Tag Archives: country

Russia has stopped supplying power to Lithuania, the country’s electricity transmission system operator Litgrid announced on Sunday. Inter RAO, which was the only importer of electricity from Russia to Lithuania, confirmed the suspension of deliveries. Earlier this month, Inter RAO’s Nordic branch also stopped supplying electricity to Finland. Lithuania’s Energy …

The fugitive former North Macedonian prime minister, Nikola Gruevski, was sentenced on Friday to nine years in prison for ordering the demolition of a building owned by a political adversary. Skopje’s Criminal Court handed down the sentence after finding that Gruevski had abused his power and ordered the 2011 demolition …

Greece is the latest EU country to be hit with double-digit inflation, reaching the highest level since 1994. Inflation in the country surged to 10.2% year-on-year in April from 8.9% the previous month, according to the Hellenic Statistical Authority (ELSTAT). The largest increases were registered in the cost of natural …

EU ambassadors have so far failed to reach an agreement on a new package of sanctions against Russia, as Hungary continues to oppose a ban on Russian oil imports, Bloomberg reported on Sunday, citing sources familiar with the talks. The EU has already come up with five rounds of sanctions, …

Moldova’s President Maia Sandu has acknowledged that her country has no way to substitute Russian gas, expressing hope that deliveries by Gazprom will continue despite an unsettled debt. “We find ourselves in a very difficult situation,” Sandu said in an interview with broadcaster Jurnal TV on Wednesday. Moldova’s contract with …

Algeria, which boasts Africa’s second biggest gas reserves, said it would stop gas deliveries to Spain if Madrid transferred it to a “third destination.” The warning follows a recent decision by Spain to provide gas to the North African nation’s neighbor and regional rival, Morocco. “Natural gas delivered to Spain, …

In an attempt to protect one of its most critical industries, tourism, the Turkish government is reportedly planning to launch three programs aimed at increasing the number of Russian guests at the country’s resorts. The conflict in Ukraine led to sanctions on Russia-linked companies, which has made it difficult for …

Billionaire Rinat Akhmetov, the richest man in Ukraine, has pledged to restore the damage brought to the country amid Russia’s military operation, in an interview with Reuters published on Saturday. “We will rebuild the entire Ukraine… I trust that we all will rebuild a free, European, democratic, and successful Ukraine,” …

Crisis-hit Sri Lanka said it was halting payments on its foreign debt as its dwindling reserves of dollars were needed to purchase food and fuel. “We have come to a situation where the ability to service our debt is very low. That’s why we decided to go for a preemptive …

North Korea marked ten years of Kim Jong Un’s rule, on Monday, with top officials praising the 38-year-old leader’s record. The country has been governed by three generations of the Kim family since 1948, and is considered to be the world’s most isolated state. The current premier’s grandfather Kim Il-sung …