Five of Russia’s largest developers have increasingly been failing to meet construction schedules for new residential buildings. The share of projects that are being handed over with delays reached 12.7% by February 2026, compared to 3.2% a year earlier. In total, the top-5 developers are delaying the handover of more than 1.95 million square meters.…
Ports in the North-West of Russia may face a “significant reduction” in the transshipment of foreign trade goods due to intensified ship inspections, which are being carried out by order of Russian President Vladimir Putin. The issue has become particularly acute in the face of severe ice conditions in the Gulf of Finland, which have…
First Deputy Prime Minister of Ukraine – Minister of Energy Denys Shmyhal and Minister of Energy and Natural Resources of Canada Tim Hodgson signed a Memorandum of Cooperation on the sidelines of the IEA Ministerial Meeting. As Denys Shmyhal noted, the document opened up new opportunities for cooperation in the field of nuclear, renewable energy…
Slovakia’s public finances are starting to resemble Greece before its debt crisis, NBS economists have warned – drawing a response from the finance minister. “Over the past seven years, Slovak public finances have moved from primary surpluses to high deficits, mainly due to rising social spending and public-sector wages,” NBS chief economist Michal Horvath and…
Rail Baltica construction is significantly cheaper in Estonia, where a full kilometer of the railway will cost about the same as the substructure alone in Latvia. Latvian Transport Minister Atis Svinka said this week that building the 45-kilometer stretch from Misa to the Lithuanian border would cost over EUR 520 million, or about EUR 11.57…
Average household income per person in Bulgaria grew more strongly than spending during the last quarter of 2025, according to data from the National Statistical Institute. The quarterly total income per household member reached BGN 3,687 (EUR 1,880), marking an increase of 9.4% compared to the same period in 2024. At the same time, average…
Corner stores are fading from the Tartu cityscape, as high energy bills and dwindling customer numbers force even longtime neighborhood fixtures to close. Just days ago, the storied Kuu pood, the last of its kind in Karlova, closed its doors, simultaneously closing a chapter in a district that once boasted hundreds of tiny shops. Rising…