In January-October 2021, a total of 1.516 billion cigarettes were exported from Latvia to other countries, down by 183.203 million cigarettes or by 10.8% YoY, according to data compiled by the State Revenue Service (VID). 61.234 million cigars and cigarillos were exported to other countries last year, up by 32.1%. Additionally a total of 17,748…
An almost 50% ticket rise for visitors to Estonia’s largest islands has been postponed until later this year after a meeting between local mayors and the government. The price hike was due to take effect in February and would have only affected visitors, not island residents. Minister of Economic Affairs Taavi Aas (Center) met with…
Lithuanian Airports (LOU), the state-owned airport operator in Lithuania, plans to buy self-service baggage drop-off equipment. The airport operator wants to start using ten self-service baggage drop-off stations at Vilnius Airport’s new terminal scheduled to be completed until mid-2024, Marius Zelenius, head of communication at LOU, has said. It would be a one-step system that…
Georgia’s exports to Azerbaijan from January through November 2021 totaled $488.3 million, the National Statistics Office (Geostat) reported. According to Geostat, the current figure increased by 22.2%, compared to the same period of 2020 ($399.6 million). Top-5 exported commodities from Georgia to Azerbaijan: transport-related equipment – $248.3 million, industrial supplies – $85.4 million, food and…
Ukraine’s state-owned arms exporter, Ukrspecexport, received 144 foreign delegations and signed contracts worth $332 million in 2021, the company’s press service reported. Last year, Ukrspecexport managed to intensify international activities and achieve growth in economic performance. This led to a significant increase in the total amount of newly concluded foreign economic contracts. “Although the revival…
In the banking sector of Ukraine, the share of non-performing loans (NPL) as of December 1, 2021 decreased to 30.7% against 32.7% as of November 1, 2021, the National Bank’s press service reported. Since early 2021, the share of NPLs has decreased by 10.3% (UAH 73.8 billion in absolute terms), being observed in banks of…
In January-November 2021, the deficit of Latvia’s state consolidated budget was EUR 1.03 billion, up by EUR 490.5 million YoY, according to data published by the State Treasury. Considering the costs of the aid provided to reduce consequences from Covid-19 pandemic, the deficit in the state budget reaches EUR 1.08 billion. The municipal budget, on…