Riga International Airport has plans to invest more than EUR 247 million into development until 2027, reach a number of 9 million passengers serviced, as well as issue bonds, according to the airport’s new strategy Runway 2027, as reported by the airport’s representatives. The airport has reviewed and outlined its goals, vision and mission. New…Details
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In 2021, Estonia’s exports of goods increased by 28% and imports by 32% compared to 2020, data from Statistics Estonia showed. In December 2021, exports grew by 24% and imports by 27% YoY. In 2021, Estonia’s exports of goods amounted to EUR 18 billion and imports to nearly EUR 20 billion at current prices. The…Details
President of Ukraine Volodymyr Zelensky discussed, among other things, the economic and infrastructure cooperation during the talks with President of France Emmanuel Macron. “I appreciate that the French side is taking an active part in restoring the infrastructure of our country, improving the lives of our citizens, especially in eastern Ukraine. By joint efforts, we…Details
In January, the State Property Fund of Ukraine held 17 successful auctions for a total amount of UAH 440.96 million, of which UAH 286.03 million had already been transferred to the budget. The total amount of privatization proceeds was 42 times higher than in January 2021. The average number of auction participants also increased from…Details
Georgia exported 5.3 million bottles of wine to 35 countries in January, up by 51% YoY, the Ministry of Agriculture and Environmental Protection announced on February 8. The exports generated $11.6 million from the sale of wine abroad in January, marking an increase of 43%, according to data from the state body. The volume of…Details
In recent months a very dangerous trend has been observed with Latvia’s dairy industry. Since September 2021 there has been a clear difference between the highest and lowest milk procurement price for dairy farmers and milk producers, as reported by the chairman of the board of Association of Agricultural Statutory Societies Kaspars Melnis. With reference…Details
Monetary payments to hard-pressed households, proposed by President Gitanas Nauseda in response to rising prices, may exacerbate inflation even further, according to Finance Minister Gintare Skaiste. “Such helicopter money could, in principle, make the inflationary mill spin even faster,” she said on February 8. “One should be very cautious about such measures, and I’d say…Details