MPs adopted the package of laws providing for the establishment of the National Fund for Regional and Local Development. The fund will become the main source of financing for investment projects for local public authorities, in the field of energy, rural development (especially water supply and sewerage projects), local infrastructure, tourism attractiveness, economic infrastructure development,…Details
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The influence of the price of natural gas on consumption may be evaluated after some time, says gas transmission system operator Gaso chairman of the board Ilze Petersone-Godmane. She said currently there was information both about multiple legal persons considering restricting production and how residents were trying to save money and reduce costs. State support…Details
A newly purchased vessel will cut seaborne journey times between Tallinn and the island of Aegna in half, once she enters service in spring. The new boat can also carry twice the passenger complement of her predecessor. The boat, the Vegtind, will start serving the route on May 1 and will be operated by Spinnaker,…Details
Georgia’s tea imports from January through November 2021 amounted to $8 million, down by 14.8%, compared to $9.4 million over the same period of 2020, the National Statistics Office (Geostat) reported. Top-5 tea exporters to Georgia were: Azerbaijan – $4.3 million, Russia – $1.5 million, Sri Lanka – $1.2 million, Turkey – $251,310 and France…Details
In 2021, the share of agriculture in Ukraine’s GDP was the highest among all sectors of the economy and amounted to more than 10%, Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko wrote on Telegram. “Agriculture showed the highest increase in production in 2021 – 14.4%. According to the results of the year,…Details
On February 9, the Prime Minister of Ukraine Denys Shmyhal met with the Minister of Foreign Affairs, European Union and Cooperation of Spain Jose Manuel Albarez Bueno. Denys Shmyhal emphasized that Spain remained one of Ukraine’s major trading partners in the European Union. He noted that in the first 11 months of 2021, trade between…Details
January heating bills in Vilnius will be 5% to 10% higher than in record-breaking December, according to Vilnius Heating Networks (Vilniaus Silumos Tinklai, VST), heating and hot water provider of the Lithuanian capital. Vilnius residents already paid record sums for heating in December 2021 when prices more than doubled compared to a year before. The…Details