
The Lithuanian Environment Ministry proposes to scrap the existing one-off vehicle registration levy and instead introduce an annual car pollution tax. The Environment Ministry says 54% of car owners in the country will have to pay up to 100 euros in the annual pollution tax that will be phased in until 2025. The ministry earlier…
In January-October, freight volume handled in the Port of Liepaja rose by 9.2% YoY, to 5.79 million tons. In the reporting period, handling of grain and cereal products rose by 2.6%, to 2.24 million tons, handling of anthracite – sank by 88.5%, to 28,800 tons, handling of building materials declined by 1%, to 637,900 tons,…