On November 25, the Operational Management Group (OVG) reached a conceptual agreement to permit Christmas markets in spite of Covid-19 pandemic in Latvia, as confirmed by the Ministry of Economics. Although discussions between the Ministry of Economics and Ministry of Health continue on this topic, it is clear Christmas markets will be allowed to work…Details
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The three western Georgian cities of Kutaisi, Poti and Zugdidi will receive 30,000 euros each to develop a cultural development strategy with grants form EU4Culture. The Georgian cities were selected among a total of 14 non-capital cities and towns from five Eastern Partnership (EaP) countries: Armenia, Azerbaijan, Georgia, Moldova and Ukraine. At a final stage,…Details
Average monthly gross wages rose by 7.8% YoY in the third quarter of 2021, state agency Statistics Estonia reported, to EUR 1,553. Statistics Estonia analyst Argo Tarkiainen said that the growth had returned to pre-pandemic levels. He said: “Whereas last year the growth in wages and salaries was slower, this year it is once again…Details
Inflation in Kyrgyzstan will reach 9.8% at the end of 2021. The Eurasian Development Bank (EDB) made such a forecast. Pro-inflationary factors that appeared in mid-autumn would exert additional upward pressure on domestic prices in the Kyrgyz Republic in the remainder of 2021 and at the beginning of 2022. Higher-than-expected global growth of prices for…Details
In January-September, the trade turnover of agricultural goods between Ukraine and the European Union grew by 20% YoY, to $8.4 billion, declared the senior research associate of agricultural production economy and international integration department of the National scientific center “Institute of Agrarian Economics”, Bogdan Dukhnitskiy. In the reporting period, the Ukraine’s surplus increased to $2.4…Details
Some 1,135 loan agreements have been already signed for a total sum of UAH 987.06 million under the government program “Affordable Mortgage at 7%”, the Finance Ministry’s press service reports. “As of November 25, the authorized banks signed 1,135 loan agreements worth UAH 987.06 million under the government program “Affordable Mortgage at 7%”, both on…Details
Average labor income in Lithuania grew by 161 euros, or by 11.4% YoY in the third quarter, to 1,572 euros before tax, according to figures presented on November 25 by Lithuania’s Social Insurance Fund Board, Sodra. Meanwhile, labor income after tax increased by 95 euros, or by 10.5 %, to 998 euros. In August, average…Details