A series of stamps has been released to mark the first European Games Baku-2015.
According to the information on the website of Ministry of Communications and High Technologies of Azerbaijan, the author of the initiative is the specialized company Azermarka. The issue represents all the 20 sports represented at the continental competitions.
Judging by the statements of the organizers, the Games will be participated by more than 6 thousand athletes from 49 countries and visited by approximately 1 million spectators.
Doctor of Economic Sciences Gubad Ibadoglu told Turan the Games will cost the state budget only officially 3.5 billion manat and become a symbol of uneconomical attitude in the unstable global economy. --17D-
Economics
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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Azerbaijan's Tariff Council has approved tariffs for connecting construction sites to water supply and wastewater systems for the first time, addressing a previously unregulated sector with inconsistent charges, the council announced on January 2.
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