Macroeconomics

In 2016 there were 22 out of 28 European Union member states with official minimum wage set by the government. Update: Minimum Wages in European Union 2018 The most are receiving residents of…

There have been some positive improvements for raising the minimum wage in all three Baltic states (Estonia, Latvia, and Lithuania) in recent years. And there are more to come. In 2016 minimum wage…

My previous post about average salary in European Union for 2014 generated some buzz on social networks (Facebook, Reddit, Twitter) and on other websites, in total it has generated more than 15,000…

A year ago I created a blog post about minimum wages in European Union in 2014, that post generated a lot of views (more than 20,000 page views) and some buzz (got shared on Facebook, Reddit, and…

In past I have created many GDP reviews regarding former Soviet Union republics, but have never made future GDP forecast report yet. In this article that's exactly what I'm doing. Now, Soviet Union…

I have never been to Azerbaijan, but have heard a lot of it's plans to build a super expensive project of Khazar Islands and worlds highest tower - Azerbaijan, somewhere close to it's capital city…

According to Georgian National Tourism Administration in 2014 there was a total of  5 493 492 international travelers arriving to Georgia, what is a increase of 1.9% compared to previous year (2013…

The Baltic States, which include Estonia, Latvia, and Lithuania, have been recognized as one of the fastest-growing regions in the European Union. The region has experienced significant economic…

A time ago I measured what is the minimum government set wage in European Union (EU). It turned out - the most minimum wage is received in Luxembourg while the least in Romania. In today's article…

Today I red an article pointing out about average salary in Georgia. It was interesting finding for me to learn that average salary in Republic of Georgia in 2013 was about $442 or GEL 773.Turns out…