The government decided on March 19 to launch a EUR 2-billion package of measures to boost the economy and mitigate the effects of the crisis caused by the coronavirus, Prime Minister Juri Ratas (Center) said. “The members of the government gave their approval to a package of measures of EUR 2 billion, which represented nearly…
Georgia’s domestic exports (exports without re-exports) amounted to $526.3 million in January-February, up by 4.5% YoY, showed the preliminary data from the National Statistics Office of Georgia (Geostat). The share of domestic exports (export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing) in total…
The average wage in Ukraine in January amounted to UAH 9,581, according to the Pension Fund of Ukraine. “The average wage rate for January, totaling 9,581 hryvnias 38 kopecks, was approved, from which insurance contributions were paid and which, in accordance with the Law of Ukraine “On Compulsory State Pension Insurance”, was taken into consideration…
Several supermarket chains across Estonia have reduced their opening hours to help stop the spread of the coronavirus (COVID-19) and have introduced measures to limit the exposure of their staff. All Rimi stores across Estonia will be open from 10 a.m. to 9 p.m., the retailer has announced. “We have made the decision to reduce…
The National Bank of Ukraine (NBU) expects that cash foreign currency will arrive in Ukraine in the next few days, Deputy NBU Governor Oleg Churiy has stated at a briefing. “Cash delivery of foreign currency is expected in the coming days. If foreign currency is transferred to banks without the participation of the National Bank,…
Average monthly earnings in Georgia increased by 117.6 GEL ($39 or EUR 34.9) in the fourth quarter of 2019 compared to the same period of the previous year and amounted to 1,319.6 GEL ($438.1 or EUR 391.8), reported the National Statistics Office of Georgia (Geostat). The highest monthly earnings were observed in the following fields:…
Kazakhstan will introduce a ban on accrual of remuneration for more than 90 days delayed payments in regard with consumer loans of individuals. The ban will be introduced on accrual of interest for delays of more than 90 days on all unsecured consumer loans of individuals, said Madina Abylkasymova, chairwoman of the Agency for regulation…