The Republic of Korea can contribute to the reconstruction of Ukraine after the end of the war. “In particular, to rebuild the destroyed infrastructure. We will also adopt the Korean experience of industrial modernization, which is extremely relevant for us today. I discussed these topics with Na Kyung-won, the representative of the Office of the…
The parliament, at a meeting on May 26, adopted measures of backing the low-income employees from the public sector units. Thus, the MPs amended the law on the single salary payment system in the public sector, in order to increase the volume of compensatory payment from 3,100 to 3,500 lei. Therefore, the employees from the…
Around 110,000 people in Lithuania, or 3.9% of the population, lived below the absolute poverty line last year, the country’s statistics office said on May 26. This is down from 140,000 people, or 5.1% of the population, in 2020. Last year, the absolute poverty threshold was defined as living on monthly income of less than…
Inflation in Poland should start to fall in late 2022, provided that the war in Ukraine ends, a deputy finance minister has said. Poland is now battling rising inflation. According to the Central Statistical Office (GUS), prices of consumer goods and services (Consumer Price Index, CPI) in Poland increased by 12.4% YoY and by 2%…
The Georgian Government will spend GEL 32 billion (about $11 billion or EUR 10 billion) over the next 10 years in developing infrastructure and raising living standards of citizens, Irakli Karseladze, the Minister of Regional Development and Infrastructure, has said. Speaking in the Minister’s Hour format at the Georgian Parliament, Karseladze said the construction of…
In January-March, Latvian unemployment rate constituted 7.3%. Over the quarter unemployment rate grew by 0.2%, while over the year it fell by 0.8%. In Q1, there were 68 thousand unemployed persons aged 15-74 (inclusive), down by 6.7 thousand YoY, but up by 1.5 thousand QoQ, according to data of the Labour Force Survey (LFS) conducted…
Managers of Belarusian state-owned sanatorium Belorusija and Russian state-owned sanatorium Jantarnij bereg in Jurmala have been blacklisted by Latvian authorities. Latvian State Security Service (VDD) confirms that Russian citizen Viktor Danilohs and Belarusian citizen Aleksandr Gruzdov have been in focus of the service for a long time for activities that may serve Russian state interests…