Georgia: hazelnuts exports increase

Georgia has exported 18,400 tons of hazelnuts between August 1, 2021 and January 23, 2022, up by 28% YoY, the Georgian Ministry of Agriculture and Environmental Protection has reported. The exports generated $84.5 million in revenue, up by $8.3 million. The export price of hazelnuts increased by 11%. Georgian hazelnuts were exported to the following…

Latvia: state debt up in 2021

Last year, Latvia’s state debt increased by EUR 2.8 billion or by 22.5%, reaching EUR 15.259 billion, according to data compiled by the State Treasury. At the end of 2021 Latvia’s state debt was EUR 15,258,909,000 and at the end of 2020 it was EUR 12,458,738,000. The state external debt was EUR 12.287 billion at…

Georgia: revenues from tourism to surge in 2022

Georgia’s tourism revenues in 2021 amounted to $1.2 billion, up by 129.8% YoY, according to the tourism recovery review from the Galt & Taggart. The figure decreased by 62.5%, compared to 2019 ($3.2 billion), and accounted for 38.1% of the 2019 level (before the COVID-19 pandemic). Georgia’s revenues from international travel in December 2021 amounted…

Ukraine: energy minister talks plans to disconnect from Russia and Belarus power grids

Ukraine has secured the European Commission’s support for its efforts to synchronize its national power system with the European Union’s ENTSOE and is moving steadily toward completing the process in 2023. Minister of Energy of Ukraine, Herman Galushchenko, addressed the issue in Brussels, speaking with journalists following the talks with European partners. “Technical issues are…