Since June 2014, crude oil price has fallen more than 70% percent on the world market. The cost of oil plunged so much that travel through the Suez Canal became unprofitable, since the voyage around the Africa became cheaper. The price of refined oil, on the other hand, is not so dependant on the world market, at least not in the Balkans.Read More
The number of nights spent by Russians at tourist accommodation establishments in Barents Finland continued to decline at the beginning of 2016. Norway, on the contrary, had an increased number of guest nights by Russian visitors this year.
January is usually the most popular month of the year for Russian visitors to travel to Northern Finland, measured by the number of overnight stays. However, this January, in most regions of Northern Finland the number of Russian tourists decreased by more than twenty percent, compared to January 2015.Read More