Estonia: price and wage inflation likely feature of much of the year Rapid inflation experienced in the latter part of 2021 will show no sign of abating in the first half of 2022, according to some experts, while price rises might even be exacerbated by wage inflation prompted by the inflation, setting off a vicious…Details
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Some Lithuanian trucks have been stranded in Kazakhstan due to massive unrest gripping the country. The real situation is difficult to know due to Internet and mobile network blockages, but logistics companies have already been affected, business representatives say. According to Linava, Lithuania’s National Road Carriers Association, the mass unrest in Kazakhstan complicates the logistics…Details
Ukraine will continue to implement important structural reforms for the well-being of its citizens, with the support of the European Union, Prime Minister Denys Shmyhal has said at a meeting with EU High Representative for Foreign Affairs and Security Policy Josep Borrell in Kyiv. “Among the reforms we have launched is the implementation of the…Details
The State Property Fund of Ukraine puts up the Odesa Sparkling Wine Factory for sale at a starting price of UAH 87.4 million. “The Odesa Sparkling Wine Factory, one of the oldest enterprises, was put up for privatization. It was there in 1899 that the history of sparkling wine production in Ukraine began,” the State…Details
The circulation term of Georgian Lari (GEL) banknotes issued in 1995 and 1999 expired on January 1, the National Bank of Georgia (NBG) reported. Banknotes of all GEL denominations issued since 2002 are legal tender across the country. “All legal entities and individuals are obliged to receive and pay with these banknotes without any problems,”…Details
The long-awaited packaging deposit system will become operational in Latvia on February 1, reminds LLC Depozita iepakojuma operators. The company in charge of the packaging deposit system reports residents will be able to deposit glass, plastic (PET) and metal (cans) packaging for beverages, all kinds of beer and other alcoholic beverages (up to 6%). However,…Details
A bill aimed at slashing VAT on energy bills is being held-up at the Riigikogu – partly because the chamber is nearing the end of a four-week winter recess in any case – but also as the two coalition partners, Reform and Center, aim to patch up differences on the bill. While Reform opposed cutting…Details