Georgian officials met World Bank Group representatives on August 25 to discuss current and future projects, as the parties were marking 30 years of partnership this year, the Ministry of Finance said. The meeting involved Finance Minister Lasha Khutsishvili with Sebastian Molineus, the World Bank Regional Director in the South Caucasus, and Miguel Eduardo Sanchez…
The minimum monthly wage should rise to 800 euros next year, Economy Minister Ausrine Armonaite says. At the same time, the tax-exempt income threshold should go up to 740 euros, she believes, splitting the burden of raising workers’ incomes between the government and employers. “We are basically proposing that the pre-tax minimum monthly wage could…
More than 80% of enterprises have returned to operations in Ukraine, the Prime Minister of Ukraine Denys Shmyhal has said. “Credit, tax and regulatory incentives, along with other point aid, made it possible to sustain our economic front. As a result, more than 80% of enterprises have now returned to work,” the prime minister said.…
The average monthly salary (gross nominal) in 2021 was 8,979.8 lei, up by 13.1% YoY. According to the National Bureau of Statistics, the average monthly salary (nominal net) was 7634.8 lei, up by 15.4%. The number of employees late last year was 739.6 thousand people, up by 0.1%. The highest values of the average gross…
Poland’s unemployment rate was at the level of 4.9% in July, the same as in the previous month, the Central Statistical Office (GUS) reported on August 24. The number of registered unemployed measured 818,200 in July against 818,00 in June, GUS also said. Earlier, the Family and Social Policy Ministry estimated July’s unemployment at 4.9%.…
Over 50% Poles are worried that there will be shortages in shops, a new survey shows. According to the consumer sentiment poll conducted by UCE Research and the Blix Group, over half of Poles fear that rampant inflation and the war in Ukraine could lead to shortages. In contrast one-third of those surveyed were not…
A poll of economy experts and public figures has ranked Nerijus Maciulis, a chief economist at Swedbank, as the most influential person in Lithuania’s business. The ranking was published by Delfi.lt on August 24. Vidmantas Janulevicius, president of the Lithuanian Confederation of Industrialists, comes in second in the poll, followed by Arvydas Avulis, a businessman…