The Chance for Perezagruzka: Why do the Baltic States and the EU Need Russian Participation in Rail Baltica?
... Chinese-financed highway in Montenegro caused a disastrous problem for the local budget. The Montenegrin government had to freeze public sector wages and raise taxes, whereas the country’s debt has increased to 80% of the GDP. With the help of 17+1 initiative (Lithuania has decided to leave that format of cooperation with China in March 2021.) China has already increased its presence in the Baltic States. For instance, the largest engineering company in Lithuania, Elektros Tinkle Institutas, was purchased by ...
- 22.09.2021 13:47:09