The Ministry of Rural Affairs has turned to the Ministry of Economic Affairs and Communications (MKM), as it finds the latter has ignored prior agreements concerning compensation for the fishing sector in draft legislation regulating wind turbine fees. Draft legislation to reduce Estonia’s dependence on natural gas, currently in its second reading in the Riigikogu,…
Lithuanian government’s sanctions have banned Belarusian building materials from entering Lithuania as of March. But these materials can still be found on construction sites in the country. The sanctions on Russian and Belarusian building materials came into force on March 9. But goods ordered before March 4 could still be shipped to Lithuania for at…
Ukraine has a real opportunity to completely abandon gas imports through developing its own production, including of biogas, Serhiy Makogon, CEO of Gas Transmission System Operator Ukraine of Ukraine LLC (Gas TSO of Ukraine), has said on Facebook. “Ukraine has a very large potential for biogas production – up to 8 billion cubic meters of…
The European Union has officially suspended all duties on imports coming into the EU market from Ukraine to boost Ukraine’s economy affected by the Russian aggression. The relevant statement was made by the European Commission Spokesperson for Trade and Agriculture Miriam Garcia Ferrer at a briefing in Brussels. According to Miriam Garcia Ferrer, the regulation…
Delays at airports across Europe have been caused by a sudden surge in demand coupled with a labor shortage, Estonian experts have said. Air traffic has returned to pre-pandemic levels, Eero Pargmae, Commercial Director of Tallinn Airport, has said. “In May last year, we serviced 54,000 passengers in the whole month and 271,000 passengers in…
Polish retail sales grew by 21.1% YoY in April after a 19.4% increase in March, Eurostat, the EU’s statistics agency, reported. Month on month, retail sales went down by 3.3%, the agency also said. Eurostat annual growth figures are work-day adjusted, while the monthly growth figures are also seasonally adjusted. Eurostat data also include small…
The turnover received by the Georgian business sector increased by 33.2% YoY and amounted to GEL 38.6 billion (about $12.95 billion or EUR 12.05 billion) in the first quarter of 2022, the latest data published by the National Statistic Office of Georgia showed. The trade sector (including repair of motor vehicles and motorcycles) had the…