Amid funding shortages, the state-owned company VSIA Latvian State Roads (LVC) is currently commissioning new road reconstruction projects only for locally critical road sections, LVC Construction Department Director Gints Alberins has said at the company’s annual Latvian road sector conference. According to him, these are sections where the road condition already threatens passability. In all…
Hotel revenues in Bulgaria are rising at a faster pace, with growth reaching 17%, according to the latest data from the National Statistical Institute. The trend reflects changes in pricing and hotel classification rather than a sharp increase in tourist numbers, according to Prof. Rumen Draganov, director of the Institute for Tourism Analysis and Evaluation.…
Since the fuel cashback program began on March 20, two million Ukrainian drivers have already taken advantage of it. The program was introduced as a tool to provide rapid support to citizens amid rising global fuel prices, aimed to help reduce household expenses. Ukrainians have received tangible financial support and the opportunity to save up…
A memorandum of strategic cooperation in the field of humanitarian demining was concluded by the Ministry of Economy of Ukraine and the Croatian company DOK-ING. The document was signed during the Ukraine Mine Action Partner Coordination Workshop in Switzerland by Deputy Minister of Economy, Environment and Agriculture of Ukraine Ihor Bezkaravayny and General Director of…
According to the latest data published by the Central Statistical Bureau, Latvia’s general government budget recorded a deficit of $1.093 billion last year, calculated in accordance with the European System of Accounts (ESA 2010) methodology, which corresponds to 2.5% of gross domestic product (GDP). Compared to 2024, the general government budget deficit increased by 366.9…
Estonia may ask the United States for permission to purchase ammunition from other suppliers, the head of Estonia’s parliamentary defense committee Kalev Stoicescu (Eesti 200) has said. The United States has halted ammunition deliveries to Estonia at least until the conflict involving Iran is resolved. Speaking on ERR, Stoicescu said the suspension affected not only…
The decision to cut excise duty on diesel already had an impact, Lithuanian Energy Minister Zygimantas Vaiciunas said on April 22. “The crisis is certainly not over. There was definitely an effect from the excise cut. There is that psychological price of two euros per litre for diesel, and that has been pushed down,” Vaiciunas…