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Tag Archives: economy

Ukraine: draft budget for 2021 projects 27 billion for culture development

UkraineBy admin2020-11-23Leave a comment

The consolidated state budget for 2021 projects about UAH 27 billion to finance culture development. “The sphere of culture development is a priority of the state as evidenced by the funds laid down in the country’s budget,” Minister of Finance of Ukraine Serhiy Marchenko said. “Let’s compare the expenditures on culture in 2020 and 2016.…

Ukraine: government to present business support program in coming days

UkraineBy admin2020-11-20Leave a comment

Ukrainian President Volodymyr Zelensky has instructed the government to develop a comprehensive program of measures to support small and medium-sized businesses during a lockdown. The head of state said this in a vlog posted on his Facebook page. “I instructed the government to develop a very important program of measures in the coming days, which…

Estonia: state budget bill passes second reading

EstoniaBy admin2020-11-20Leave a comment

The 2021 state budget bill has passed its second reading at the Riigikogu. The bill puts state budget expenditures at EUR 13 billion and revenues at EUR 11 billion and is based also on Ministry of Finance forecasts for Estonia’s GDP to rise by 4.5% in 2021, having been projected to fall by 5.5% this…

Ukraine: Foreign Ministry working to increase trade with Uzbekistan

Ukraine, UzbekistanBy admin2020-11-19Leave a comment

The Ministry of Foreign Affairs of Ukraine hosted negotiations between Uzbek Republican Commodity Exchange (UzEX) delegation and Ukrainian agricultural producers of sugar, sunflower oil, flour, grain, meat and other goods in order to discuss supplies to the Republic of Uzbekistan. Deputy Foreign Minister of Ukraine Dmytro Senik took part in the meeting organized within the…

Estonia: supermarkets better prepared for COVID-19 second wave

EstoniaBy admin2020-11-18Leave a comment

Representatives of supermarket chains confirmed that they were better prepared for the second wave of COVID-19 when it comes to disinfectants and personal protective equipment (PPE). At the same time, people are more relaxed and do not hoard provisions as in spring. Searching for disinfectants in spring led many people on a tour of Estonian…

Latvia: self-employed paid less than minimal wage to pay proportionally less taxes

LatviaBy admin2020-11-18Leave a comment

Self-employed persons in Latvia who are paid less than minimal wage will pay taxes proportionate to 10% of their earnings starting next year, as agreed by parties of the ruling coalition. Prime Minister Krisjanis Karins said after meeting with parties of the government that on November 16 it was possible to resolve the remaining matters…

Uzbekistan: parliament discusses state program of foreign policy

UzbekistanBy admin2020-11-18Leave a comment

Execution of tasks and assignments identified in the priority areas of the State Program in the field of foreign policy was discussed at a meeting of the Senate Committee of the Oliy Majlis (Supreme Assembly) of Uzbekistan. A meeting of the Senate Committee of Uzbekistan’s Supreme Assembly on international relations, foreign economic relations, foreign investment,…

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