The Air Moldova airline has launched direct flights between Chisinau and Baku. “Flights between Chisinau and Baku will be operated three times a week,” the company said. Departure from Chisinau will be operated on Tuesdays, Thursdays and Saturdays at 20:40 (GMT+3) with arrival in Baku at 01:00 (GMT+4), while a departure from Baku will be…
The average electricity price in Latvia and Lithuania went down by 25% last year, as reported by Latvenergo representatives. The price went down in the entire Nord Pool region. Additionally, the average electricity price in Latvia and Lithuania the price was 56.22 EUR/MWh. In both trade regions it went down by 25% compared with the…
The collections to the national public budget, managed by the State Fiscal Service (SFS) since the beginning of this year have amounted to 14.7 billion lei. The collections grew by 2.2 billion lei or by 17.8% YoY. Thus, about 7 billion lei (350 million euros) was collected in the state budget in 2023, up by…
It is necessary to introduce sanctions against Russia’s nuclear industry, which continues to earn money that is used to finance the war in Ukraine. The relevant statement was made by Ukrainian Energy Minister German Galushchenko in an interview with Bloomberg. “What is also very important, following our discussion now, that is the sanctions on nuclear…
This year, Ukraine needs $14 billion to cover the most urgent needs. Minister of Finance of Ukraine Serhiy Marchenko said this at the first event within the framework of the newly created Ukraine Reconstruction Platform via video link. Marchenko recalled that last week the World Bank assessed Ukraine’s losses as a result of Russian aggression…
A reduction in VAT introduced in 2022 to counter the rapid increase in prices cost the Polish budget PLN 37 billion (EUR 7.9 billion), a deputy finance minister said. Last year, Poland lowered the VAT rate on basic foodstuffs, fertilisers and fuels. The government also cut the excise tax on fuels and energy. “In 2022,…
Malkhaz Dolidze, the Head of the Georgian Bread Manufacturers Union, on March 28 said prices of the product in Georgia were not expected to increase, and added efforts were actually being made to bring them down. Dolidze told a press briefing the price of a sack of flour had decreased by about GEL 10-15 ($3.88-5.83)…