When compared to the same period of the previous year, Latvia had a lower GDP than the average in the European Union in Q4 2019, according to data published by Eurostat for 20 of the union’s countries. According to seasonally adjusted data, Latvia’s GDP increased by 1% in Q4 2019. A more rapid economic growth…
The government has already begun to assess the impact of the coronavirus epidemic on the Ukrainian economy, Prime Minister Oleksiy Honcharuk has said. “Speaking about the coronavirus, I am quite sure that this factor must be assessed, and we are already doing it. The question is different: no one in the world can say how…
The state-run enterprise Energoatom, the operator of Ukraine-based nuclear power plants, generated 7.825 billion kWh of electricity in January, up by 126.6 million kWh, or by 1.6% from the target set for the period. Over the period under review, Energoatom’s power plants sold 7.375 billion kWh of electricity, up by 149.1 million kWh. The plan…
The Freeport of Riga Authority has completed reconstruction of the FG levee, an embankment built to protect the main waterway. It is located in the territory of the Freeport of Riga, on the left bank of the River Daugava, and stretches over a total distance of 1.51 km. The FG levee was built from 1889…
Georgian wine producers participated in the international wine fair VinExpo 2020 in the capital of France, Paris. Chairman of the National Wine Agency Levan Mekhuzla said that showcasing Georgian wines at such exhibitions was crucial for finding new trading partners. “The National Wine Agency continues to support the private sector in order to present Georgian…
Residents of Tallinn have rejected mayor Mihhail Kolvart’s proposal to limit driving speed within city limits to 40 km/h, forcing the municipality to look for other ways to control road traffic speed. The proposal to limit driving speed in Tallinn to 40 km/h was presented in autumn 2019. The idea was justified with how several…
The shortcomings of macroeconomic forecasting, in particular regarding the hryvnia exchange rate, led the state budget falling short of UAH 2.3 billion ($94 million) in January, said head of the Accounts Chamber of Ukraine, Valeriy Patskan. “The actual hryvnia exchange rate in January on average amounted to UAH 24.1 to the dollar, while budget revenue…