Economy
Lviv is one of the largest cities in Ukraine and is growing rapidly. According to the Ministry of Economy of Ukraine the average salary in the Lviv Oblast is a little less than the average for Ukraine which in December 2007 was about 1616 UAH. In 2006 Ukraine's economic freedom was rated at 3.24 (where a rating 1.0 is "freer" than a rating 5.0). According to the World Bank classification Lviv is a lower middle-income city. There are many restaurants and shops as well as street vendors of food, books, clothes, traditional cultural items and tourist gifts. Banking and money trading are an important part of the economy of Lviv with many banks and exchange offices throughout the city.
Lviv Airlines has its head office on the grounds of Lviv Airport.
Read more about this topic: Lviv
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)