Industrial production in Ukraine in July declined by 2.6% YoY, against a 3.8% rise in June and a 1.2% rise in May, the State Statistics Service of Ukraine has said. The authority said that this was linked to a decline in mining and quarry development industry by 9.4%, a 10.2% decrease in the supply of…
The current market situation shows that Latvia should speed up its education reform and think about attracting additional human resources from other countries, said Latvian Finance Minister Dana Reizniece-Ozola. “We have a number of problems. We see unemployment is in decline, dropping to 7.2% in the past three years, whereas the number of employed people…
On August 22, Ukraine and Israel will hold the tenth meeting of the joint Ukrainian-Israeli Commission on Trade and Economic Cooperation in Kyiv. This was reported by the press service of the Foreign Ministry of Ukraine. “The tenth meeting of the joint Ukrainian-Israeli Commission on Trade and Economic Cooperation will be held in Kyiv on…
Next year’s fiscal space has been estimated at EUR 60 million, as noted by Finance Minister Dana Reizniece-Ozola, adding that a more precise estimate will be available at the end of August. In July, the minister predicted the country’s fiscal space might be slightly above EUR 80 million. She promised to provide precise numbers in…
Since Q2 2016, the employment rate in Latvia has increased by 0.8%. In Q2 Latvian employment rate (62.6%) was the highest recorded since Q2 2008 (63.1%). In Q2 in Latvia there were 891.7 thousand employed persons aged 15-74. Compared to the previous quarter, in Q2 the employment rate rose by 1%, while the number of…
Ukraine’s GDP growth by 2.4% in the second quarter is not enough, Prime Minister Volodymyr Groysman said during a conference meeting in the city of Dnipro. “In the second quarter, there was a 2.4% GDP growth. That is, the economy is growing, but this is not enough for us, our task is to increase this…
Prime Minister of Ukraine Volodymyr Groysman says that the development of industry’s potential is the basis for Ukraine’s economic growth. Groysman also noted ArcelorMittal Company as an example of large-scale infrastructure development. “At Yuzhny seaport, ArcelorMittal opened a new transshipment complex for blue re-bar. Due to record short construction terms and attracted $4.5 million in…