Estonia: unemployment up in 2020

Unemployment rose 16,000 to 47,900, or by 6.8%, between 2019 and 2020, state agency Statistics Estonia reported, with short-term (less than half a year unemployed) joblessness making up the bulk of that figure. Labor force participation rate stood at 71.6%, while the employment rate was 66.7%. Katriin Polluaar, analyst at Statistics Estonia, said the majority…

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Ukraine: NBU to continue bringing banking legislation in line with EU laws

The National Bank of Ukraine (NBU) plans to continue bringing the Ukrainian banking legislation in line with the EU legislation and introducing best world practices, NBU Governor Kyrylo Shevchenko has written on Facebook. “The NBU welcomes the European Parliament’s resolution on the Implementation of the EU Association Agreement with Ukraine. This resolution was passed by…

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Ukraine: economic crisis passed through with minimum losses

Ukraine has passed through the economic crisis with minimum losses compared to other European countries, Ukrainian Prime Minister Denys Shmyhal has said during an online meeting with Director General of the Confederation of European Business Markus Beyrer and representatives of European companies during his working visit to Brussels. Shmyhal noted that according to investment companies,…

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