Lithuania will evaluate the technical and economic feasibility of deploying small modular nuclear reactors, as officials weigh energy security needs against concerns over cost and safety. Representatives of the nuclear energy sector say that building several such reactors could secure a steady supply of relatively low-cost electricity. However, nongovernmental organisations remain sceptical, noting that no…
The state-owned postal service Eesti Post reported revenues were up by 9% last year, to EUR 154.7 million, while net profit reached EUR 5.9 million. The company posted a net loss of EUR 0.6 million in 2024. Eesti Post is branded as Omniva in Estonia, and also operates in the other two Baltic States. Revenues…
In April, the general fund of the state budget received UAH 93.9 billion in taxes and fees, which were controlled by the State Tax Service. The implementation of the plan is 104.2%. This was reported on her Facebook page by the Acting Head of the State Tax Service Lesya Karnaukh. “Despite all the challenges, we…
According to operational data (as of 16:00, April 30), in April, UAH 301.5 billion was received by the general fund in the form of taxes, fees and other mandatory payments. According to the results of April, the receipt of payments from the State Tax Service amounted to UAH 93 billion, including: – UAH 35.4 billion…
Bulgarian Financier Levon Hampartzoumian criticized the effectiveness of state efforts to ease price pressures, commenting on the closure of government-backed stands dubbed “People Shop” offering cheaper goods. In his view, the initiative had limited impact from the outset. “”People Shop” is not a large-scale scheme. With a budget of 10 million leva, nothing substantial can…
The Reform-Eesti 200 coalition has opted to issue a supplementary budget for this year, mainly to help fund the ongoing eastern border construction work. Other items will fund AI, a planned munitions plant, and cover the cost of lost revenues after online casinos were left exempt from paying tax. “The move will require an amendment…
The government of the United States and Lithuanian Defence Materiel Agency have signed an amendment to an existing contract for a second HIMARS rocket artillery battery worth about $280 million, Lithuania’s Defence Ministry reports. The additional agreement covers the purchase of extra launchers, combat and training ammunition for the Lithuanian Armed Forces, as well as…