Latvian flag carrier AirBaltic will start operating direct flights from Riga to the Black Sea city of Batumi from May 2 with twice-a-week flights, TAV Georgia, the company operating two airports in Georgia, has announced. AirBaltic will perform flights to Batumi by Airbus 220 aircraft. Founded in 1995, AirBaltic has been operating direct flights to…
Under the influence of rebounding EU economy and high inflation the value of Latvian exports and imports reached records in 2021, official statistics showed. The Latvian Central Statistical Bureau wrote in a press release, that its provisional data showed that in 2021, Latvia exported EUR 16.49 billion worth of goods, EUR 3.19 billion or 24%…
The Competition Authority (Konkurentsiamet) has approved a 10% price hike for electricity grid distributor Elektrilevi’s connection fee. Elektrilevi has cited a rise in the cost of its transmission service as provided by electricity and gas supplier Elering, as well as a volatile electricity market and a 0.2% rise in the Competition Authority’s own fees. Mihkel…
Investors are trying to withdraw their capital from Ukraine under the pressure of information threats, Prime Minister Denys Shmyhal said during the Marathon of Unity UArazom on February 16. “We are talking about a serious economic challenge. As to exchange rate fluctuations, rising inflation, there are no real macro threats to our economy now, but…
The Ukrainian Ministry of Finance raised UAH 66 million to the state budget at an auction for the placement of domestic government bonds, according to the ministry’s press service. “On February 15, at auctions for the placement of domestic government bonds, the Finance Ministry offered investors two issues of securities in the national currency. The…
As the spread of Covid-19 in Latvia has decreased among children, the Latvian government has decided to lift the requirement for minors to present the digital Covid-19 certificate to prove their vaccination or recovery from the disease to attend events and receive services provided indoors or in the presence of an adult having one of…
With the help of Tallinn’s new transport model, it is possible to forecast and analyze people’s mobility needs and better plan both urban transport and urban space more broadly. This is not an individual study, but a permanent tool that can be used to assess whether and how decisions concerning urban space and traffic support…