Latvia: Forestry costs rose significantly in 2023: statistics

Forestry costs in Latvia increased significantly in 2023 compared to previous years, according to the Central Statistical Bureau (CSP), LSM reports. Forest regeneration costs rose by 6.5-19.3%, forest tending costs by 14.7-50.8%, and timber harvesting costs by 4.4% in final felling and 12.2% in intermediate felling. The overall increase in forestry costs is attributed to higher…

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Baltic: Grid synchronisation to raise electricity prices minimally: minister

The planned synchronisation of the Baltic electricity grids with Western Europe in February 2025 will slightly increase electricity prices for consumers, according to Lithuanian Energy Minister Dainius Kreivys, BNS reports. The impact on prices will be minimal, around a few percent, he said. Lithuanian power grid operator Litgrid estimates that the synchronisation will cost consumers…

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Baltic: Tallinn ranks highest on quality of life index in 2024

Estonia’s capital, Tallinn, ranked the highest in the Baltic States on Serbian database Numbeo’s Quality of Life index in 2024, BNS reported. Tallinn ranked 17th out of 195 cities worldwide. Lithuania’s capital, Vilnius, ranked 36th on the index, while the Latvian capital, Riga, ranked 88th. Numbeo’s index assesses various factors affecting quality of life, including…

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