Ukraine: foreign investors help to increase exports

The positive dynamics of Ukrainian exports growth is largely triggered by the attraction of foreign investment in the production located in Ukraine. “Attraction of investments in Ukrainian production is one of the factors in growing exports as the investors, apart from establishing production and putting money in modernization of enterprises, also attract their distribution networks,…

Belarus: gold and forex reserves at $6.94 billion

According to the preliminary data, Belarus’ gold and foreign exchange reserves totaled $6.94 billion as of June 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ international reserve assets made up $6.939 billion as of June 1. In May the country’s…

Lithuania: more EU money to be attracted

Lithuania’s government will try to negotiate more of EU cohesion support for regional development after the European Commission suggested cutting such support by 13% in the new budget, Vice Minister of Finance Migle Tuskiene says. In her words, Lithuania will try to negotiate with other EU member states and the European Parliament for the support…

Estonia: unemployment up in April 2018

Estonia was the only country in the EU in which unemployment grew in April, increasing from 5.3% to 5.6%. Overall unemployment in the EU remained at 7.1% compared to March and fell by 0.7% compared to April 2017, it can be seen from data released by Eurostat. In the eurozone, employment decreased by 0.1% MoM…