Lithuania cannot unilaterally cut off railway transit between mainland Russia and the exclave of Kaliningrad, according to Transport Minister Marius Skuodis. “As for unilateral decisions on the Kaliningrad transit, such a thing is probably not theoretically possible, because this is an agreement between the European Union and Russia,” he told reporters on April 6. If…
Total production of industrial enterprises in Estonia rose by 1.7% YoY at constant prices on year in February, state agency Statistics Estonia reported. Output increased by 4.7% in manufacturing, the sector with the largest growth, though it decreased by 11.8% in mining and by 16.6% in energy production. Helle Bunder, Statistics Estonia analyst, said: “In…
President of Ukraine Volodymyr Zelensky has called on Spanish companies to stop doing business with Russia. “I know that many of your companies have already stopped financing the Russian military machine through taxes. I want to thank you, your citizens and your government. I am grateful to these companies, to your entire state and society…
As of March 31, the banking system recorded an inflow of UAH 28 billion (in all currencies) to deposits of individuals and legal entities, Head of the National Bank, Kyrylo Shevchenko, reported. “As of March 31, we see the inflow worth the equivalent of UAH 28 billion to deposits of individuals and legal entities (in…
The ruling coalition in Latvia is in agreement that the country should shut down supplies of natural gas from Russia, said Latvian PM Krisjanis Karins after a meeting of coalition parties on April 4. The PM stressed that gas supply-wise Latvia would be independent from Russia, and this would be accomplished by resolving related issues,…
Tallink Grupp on April 4 signed an agreement with the Social Insurance Board (SKA) to charter out the MS Isabelle from April 7 in order to provide temporary accommodation in Tallinn to war refugees from Ukraine. Refugees who have thus far been staying at hotels in Tallinn will be transferred to accommodations aboard the Isabelle.…
Revenues worth 20 billion lei were collected in the national public budget (BPN) in the first three months of this year, up by 3.3 billion lei YoY. According to the Finance Ministry, the expenses stood at 21.1 billion lei, up by 3.9 billion. The BPN’s carrying out resulted in a deficit of 1.1 billion lei…