Riga International Airport services 2.35 million passengers in 2021
The number of passengers handled at Riga Airport exceeded 2.35 million in 2021. This means an increase of 17% when compared to 2020,…
Category: Business
Imports to Estonia grew by 36% year on year to November
In the context of high inflation, the Estonian economy has experienced year on year to November a considerable increase in both imports (+36%)…
Week in Lithuania: 98 migrants taken to Iraq, Curonian Lagoon pollution case goes to court
Last week, Lithuanian industrialists turned to the Organisation of Economic Cooperation and Development (OECD) over China’s actions, airlines temporarily suspended flights from Lithuania…
Swedbank’s former CEO in Sweden charged over Estonia scandal
In Sweden, charges of fraud and market manipulation have been announced against the former chief executive officer of Swedbank AB, Birgitte Bonnesen, with…
Kazāks: Latvia is in dire need of sustainable and far-sighted energy policy
Latvia is in dire need of a sustainable and far-sighted energy policy, said Bank of Latvia governor Mārtiņš Kazāks in an interview to…
Vilnius begins to demolish stadium ruins to build new one for EUR 40 million
In the 1980s, in Vilnius, a massive project of a national stadium was launched, but was left unfinished and has remained in limbo…
Tallink passenger numbers dropped by 20.6% last year, while cargo volumes increased
Shipping giant Tallink Grupp transported 2,961,975 passengers in 2021, which was a decrease by 20.6% compared to the first year of the pandemic….
Electricity price in Latvia down 55% last week
Last week the electricity price in Latvia decreased by 55% to 111.68 EUR/MWh, as reported by JSC Latvenergo representative Ivita Bidere. The price…
Inflation in Turkey reaches 36%
Yearly inflation in Turkey reached 36% in December, pointing serious difficulties in the large economy of the NATO member state, British public broadcaster…
