In May, the consumer price index increased by 0.9% MoM and by 3.6% YoY. Rising prices of motor fuel and electricity were behind the increase. Goods were 2.9% and services 4.4% more expensive than in May last year. Viktoria Trasanov, lead analyst at Statistics Estonia, said, compared to May 2020, the consumer price index was…
In January-May, Ukrainian exports grew by more than 25%, or almost $5 billion, Prime Minister Denys Shmyhal reported on Facebook. According to him, over this period, exports to China, the United States, Turkey and Great Britain increased by almost 50%. “The favorable external environment, as well as the expansion of the export geography through the…
The board of Riga Central Market – board chairman Artis Druvinieks and board member Kaspars Zauls – have stepped down. According to Riga City Council’s Communication Office, officials have informed Riga city CEO and shareholders in the company Janis Lange of their decision. Lange said Riga Central Market needed a new and capable management that…
The Verkhovna Rada on June 3 adopted at the second reading and in general a draft law on amendments to the Tax Code to introduce value-added tax on digital services provided by global tech giants. The bill No. 4184 saw support of 283 people’s deputies with the required minimum of 226 votes. The memo to…
“It is necessary to withdraw the new versions of the Criminal and Criminal Procedure Codes,” Askar Sydykov, Executive Director of the International Business Council (IBC), has declared. According to him, there are many complaints from business regarding the measure of restraint, investigative actions and other violations. But business does not see support from the state.…
According to Uzbekistan’s Central Bank, interest rates on loans in the country have decreased compared to 2020. The average rate on loans in the national currency since the beginning of the year has remained in the range of 20-21%, while in April it was 21.3%. At the same time, the average rate in 2020 was…
Ukrainian communities are competing for investors for economic development due to the implementation of the decentralization reform, Prime Minister Denys Shmyhal said at the international investment forum “UkraineInvest Talks: Dnipro” in Dnipro on May 27. “Communities have started fighting for investors, and that’s very good, because community leaders who understand their responsibility for the future…