Ukraine: Ivano-Frankivsk tourist tax revenues up in Q1 2020

In January-March, local budgets of Ivano-Frankivsk region received UAH 1.5 million in tourist tax revenues. Compared with the relevant period last year, the growth in revenues made up 38%, Vitaliy Perederko, the head of the tourism department of the international cooperation, eurointegration, tourism and investments department at the Ivano-Frankivsk Regional State Administration wrote on his…

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Georgia: 50 businesses to be inspected for employee labor and health safety

About 50 factories and businesses will undergo inspections in Georgia to check whether they are properly implementing the recommendations as regards the health and safety of employees amid the coronavirus outbreak, announces the Economy Minister of Georgia Natia Turnava. The government of Georgia suspended several economic activities in the country several days ago when it…

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Ukraine: energy watchdog approves regulations for distribution of interstate intersection capacity

Ukraine’s National Energy and Utilities Regulatory Commission (NEURC) has approved rules for restriction management and regulations for the distribution of interstate intersection capacity. The rules that govern the distribution of interstate section capacity for exports and imports of electricity provide for the operation of an auction office, whose functions will be performed by the state-owned…

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Estonia: electricity prices low

The ongoing effects of the coronavirus crisis have led to lower consumption of electricity and in turn, a glut in CO2 quota allowances. This has resulted in a fall in electricity prices, though the latter is largely caused by an increase in hydro-generated power, say energy sector spokespersons. The CO2 quota prices at the same…

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Ukraine: number of vacancies down

The number of vacancies in the Ukrainian labor market has decreased by 34% over the past two week of quarantine, the National Bank of Ukraine (NBU) has reported this in its weekly economic review. According to the report, during the second week of quarantine, the number of new vacancies continued to decline, although at a…

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