Lithuania will be prepared if Moscow carries out its threats to disconnect the Baltic countries from the common electricity system with Belarus and Russia (BRELL), President Gitanas Nauseda has said. A member of the Russian State Duma on June 22 hinted at such a possibility as a retaliatory measure in response to Lithuania restricting the…
Polish shipbuilding industry officials are willing to set up cooperation with counterparts in Ukraine to restore the latter’s merchant fleet. Tadeusz Kopowski, chief of the Crist shipbuilding company, spoke about this in the framework of the Ukrainian-Polish Entrepreneurship Forum in Warsaw. “Poland’s shipbuilding industry proposes to create permanent Polish-Ukrainian working groups, in which we would…
The British consulting company Skytrax presented the winners of the World’s Best Airports 2022 according to a passenger survey. The top ten include airports of Batumi, Budapest, Tallinn, Bucharest, Riga, Tbilisi, Boryspil, Belgrade, Bratislava and Zagreb. Skytrax is a famous British consulting company that has been evaluating and studying the quality of services at airports…
Since the full-scale Russian invasion of Ukraine and as of June 15, the total amount of assistance declared and provided to the country by international partners has been $30 billion. That’s according to the June financial stability report by the National Bank of Ukraine. “Ukraine’s partners also provide significant amounts of financial support directly to…
Steel transit to Kaliningrad made up only an insignificant share of freight shipments by Lithuanian Railways (LTG), Transport Minister Marius Skuodis said on June 22. The ban of the rail transit of steel and other ferrous metals between Russia and its exclave of Kaliningrad via Lithuania has been factored into the overall impact of EU…
Fees paid by small and medium-sized businesses for card transactions could be capped. An initiative to amend the legislation in this regard was examined on June 22 by the parliamentary committee on economy, budget and finance. The project was worked out by members of the Action and Solidarity Party parliamentary faction, Dumitru Alaiba, Dan Perciun…
Poland’s retail sales increased in real terms by 8.2% YoY, but fell by 1.7% MoM in May, the Central Statistical Office said on June 22. Economists expected May’s retail sales to grow in real terms by 8.1% YoY and drop by 0.1% MoM. In current prices, retail sales increased by 23.6% YoY in May against…