Ukraine: GDP down in January-May 2020

Ukraine’s gross domestic product (GDP) decreased by 5.9% YoY in January-May, according to the latest Economic Activity Report released by the Ministry for Development of Economy, Trade and Agriculture. In particular, the reduction of ISP (consolidated index of goods and services production by main economic activities) totaled 7.3% (a 6.7% decline in January-April) and respectively…

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Estonia: exports and imports down in May 2020

Exports and imports in Estonia both declined by a quarter YoY in May, government agency Statistics Estonia reported. Imports from China did however rise slightly, driven mainly by consignments of personal protective equipment from the country during the coronavirus pandemic. Evelin Puura, leading analyst at Statistics Estonia, said trade decreased the most with EU Member…

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Ukraine: Cabinet of Ministers channels UAH 1.7 billion into socio-economic development of regions

The Cabinet of Ministers has channeled almost UAH 1.7 billion in subventions from the state budget into the socio-economic development of the regions. “The government endorsed a decision to allocate almost UAH 1.7 billion within the program of socio-economic development of the regions. These funds will be allocated to meet the needs of the people,…

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