Lithuanian President Gitanas Nauseda proposed raising the non-taxable income threshold to 510 euros, from the current 460 euros, in an attempt to help people cope with high inflation. He has also called for one-off payouts to the most vulnerable. “This is a measure aimed at people with the lowest incomes. It is a targeted and…
As part of a Free Trade Area (FTA) Agreement, Ukraine and Turkey have agreed on the full liberalization of motor transportation services. “Within the framework of the FTA Agreement, a historic agreement on the full liberalization of road transportation services has been reached. Restrictions on Ukrainian motor carriers on the Turkish market will be lifted…
As of January 1, cash in circulation in Ukraine totaled UAH 627.6 billion, the press service of the National Bank of Ukraine (NBU) posted on Facebook. “As of January 1, cash in circulation amounted to UAH 627.6 billion, in particular: 2.95 billion banknotes worth UAH 622.6 billion and 13.99 billion coins (excluding commemorative and investment…
In January, Riga International Airport serviced 246,000 passengers or almost five times more than a year prior, according to the airport’s operational data on the airport’s results for the first month of the year. Two of the biggest passenger carriers in January were Latvia’s national airline airBaltic, which carried 49.9% or nearly 122,000 passengers to…
The National Energy Regulatory Agency (ANRE) has launched the platform e-Carburanti (e-Fuels) on its official webpage www.anre.md, which represents an interactive map, through which ANRE provides public access to the information on the daily prices for the principal standard-type oil products and the liquefied gas, established by the license holders. They can be selected for…
The government is finalizing a compensation package for rising district heating bills but it is not yet known if the limit will be 50 or 80%, Minister of Economic Affairs Taavi Aas (Center) has said. The state is already supporting electricity costs with compensation and a price cap, but now it wants to introduce similar…
The state-owned company Lithuanian Railways (LTG) has received a letter from the Council for Rail Transport, which brings together 20 railway companies from various countries, confirming a ban on the transit of rail freight from Lithuania via Belarus. The ban will take effect on February 7 and will apply to shipments of oil products and…