The consumer price index in June increased by 1.2% MoM and by 3.8% YoY, data from Statistics Estonia showed. Goods were 3.1% and services 5% more expensive than in June last year. Viktoria Trasanov, an analyst at Statistics Estonia, said that compared to June 2020, the consumer price index was again influenced the most by…
The current state of bilateral cooperation between Ukraine and Denmark, the conditions of export-import operations and promising areas of the partnership were discussed during a meeting by Head of the State Service of Ukraine on Food Safety and Consumer Protection Vladyslava Magaletska and Ambassador Extraordinary and Plenipotentiary of the Kingdom of Denmark Ole Egberg Mikkelsen.…
In June, Ukraine’s international reserves grew by 2%, to $28.358 billion (in equivalent), according to the press service of the National Bank of Ukraine (NBU). “As of July 1, Ukraine’s international reserves amounted to $28,357.7 million (in equivalent) according to preliminary data. In June, Ukraine’s reserves grew by 2% due to foreign exchange earnings in…
Economy Minister Natia Turnava has presented a 10-year economic development strategy, which covers 12 major areas, ranging from small business empowerment and investment attraction to specific development policies and quantitative indicators in each key area that the country should achieve until 2025 and 2030. “Our main task in the near and medium-term will be to…
In Latvia, the government coalition has expressed support to holding lotteries of money prizes to people vaccinated against Covid-19 with the aim of motivating people to vaccinate. Health Minister Daniels Pavluts (For Development/For) announced the idea on July 5. “Lotteries or social motivation programs with the elements of a game and positive motivation are carried…
Lithuanian employers complain that they cannot fill vacancies, putting the blame on unemployment benefits introduced during the pandemic. Meanwhile, worker representatives say employers are simply unwilling to offer attractive work conditions and pay. The Lithuanian government has introduced the monthly “jobseeker’s allowance” of 212 euros to help the unemployed survive the quarantine. The government has…
Analysts of the Eurasian Development Bank (EDB) have assessed the consequences of Uzbekistan’s possible accession to the Eurasian Economic Union (EAEU). According to their forecast, this would allow Tashkent significantly increasing the inflow of infrastructure investments and money transfers, expanding exports and strengthening industrial cooperation. The EAEU itself would also benefit from the expansion. They…