Latvia: power production down in July 2019

Energy companies in Latvia produced 357,655 megawatt-hours of power in July, the lowest level of national power output since July 2018. This allowed to cover 64% of the Latvian electricity consumption, according to AS Augstsprieguma tikls (AST). The independent transmission system operator AST stated in its review of the power market on August 22 that…

Kyrgyzstan: state debt up in June 2019

As of the end of June state debt of Kyrgyzstan reached $698.7 per capita. Over the month, the debt burden has grown by $2.7. According to the Ministry of Finance, as of June 30 the total volume of the state debt (external + internal) of Kyrgyzstan amounted to $4,471.91 billion (310,765.75 billion soms), including $3,792.64…

Lithuania: 5-fold increase of solar energy producers expected

Over 10,000 residents in Lithuania will produce solar energy by the end of next year, according to state-controlled holding company, Lietuvos Energija (Lithuanian Energy). The 5-fold increase is influenced by law changes, allowing remote solar power plants. Energy produced off-site can then be “virtually” transferred to be used in private apartments. Residents and multiple stakeholders…

Latvia: Belarus’ nuclear energy not to be bought

Viktoras Pranckietis, the speaker of the Lithuanian Seimas, says Latvian Prime Minister Krisjanis Karins has reassured him that his country does not intend to purchase electricity from Belarus’ Astravyets nuclear plant under construction close to the Lithuanian border. “I met with the Latvian president, the chairwoman of the Saeima and the prime minister in Aglona…

Georgia: unemployment down in Q2 2019

The unemployment rate in Georgia decreased by 0.7% to 11.4% in the second quarter of 2019, said the National Statistics Office of Georgia (Geostat). In Q2 the economically active population constituted 63.7% of the working age population (population aged 15 and older). “In comparison with the same quarter of the previous year, the economic activity…

Kazakhstan: 42 schools to be built in 2 years

President of Kazakhstan Kassym-Jomart Tokayev promised to continue constriction of new schools. “As of today there are 7,014 secondary schools in Kazakhstan. 128 of them provide three-shift schooling, and 31 are in disrepair. Construction of 35 schools more to eliminate three-shift schooling and shut down 7 dilapidated schools was included into the 2019-2020 republican budget,”…