According to Statistics Estonia (Statistikaamet), the consumer price index for October dropped by 0.5% MoM and by 1.5% YoY. Statistics Estonia analyst Viktoria Trasanov said that compared to October 2019, the consumer price index was affected the most by price decreases of motor fuel and plane tickets. “Diesel fuel prices dropped by 28.3% and gasoline…
In January-October, local budgets of Zakarpattia region received more than UAH 5 million in tourist tax payments, down by 20% YoY. “In 10 months, local budgets of Zakarpattia region received UAH 5.1 million in tourist tax payments, down by 19.7%,” the Tourism and Resorts Department of Zakarpattia Regional State Administration reported on Facebook. (Ukrinform/Business World…
Prime Minister Juri Ratas and representatives of startups discussed foreign workers, how they should be welcome in Estonia and labor legislation. Ratas (Center) said startups and the IT sector more broadly had enormous growth potential and a focus on offering high value-added products. “As almost a quarter of the staff in this sector are foreigners,…
Compared to September 2019, manufacturing production output according to calendar adjusted data at constant prices decreased by 0.6% in September 2020. Production output decreased in electricity and gas supply by 22.7%, with a significant decrease in the volume of electricity produced in combined heat and power plants (CHP) and gas supply to consumers. In turn,…
The Kazakh delegation led by Roman Sklyar, Deputy Prime Minister, paid an official visit to Uzbekistan. The delegation met with Uzbekistan PM Abdulla Aripov, first Deputy PM Achilbay Ramatov, Deputy Prime Minister, Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov. The parties reached agreements on efficient bilateral cooperation. They stated…
Governor of the Bank of Estonia Madis Muller said one of Estonia’s largest fiscal challenges in recovering from the coronavirus economical crisis was the allocation of EUR 1.5 billion in European Union support measures between investment objects. Estonia is set to receive more than EUR 1.5 billion in funds from the European Union recovery fund,…
The State Customs Service of Ukraine transferred UAH 36.35 billion in revenues from customs payments to the state budget in October, according to the agency’s website. “In October, the State Customs Service fulfilled the revenue plan by 98.4% and transferred UAH 36.35 billion to the state budget (the plan for October amounted to UAH 36.93…