Georgia has taken the 5th place among 165 countries in the world in the economic freedom annual report published by the Fraser Institute. Last year, Georgia took the 8th place among 162 countries in the same report. The report measures economic freedom based on regulation, freedom to trade internationally, size of government, property rights, government…
Electricity prices rose to a new record high on September 14, beating the previous record set on September 13. The price rose by 4.9%, to EUR 141.6. Before September 13’s record high, the previous record was set on September 8. The new price is 6.1% higher than that record. Before that, the record price was…
Siauliai Airport in northern Lithuania has become the parking lot for dozens of passenger airliners to be reconfigured into cargo carriers. The long-range passenger airliner Airbus A340 is a rare sight at the airports of the Baltic States. However, several of such planes are currently parked at Siauliai airport, where they are being reconfigured to…
In January-August, the Freeport of Riga handled 13.27 million tons of cargo, down by 16.3% YoY. According to the port’s statistics, handing of grain increased by 27%, to 1,639,800 tons, wood pellets – by 1.5%, to 1,441,700 tons, sawn timber – by 77%, to 371,300 tons, and timber – by 28.7%, to 1,844,600 tons, while…
Uzbekistan has slightly improved its position In the Competitive Industrial Performance Index 2021. According to the rating website, being placed 94th Uzbekistan received a score of 0.017. The country remained in the quintile of states with a medium-low level of industrial development, but was able to improve the indicator by one position. In terms of…
The medium-term energy tariffs are planned to be increased in October, Deputy Minister of Energy and Industry of Kyrgyzstan Tilek Aitaliyev has announced. “The bill of the new medium-term tariff policy on electricity for 2021-2025 has been discussed since spring, now the document is under consideration in the Offices of the President and the Cabinet…
The State Property Fund should ensure planned revenues to the budget in the amount of UAH 12 billion from the large-scale privatization of state-owned enterprises until the end of the year, Ukrainian Prime Minister Denys Shmyhal has said. “In general, there are a lot of objects for large and small privatization. In other words, last…