President Gitanas Nauseda proposed temporary income tax cuts and one-off payments to families with children to stimulate the country’s economy. The president presented the additional package worth 500 million euros after signing the Seimas-adopted law on one-off payments of 200 euros to pensioners and other social benefit recipients. Nauseda proposed to cut income tax from…Details
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In compliance with the order of the Freeport of Riga Authority repair works of the Daugavgriva shore reinforcement or the BKRR dam have been started. Due to the autumn storms and changes in the sea level, a part of the Daugavgriva shore reinforcement structures was washed away at the beginning of the year, FRA said…Details
According to the results of the year, growth of production volumes in the agricultural sector of North Kazakhstan is at least 4%, said head of the region Kumar Aksakalov. The latest meeting of the Akimat discussed the results of the industry’s development within the past four months. It was informed that this year the region…Details
Pursuant to the agreements reached by the President of Ukraine Volodymyr Zelensky and the Emir of the State of Qatar Sheikh Tamim bin Hamad Al Thani, a phone conversation took place between Deputy Head of the Office of the President of Ukraine Ihor Zhovkva and Minister of Transport and Communications of the State of Qatar…Details
Ukraine: Finance Ministry borrows UAH 34.7 billion, $1.2 billion and EUR 277 million in bonds in January-April 2020
Finance Ministry borrowed UAH 34.7 billion ($1.3 billion), US$1.2 billion and EUR 277 million for the national budget at weekly bond auctions to place government domestic loan bonds in January-April. The weighted average yield on government bonds placement grew from 9.9% to 10.1% for securities in hryvnias and from 3.1% to 3.2% in dollars, while…Details
Ferry links between Tallinn and the Finnish capital, Helsinki, are partly reopening for work-related journeys. Tourist ferry trips are still off the table, however. All three major shipping lines, Tallink, Viking Line and Eckero, are restarting their routes, which, save for cargo supplies, have been largely dormant since March. The move follows an announcement by…Details
Airlines are hesitant to resume flights in absence of a clear safety criteria from the Lithuanian government, says the CEO of the country’s airports. Germany’s Lufhansa is the first airline to relaunch regular flights from Vilnius, while some other carriers have also submitted applications to the government. According to Marius Gelzinis, the CEO of Lietuvos…Details