Ukraine: average pension grows to UAH 3,400

Social Policy Minster Maryna Lazebna states that the average pension in Ukraine has increased to UAH 3,400. “According to the results of all these programs, the average pension income in the country has already increased to UAH 3,400,” she said at a briefing. In particular, 10.6 million pensioners and recipients of social benefits, who received…

Latvia: consumer prices down in May 2020

When compared to May 2019, consumer prices in Latvia declined by 0.9%, putting the country among 14 European Union member states where deflation was found in this period of time, according to information published by Eurostat. Identical deflation to Latvia’s was observed in Spain. Deflation was higher in Estonia (-1.8%), Luxembourg (-1.6%), as well as…

Estonia: over EUR 5 billion to be borrowed

The Estonian state needs an estimated EUR 3.87 billion for 2020 and a further EUR 1.2 billion for 2021, the treasury (Riigikassa) has announced, following an outline of changes on how the state’s cash-flow will be managed going forward and in the wake of the coronavirus pandemic and its economic fallout. The debt requirements of…

Ukraine: meat production up in January-May 2020

Meat production in Ukraine in January-May totaled 1.4 million tons (in live weight), up by 1% YoY. In particular, enterprises increased meat production by 3.2%, while households reduced it by 3.3%, Ukraine’s State Statistics Service said. However, milk production in the country in January-May decreased by 3.6%, to 3.63 million tons. Egg production increased by…