Increasing the price of a trip in municipal public transport is necessary to avoid the bankruptcy of municipal passenger transport companies. The mayor of Chisinau, Ion Ceban, argued economically the proposal to increase the tariff for a trip in municipal public transport, stating that this was done to avoid the bankruptcy of the Urban Bus…
Lithuania has applied to open a trade office in Taiwan, Taipei Times has reported. The Taiwanese Foreign Ministry announced Lithuania’s application on March 26 and said it would provide the country with the necessary assistance in opening the representative office. Economy and Innovation Minister Ausrine Armonaite said Lithuania was ready to open its office in…
On March 21-27, the revenues of the Customs Service to the state budget amounted to about 676.9 million lei, with over 23.7% more than the planned amount. During the reference period, individuals brought to the country goods the customs value of which exceeded the non-taxable limit, and payments were collected amounting to over 12.8 million…
Gas Transmission System Operator of Ukraine (Gas TSO of Ukraine) has proposed that Europe gradually impose an embargo on the use of the Nord Stream 1 natural gas pipeline, Gas TSO of Ukraine Director-General Serhii Makogon has said. “Our suggestion for the de-Putinization of the Nord Stream 1 and de-Putinization of Europe is the gradual…
The Ministry of Infrastructure has sent a letter to the European Commission proposing that the EU completely block transport connections with Russia and Belarus. “Despite the restrictive measures already in place, Russian businesses are finding workarounds and continuing to operate in other countries. Accordingly, the existing sanctions fail to fully achieve their goal. In this…
The Estonian Association of Construction Entrepreneurs has sent a letter to the Ministry of Finance in which it threatens to terminate public sector construction contracts signed before Russia’s invasion of Ukraine, if the state is not willing to pay more for ongoing projects. The address suggests current material prices make it impossible to finish the…
Commercial banks in Georgia loaned 43.25 billion GEL ($13 billion or EUR 12 billion) and received deposits of 37.63 billion GEL ($11 billion or EUR 10 billion) in February, the National Bank of Georgia (NBG) reported. The volume of loans has increased by 1.09 billion GEL (2.58%) MoM. The number of deposits increased by 856.15…