Estonia’s 2019 economic growth is forecast to fall below 3%, while rapid wage growth is expected to attract growing numbers of foreign labor, according to the latest economic forecast published by Luminor. “Estonia’s strong GDP growth of 3.9% in 2018 is expected to follow a general moderation trend evident in external markets, and fall below…
The state policy of Uzbekistan is aimed at the development of tourism so that this area in the future should become one of the drivers for the accelerated integrated development of the regions and their infrastructure. Tourism development should contribute to the solution of such major social and economic tasks as the creation of hundreds…
Ukraine’s exports of goods amounted to more than $4 billion in January, up by 9.2% YoY, the press service of the Economic Development and Trade Ministry wrote on Twitter. “The positive balance was $ 20.9 million,” the report says. As reported, Ukraine exported goods and services for a total sum of $57.1 billion in 2018,…
A Georgia-Japan business forum was held in Tokyo, where Georgian Prime Minister Mamuka Bakhtadze and Economy Minister Giorgi Kobulia introduced Japanese business society to Georgia’s investment climate and business opportunities. Bakhtadze said that Georgia was remarkably attractive for international investments. “Our market is fully open, our economy is liberal and our location is strategic”, said…
An auction for placement of 15 million manats worth mid-term bonds of Azerbaijan’s Ministry of Finance will be held at the Baku Stock Exchange (BSE) on March 19. Some 1.5 million securities at a par value of 100 manats each and a maturity period of 1,092 days will be put up for the auction. The…
Economic results of Kyrgyzstan’s development have been encouraging for the second month in a row. GDP is growing, as is the industry. But the prices, on the contrary, fell slightly. According to the National Statistical Committee of Kyrgyzstan, in January-February, Kyrgyzstan’s GDP amounted to 63,09.3 billion soms, up by 4.9% YoY. In February, the economic…
Latvian Interior Affairs Minister Sandis Girgens wants to increase wages for the “least paid people” employed in the interior affairs sector. For example, the plan is to equalize the wages of police cadets, which is currently EUR 450, to the lowest wage in the country’s National Armed Forces, which is EUR 520. At the same…