Estonia’s rapid trade growth continued in November 2021 with exports of goods increasing by 30% YoY, imports increased by 36%, data from Statistics Estonia showed. Growth was the highest in trade with the European Union Member States and primarily with neighboring countries. In November 2021, Estonia’s exports of goods amounted to EUR 1.7 billion and…
Charter flights between Kazakhstan and Georgia continue to be operated. In particular, a flight was carried out from Nursultan, the capital of Kazakhstan, to Georgia’s Kutaisi on January 8, with 68 passengers on board. The return flight back to Kazakhstan was carried out later as well. Another flight from Kazakhstan’s Aktau was performed to Georgia’s…
In 2021, the Naftogaz Group commissioned 50 new wells at gas fields. “In 2021, our specialists commissioned 50 new wells (in 2020 – 41 wells were commissioned), including: 11 wells with a production rate of more than 100,000 cubic meters of gas per day and three wells with a production rate of more than 250,000…
Ukraine’s international reserves in 2021 grew by 6% YoY, or by $1.8 billion, the National Bank of Ukraine said. “According to preliminary data, Ukraine’s international reserves amounted to $30.941 billion as of January 1. In 2021, they increased by $1.8 billion or by 6%. International reserves have increased as Ukraine received external financing and the…
The Tbilisi City Assembly has approved the Tbilisi municipal budget for 2022, which has increased by 255.115 million GEL and totals 1.305 billion GEL (about $423.9 million or EUR 374.5 million). The financial document was adopted with 35 votes in favour and five against. Deputy Tbilisi Mayor Irakli Khmaladze stated that one of the priorities…
439 thousand persons or 23.4% of the population of Latvia were at risk of poverty in 2020 – 1.8% more than in 2019. Disposable income of this share of population was below the at-risk-of-poverty threshold. As disposable income of the population grew in 2020, at-risk-of-poverty threshold went up as well – to EUR 472 monthly…
While inflation has been rampant across Europe, Lithuanians are particularly concerned about rising prices. Meanwhile, Germans still find consumer prices acceptable and wonder how Lithuanians survive on their income. Lithuania reported inflation of 11% at the end of last year, something unseen since the boom of the 2000s. Forecasts for inflation this year range from…