Consumers bought fewer domestic products during the crisis and paid more attention to prices, the results of a new survey by pollster Kantar Emor showed. The head of the Estonian Food Industry Association Sirje Potisepp said that people had started to save money and this showed in their choice of cheaper food products. Describing customers…
Continuing to improve state support activities for residents, Latvia’s government approved amendments during a meeting on June 2, that provided for paying idleness assistance benefits to three groups of self-employed persons, as reported by Welfare Ministry. Amendments provide eligibility to receive idleness assistance benefits for certain self-employed persons. This benefit will be available to self-employed…
The Lithuanian government’s revenue is stabilizing after taking a hit from the coronavirus crisis, the finance minister said, even though it fell by 30% below target in May. “The situation is starting to stabilize here. By comparison, revenue collection in April was more than 32% lower than projected,” Vilius Sapoka reported. In May, the central…
“As part of the Employment Roadmap and other state programs, exclusive of Yenbek productive employment and mass entrepreneurship development state program, Kazakhstan created 196,400 workplaces,” Labor and Social Protection Minister Birzhan Nurymbetov told the Government meeting. According to him, 5,313 projects are being realized under the Employment Roadmap, 103,000 jobs have been created. 41,300 workplaces…
Ukraine’s national budget in January-May received UAH 381.75 billion ($14.2 billion) of revenues, down by UAH 50.256 billion ($1.88 billion) or 11.6% from the target, according to the website of the State Treasury Service of Ukraine. Revenues received for the specified period are 2.4% lower YoY. In May, the state budget received UAH 66.903 billion…
Economy Minister Natia Turnava said the economy was starting to reopen, as the government was successfully containing the spread of the coronavirus. Visiting a factory of electric heaters in Georgia’s western city of Kutaisi, Minister Turnava said particular attention was now being paid to companies, which had been established by foreign investors. Atlantic Georgia –…
Estimated real gross domestic product (GDP) declined by 16.6% YoY in April and by 3.6% in the first four months of 2020, showed the latest data from the National Statistics Office of Georgia (Geostat). In April estimated real growth compared to the same period of the previous year was negative in almost all activities. Growth…