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 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…
Wage debts in Ukraine in April increased by 2.1% MoM, to UAH 2.474 billion, or $94.7 million, as of May 1. Delayed wages have grown by 4.4% since the beginning of the year, the State Statistics Service of Ukraine has said. Debts owed to employees of operating enterprises as of May 1, amounted to UAH…
Revenues of the Pension Fund of Ukraine in the first quarter of 2018 grew by 32.2% YoY, amounting to UAH 44.261 billion. “The income of the Pension Fund of Ukraine totaled UAH 44.261 billion over the three months of 2018. Compared to the relevant period in 2017, revenues grew by UAH 10.785 billion, or by…
About 82% of financing approved by international development banks in the first quarter of this year for Tajikistan falls on the Asian Development Bank (ADB). “In Tajikistan the bulk of investments are accounted for the ADB’s $90 million loan in the transport sector,” according to the international development banks’ investment review for the first quarter…
Ukraine’s state and publicly guaranteed debt in April declined in dollar equivalent by $0.32 billion, or by 0.4%, to $77.05 billion as of April 30. The debt in the hryvnia equivalent over the period under review decreased by UAH 32.62 billion, or by 1.6%, to UAH 2.021 trillion, according to the Ukrainian Finance Ministry’s website.…
The International Monetary Fund (IMF) finds that the outlook for the Estonian economy is positive and growth will continue at close to 3.5% in the medium term, but noted that the biggest threat to this outlook was wage pressure not accompanied by growth in productivity. According to the IMF, external risks for Estonia are balanced…