To ensure grid stability, Baltic system operators will cap the Estonia-Latvia transmission capacity below 1,000 megawatts next year, limiting power producers. The electricity system operators of the three Baltic States have conducted new stability calculations, resulting in a decision to adjust transmission capacities. For the Estonia-Latvia connection, this means that starting from January 1, 2026…
There are suspicions of violations of the investment contract provisions by Lukoil Company, and authorities are set to clarify responsibilities through legal procedures, says Prime Minister Alexandru Munteanu. The Prime Minister provided clarifications on the situation of Lukoil’s investments in the petroleum infrastructure at Chisinau International Airport, noting that since the imposition of international sanctions…
Ahead of Bulgaria’s entry into the eurozone on January 1, 2026, and due to heightened demand for euro coin starter kits featuring the national side, the Bulgarian National Bank (BNB) will extend its working hours for customer service on December 27. At the BNB central building, located at 1 Knyaz Alexander I Square in Sofia,…
Estonian media group Ekspress Grupp said on December 23 it had agreed to sell Lithuanian news portal lrytas.lt to a company owned by television producer Rolandas Skaisgirys, following an order by Lithuania’s Competition Council to divest the outlet. The buyer is Admisa, a company owned by Skaisgirys, who is also chairman of the board of…
The 2026 budget strengthens support for Ukrainian business, expanding opportunities for affordable lending, innovative development, and economic modernisation. The Government will continue to fund programmes that help enterprises operate and recover amid wartime conditions, create jobs, scale up production, and attract investment. For these purposes, UAH 51.8 billion is allocated in 2026, including for lending,…
Russians are increasingly assessing their financial situation negatively and are becoming more pessimistic about the future of their personal finances, according to a survey by the “Public Opinion” Foundation (FOM). At the end of November, the share of citizens who complain about a worsening financial situation reached 25% – the maximum since 2022. Compared to…
The Volzhanin poultry factory, which supplies 20% of the chicken egg market in central Russia, has announced a temporary suspension of deliveries. According to a source from Kommersant, the reason was an outbreak of highly pathogenic avian influenza (HPAI) at the company’s site in the Yermakovo settlement of the Yaroslavl region. Shipments were suspended on…