In the second quarter of 2020, the average monthly gross wage and salary was EUR 1,433, up by 1% YoY, data from statistics Estonia showed. The year-on-year growth has not been as modest for ten years. In the second quarter of 2020 the average monthly gross wages and salaries were the highest in Harju County…Details
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The foreign ministers of Ukraine and the Republic of Kenya, Dmytro Kuleba and Raychelle Omamo, agreed to intensify trade and investment cooperation between the countries. The two ministers had a phone conversation on August 27, according to the Foreign Ministry’s press service. “The interlocutors dwelled on the prospects of trade cooperation. Kuleba assured that the…Details
Prices of foodstuff in Ukraine changed in August, in particular, prices of meat and sausages went up, while those of vegetables from Ukraine’s so-called “borsch set” and certain cereals went down. Onions in August fell in price by 15% YoY and by 8% MoM, to UAH 7.50 ($0.27) per kilogram, according to data from the…Details
Competition Council (KP) promises to follow possible competition restrictions that could follow after the change of the management model of Lieapaja special economic zone (Liepaja SEZ), as explained in the letter sent by KP to Liepaja Port Tenants Association. At the beginning of August Liepaja Port Tenants Association “categorically objected” to Transport Ministry’s developed amendments…Details
About 30.54 billion GEL ($9.92 billion or EUR 8.38 billion) was deposited in Georgian banks in July, up by 6.16% MoM, showed the latest data by the National Bank of Georgia (NBG). In the same time period, Georgian banks lent 34.49 billion GEL ($11.2 billion or EUR 9.47 billion), up by 2.05%. The sum of…Details
Construction firms’ total production fell by 8% YoY in April-June, state agency Statistics Estonia reported. At the same time, the volume of residential buildings completed rose. The figures include construction by Estonian companies abroad, taking the home market alone, construction volume fell by 5%, Statistics Estonia said. The production value for construction enterprises totaled EUR…Details
The decline in Ukraine’s industrial output in July slowed down to 4.2% YoY after sliding by 5.6% in June, the State Statistics Service reported. Taking into account the adjustment for the calendar-day effect, it fell by 4.4%, the stats agency said in its recent report. Compared to the previous month, industrial production in July increased…Details