Most of Ukrainians say they do not support Ukraine’s borrowing money from the International Monetary Fund (IMF), according to findings of a June poll conducted by Kyiv International Institute of Sociology (KIIS). Pollees were asked to share their opinion whether it was expedient for Ukraine to cooperate with the IMF, KIIS said. Thus, 61% of…
To alleviate the first needs in the areas of southwest of Ukraine struck by the largest flooding in the last 50 years, with several casualties and damage to hundreds of homes, the Ukrainian authorities activated the EU Civil Protection Mechanism. The European Commission is providing mapping services of the affected areas through the EU Copernicus…
The European Business Association (EBA) says 68% of companies in Ukraine have already fully or partially resumed work in their offices. “Some 68% of surveyed business representatives have already fully or partially returned to the office,” the EBA said on its website. Regarding the staff policy, 60% of the surveyed entrepreneurs plan to keep the…
Armenia’s economic activity index in January-May declined by 3.9% YoY, according to the data released by the National Statistical Committee. Industrial production volume grew by 2.4%. The volume of construction in January-May declined by 23.4%. The decline in trade turnover comprised 10.8% and that in the services field – 4.2%. In January-May, consumer price index…
The National Bank of Georgia (NBG) has cut the refinancing rate by 0.25%, to 8.25% in order to ensure price stability after monitoring developments in the economy and financial markets of Georgia. The NBG said that in May annual inflation stood at 6.5% and according to the NBG forecast, inflation would continue to gradually decline…
In May, actual unemployment rate in Latvia constituted 9.6%, up by 0.4% MoM. Unemployment rate registered by the State Employment Agency (SEA) accounted for 8.4%, up by 0.4%. Unemployment rate has also increased when compared to May 2019 – actual unemployment rate by 3.3% and registered by 2.3%, according to data from the Central Statistical…
The Cabinet of Ministers of Ukraine has approved a resolution according to which, starting from September 1 it will increase wages for health sector workers. “The wage of doctors is one of the lowest in Ukraine, which is unacceptable, especially in the conditions of a worsening epidemic. The draft act proposes, starting from July 1,…