There are a number of issues important to Latvia’s future development – from insufficient investments to inequality in society. However, it is the delays with long-term decisions that causes concerns, governor of the Bank of Latvia Martins Kazaks has said. “As for political decision, unfortunately, we have to conclude that we are too wrapped in…
Public administration minister Jaak Aab (Center) says that a compromise can be met over a controversial planning application to build an indoor training hall for top-flight Tallinn football team Levadia on a plot adjacent to the Memorial to the Victims of Communism. An administrative building, rather than a training facility, could be built instead, Aab…
The State Revenue Service (VID) has put under arrest the accounts of SIA Rigas karte, which is responsible for the electronic public transport ticket system in Riga. This decision may negatively impact the functionality of the entire e-ticket system in Latvia’s capital city, says Rigas karte board chairperson Diana Smite. She says the company has…
Lithuania has received a pre-financing payment of 289 million euros from the European Commission under the Recovery and Resilience Facility (RRF), the Finance Ministry reports. This amounts to 13% of total allocations for Lithuania. The pre-financing payment will help to kick-start the implementation of the crucial investment and reform measures outlined in Lithuania’s recovery and…
The volume of retail trade turnover in the country as a whole amounted to 356 billion soms in 2020, having decreased by almost 19% YoY. The National Statistical Committee of Kyrgyzstan provided such data. Food products accounted for more than 56% in the total volume of retail trade turnover. Their sales volume exceeded 200 billion…
Some 44,106 construction companies were registered in Uzbekistan as of the beginning of August. More than 4,000 new construction organizations opened throughout the country in January-June. The information was unveiled by the country’s statistical committee. (Uzreport/Business World Magazine)
The Ministry of Energy has approved a new monthly coal accumulation schedule for thermal power plants (TPPs) and combined heat and power (CHP) plants, increasing the planned accumulation indicators by the start of the heating season more than two-fold, to 3,046,400 tons of coal. “According to the new document, 3,046,400 tons of coal should be…