The average weekly electricity price in Latvia has declined by nearly 14%, to 42.27 EUR/MWh in Estonia and 45.72 EUR/MWh in Lithuania. The price decline in Latvia was 13%, to 45.72 EUR/MWh, according to information from Latvenergo. A considerable consumption volume decline was noted in Nord Pool region last week. Electricity volume declined to 6,036…Details
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A Georgian wine tasting “Georgian Wine Roadshow” event was held in Glasgow, Scotland and Manchester, England on June 18-19, the Embassy of Georgia to the United Kingdom announced. The wine tasting events, where 30 different varieties of Georgian wine were presented, were organized by Georgian Wine UK. The guests also had the opportunity to taste…Details
Air Astana, the award-winning Kazakh flag carrier, celebrated 16 years of successful operation in the Russian market at a press event with Moscow’s leading journalists and bloggers. During the event, Peter Foster, President and CEO of Air Astana, received a gold award to become a “Honorary Member of the World Community for the Lives of…Details
In May the overall government-guaranteed state debt of Ukraine decreased by $0.79 billion, to $76.26 billion, the Finance Ministry’s press service reports. According the ministry, the state debt in hryvnia equivalent over the reporting month declined by UAH 27.97 billion, to UAH 1.993 trillion. Earlier the National Bank reported it expected the state debt reduction…Details
Ukrainian solvent banks in January-May received UAH 12.812 billion ($488 million) in profit, which was twice the figure at UAH 6.851 billion ($261 million) YoY. Revenues of solvent banks over the period under review grew by 5.9% YoY, to UAH 78.275 billion ($3 billion), while expenses dropped by 2.4%, to UAH 65.463 billion ($2.5 billion),…Details
Reconstruction and expansion work at harbor Terminal D at Lootsi 13/14 in Tallinn has begun, and will continue for the best part of two years. Parts of the terminal will be closed to passengers as a result. The passenger harbor comes under the auspices of the Port of Tallinn (Tallinna Sadam), a hitherto state-owned company,…Details
The parliament has adopted an updated the National Energy Independence Strategy. The strategy has been updated after six years. In the document, Lithuania sets itself a long-term goal to produce all power for its needs, with a particular focus put on the development of clean energy. The document was backed by 103 Lithuanian lawmakers, with…Details