Electricity consumption by all categories of consumers in Ukraine rose by 6.9% YoY in January-September, to 92.2 billion kWh, the Ukrainian power company Ukrenergo reported. “The main reasons are the lack of strict quarantine measures in 2021 to counter the spread of COVID-19. As a result, consumption increased in all months, but the largest increase…
The main goal of the Ministry of Finance remains to reduce the government’s share in the banking system to below 25% in 2025. The issue was discussed during a working meeting on progress in the sale of the state-owned share of Ukrgasbank, the ministry’s press service reported. “The main goal of the Ministry of Finance,…
Due to the ongoing pandemic the supply of Black Hawk helicopters to Latvian national armed forces will be delayed, as reported to Saeima’s Defense, Internal Affairs and Corruption Prevention Committee by the commander of Latvia’s army Leonids Kalnins on November 3. It is planned the first Black Hawk will be delivered to Latvia at the…
Lithuanians have just enjoyed a four-day weekend. While employers decry public holidays as a drain on the economy, others say the GDP should not be the main measure of social welfare. All Saints’ Day on November 1 and All Souls’ Day on November 2 are public holidays in Lithuania, the latter having been made one…
Tallink Grupp says its subsidiary AS Tallink Latvija has signed a contract with Holland Norway Lines BV for the long-term charter of the company’s vessel Romantika. The charter agreement becomes effective when confirmed by the related financial partners shortly. The vessel, operating under the Latvian flag, will be delivered to the charterer in late March…
Wizz Air resumed direct regular flights from Georgia’s Kutaisi to Vienna and Berlin. Regular flights from Kutaisi Airport to Vienna and Berlin are operating from November 2. In particular, flights to the Austrian capital will operate twice a week, while to the German capital, at the initial stage, once a week. Georgian citizens are able…
Most Estonian crowdfunding service providers will from this month have to apply for authorization from the Financial Supervision Authority (FSA), in line with European Union regulations. Kilvar Kessler, FSA board chair, says his organization has been working on this basis already, while the EU crowdfunding regulation is to enter into force on November 10, with…