Economy Minister Denisa Sakova (Hlas) has finally unveiled the first package of measures aimed at supporting the economy, following six months of negotiations and preparation. With the package published on Monday evening, the public had less than a day to assess the nearly 40 measures. The package was discussed on June 1 by the tripartite…
Tallinn Airport set a new passenger record in May, handling over 354,000 passengers in a single month and seeing a 13% YoY increase. Eero Pargmae, member of the management board of Tallinn Airport, said the biggest factor behind the growth is low-cost carrier Wizz Air’s expansion in Tallinn. While the airline offered only one direct…
There have long been offers of cheaper than the gas currently sold to Armenian consumers, according to Khachatur Sukiasyan, a businessman and member of parliament from the ruling Civil Contract faction. “Don’t worry, there have long been offers that are cheaper than the gas ultimately sold to consumers. I cannot provide details right now because…
The First Deputy Prime Minister of Ukraine and Minister of Energy Denys Shmyhal met with Alparslan Bayraktar, Minister of Energy and Natural Resources of the Republic of Turkiye, on the sidelines of an energy forum in Baku. The ministers discussed the current situation in Ukraine’s energy system and the country’s needs in preparation for the…
Over the past week, entrepreneurs issued 844 new loans for UAH 3.85 billion within the framework of the state initiative “Affordable Loans 5-7-9%. The program is a component of the “Made in Ukraine” manufacturer development policy. The largest increase in the amount of loans issued fell on lending to the processing industry – plus UAH…
Latvia’s unemployment rate stood at 6.5% in April, exceeding the average levels recorded both in the European Union (EU) and the eurozone, according to data published on June 1 by the EU statistical office Eurostat. Among EU member states, higher unemployment rates in April were recorded in Finland (10.6%), Spain (10.3%), Greece (9.5%), Sweden (8.6%),…
Bulgarian MP from “Progressive Bulgaria” Vladimir Nikolov said that major retail chains had indicated readiness to reduce prices by around 15% following discussions with authorities and stakeholders. He stated that the sector had already presented a framework for implementing lower prices across key goods. “The chains have already come up with a plan on how…