Wage arrears in Ukraine amounted to UAH 2.456 billion as of March 1, down by UAH 79.4 million compared to February 1, according to the State Statistics Service of Ukraine. More than a third of this sum are wage arrears in Donetsk and Luhansk regions – UAH 487 million and UAH 511 million respectively. Among…
According to information released by Statistics Estonia on March 29, the turnover of retail trade enterprises in February increased by 3% YoY at constant prices. In February the turnover of retail trade enterprises totaled EUR 495.9 million. The turnover of stores selling manufactured goods increased by 7% compared to February 2017. Turnover increased in five…
After a nearly seven-hour session, Riga City Council approved amendments to its budget plan that increased the city’s expenditures by EUR 42.38 million and the expected deficit to EUR 89.31 million. The opposition voted against changes. The largest increase of expenditures – EUR 36.28 million – came from the plan to realize last year’s unfinished…
Prime Minister of Ukraine Volodymyr Groysman stated that the Ukrainian economy grew by 2.5% in 2017. “Ukraine’s economy grew by 2.5% in 2017. When I became the prime minister, the main task of our government was to stop the decline. We did it and the Ukrainian economy began to grow. I understand that such indicators…
Latvian Prime Minister Maris Kucinskis’ managed Finance Sector’s Development Council supported initiative on prohibiting shell companies, as confirmed by the prime minister. “We have reached an agreement on prohibition of shell companies in Latvia,” said Kucinskis, adding that the government planned to review this matter on April 3, and the Saeima – on April 8.…
Armenia’s government debt decreased by 0.6% in February, official data reveals. According to information provided by the finance ministry, the country’s debt totaled $6.898 billion in January and dropped to $6.851 billion the next month. The foreign debt is down by 0.2% in the reporting period, decreasing from $4.963 billion in January to $4.950 in…
The macroeconomic situation in Ukraine remains unstable, vulnerability of the fiscal system in the past years has grown, World Bank Country Director for Belarus, Moldova and Ukraine Satu Kahkonen has said. She said that the vulnerability had increased in the past years, taking into account the fact that government’s expenses grew, as the government increased…