Support for developing more wind power projects on land is increasing after several years of decline. There are now more people in favor of more wind power than there are against it. Fresh figures from the Cicero Center for Climate Research show that 39% of Norwegian respondents now support moreContinue Reading
The majority-state-owned Finnish energy company Fortum has announced the signing of a bridge financing agreement with the Finnish state worth 2.35 billion euros. The financing arrangement will cover the company’s collateral needs in the Nordic power commodity market, Fortum said in a statement released on Tuesday morning. The deal allowsContinue Reading
No solutions to the current energy crisis can be expected for the next four years, although Russia cannot pressure the West forever, Economic Adviser to the President Kaspar Oja and economic experts Raivo Vare and Heidor Vitsur said on Vikerraadio’s “Välistund” on Monday. According to Vare, the G7’s announcement FridayContinue Reading
Skyrocketing energy prices and the consequences of the invasion of Ukraine are encouraging some global leaders to expand hydrocarbon production in the Arctic. If this goes ahead, it would be a disaster. The Arctic is warming faster than any other region on Earth. But even as climate change threatens its uniqueContinue Reading
Prime Minister Kaja Kallas (Reform) has pursued a successful foreign policy course amid the current security crisis facing Ukraine, senior ERR journalists Anvar Samost and Huko Aaspõllu find. On the other hand, defense minister Kalle Laanet (Reform) has been irresponsible in stating that if Ukraine falls before Russia’s objectives, theContinue Reading
China’s General Administration of Customs on Wednesday officially notified Lithuania on the country’s decision to suspend imports of beef, dairy products and beer, Lithuania’s State Food and Veterinary Service told BNS. Mantas Staskevicius, head of the SFVS, says Lithuania suspended exports of animal products to China last fall after businessesContinue Reading
Finland’s agricultural sector will need state assistance to recover from a “dangerous” economic crisis, according to the Central Union of Agricultural Producers and Forest Owners (MTK). The prices of fertilizer, animal feed and energy have all risen rapidly and unpredictably during the past year, significantly increasing production costs. Furthermore, theContinue Reading
In Latvia, every citizen and permanent resident has to have the right to open a bank account, otherwise one of a person’s democratic freedoms is not respected, says Saeima opposition legislator Jānis Urbanovičs. According to him, since the Latvian financial sector control institutions and procedures have experienced a far-reaching reformContinue Reading
The global oil market is gradually recovering from the crisis caused by the 2020 coronavirus pandemic. The increase in demand for oil, followed by restrictions cancellation in different countries, is natural and causes “black gold” supply shortages. Hence the need to increase oil production by the key exporters (Saudi Arabia,Continue Reading
Compared to July 2020, the average level of consumer prices was mainly influenced by the rise in prices of goods and services related to transport, goods and services related to housing, food and non-alcoholic beverages, clothing and footwear, health care, alcoholic beverages and tobacco products in July 2021, according toContinue Reading
Sweden
1,222,892
Denmark
529,210
Lithuania
484,537
Norway
300,013
Latvia
259,215
Estonia
226,304
Finland
197,476
Iceland
18,896