In January, the State Property Fund of Ukraine held 17 successful auctions for a total amount of UAH 440.96 million, of which UAH 286.03 million had already been transferred to the budget. The total amount of privatization proceeds was 42 times higher than in January 2021. The average number of auction participants also increased from…
Georgia exported 5.3 million bottles of wine to 35 countries in January, up by 51% YoY, the Ministry of Agriculture and Environmental Protection announced on February 8. The exports generated $11.6 million from the sale of wine abroad in January, marking an increase of 43%, according to data from the state body. The volume of…
In recent months a very dangerous trend has been observed with Latvia’s dairy industry. Since September 2021 there has been a clear difference between the highest and lowest milk procurement price for dairy farmers and milk producers, as reported by the chairman of the board of Association of Agricultural Statutory Societies Kaspars Melnis. With reference…
Monetary payments to hard-pressed households, proposed by President Gitanas Nauseda in response to rising prices, may exacerbate inflation even further, according to Finance Minister Gintare Skaiste. “Such helicopter money could, in principle, make the inflationary mill spin even faster,” she said on February 8. “One should be very cautious about such measures, and I’d say…
Electric transport company in Chisinau is currently assembling 20 new trolleybuses, which will start operating in late February. The General Directorate of Transport and Communications announced that 20 new AKSM trolleybuses, manufactured at the Minsk plant and brought to Chisinau for assembly, were assembled in the repair shop of the above-mentioned utility. Vitalie Mihalache, the…
Rising fuel costs and wages are putting pressure on public transport operators in Estonia’s biggest cities. Tallinn plans to dip into its budget, but Tartu and Parnu may raise ticket prices. Tartu Deputy Mayor Raimond Tamm (Reform) said forecasts suggested an additional EUR 2 million might be needed to fund transport services. Last year EUR…
The United States supports Ukraine’s efforts to connect with the European electricity grid, U.S. Secretary of State Antony Blinken has said in Washington. “We’re also supporting Ukraine’s efforts to connect with the European electricity grid, an initiative to which we have contributed more than $138 million in recent years. Ukraine’s grid is now ready and…