Ukraine: average salary up in January 2021

The average nominal salary of Ukrainians in January was 15% higher than the one they received in January 2020 and amounted to UAH 12,337, the State Statistics Service reported. The average nominal salary of a full-time employee of enterprises, institutions and organizations in January was UAH 12,337, or 2.1 times higher than the minimum wage…

Estonia: economy down in 2020

The Estonian economy shrank by 2.9% YoY in 2020, state agency Statistics Estonia reported, while gross domestic product (GDP) fell by 1.2% in the fourth quarter of 2020. The culprit was primarily the COVID-19 pandemic and its ensuing restrictions, though foreign trade actually fared well given the conditions. Manufacturing, trade, accommodation and food services were…