While no such correlation applies to excise duty on tobacco, increasing the excise duty on alcohol would reduce Estonia’s excise revenue, it appears from the results of an analysis commissioned by the Ministry of Finance and conducted by PricewaterhouseCoopers Advisors (PwC). PwC’s analysis highlights that when making changes to excise duty policy, the state has…
DetailsUkraine’s large and medium-sized plants produced 8.6 thousand tons of mayonnaise in January, up by 1.2% YoY (8.5 thousand tons). In addition, its output hit a three-year high. Taking into account that the Ukrainian mayonnaise market is focused on the domestic consumer, no substantial production growth can be expected now. The market is saturated with…
DetailsThe Latvian airline AirBaltic will resume flights on the route Riga-Odesa-Riga from March 31, Vice Prime Minister for European and Euro-Atlantic integration of Ukraine Ivanna Klympush-Tsintsadze wrote on Facebook. “Latvian airline AirBaltic from March 31 will resume flights on the route Riga-Odesa-Riga. The conference on the renewal of the route was held on March 13,”…
DetailsKyrgyzstan intensifies negotiations on China – Kyrgyzstan – Uzbekistan railway construction project, the President of Kyrgyzstan Sooronbai Jeenbekov said at a meeting with heads of diplomatic missions. Earlier, Foreign Minister Chingiz Aidarbekov said that the route of the railway as a whole was almost approved. The head of state instructed to continue work on construction…
DetailsVienna, Rome, and Prague were the top three in demand directions from Georgia’s Kutaisi International Airport in February, announces United Airports of Georgia. After these three cities come Athens and Memmingen. In total Kutaisi Airport serviced 617,342 passengers in 2018, up by 52.5% YoY. United Airports of Georgia reported that 95% of Kutaisi airport passengers…
DetailsThe European Union Aviation Safety Agency’s (EASA) decision to ban Boeing 373 Max aircraft from its airspace will not directly impact Estonian flights. “Not a single Estonian airline uses this type of aircraft,” Kaupo Toodu, director of the Flight Operations Department of the Estonian Civil Aviation Administration (Estonian CAA). Toomas Uibo, director of marketing and…
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