Latvian Bus Ban to Russia and Belarus to Cost €6 Million Annually
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Insights by Echo AI
A planned ban on international bus transport between Latvia, Russia, and Belarus is set to cost Latvian transport companies, particularly Ecolines, around €6 million annually. The majority of these losses, approximately €4 million, would stem from the cancellation of routes between Riga and Moscow, as well as Riga and St. Petersburg. The Ministry of Transport acknowledges potential state compensation for these losses.
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