From July 8 to 11, representatives of the Ministry of Finance of Ukraine held a series of working meetings with experts from the Organisation for Economic Co-operation and Development (OECD). The discussions focused on Ukraine’s strategic initiatives in international taxation, harmonization of legislation with EU tax standards, preparations for OECD accession and further adaptation of…
A train line launched between the capitals of Estonia, Latvia and Lithuania in January has exceeded expectations and sales of bus tickets on the same route have dropped by more than 25%. The almost 10-hour route links Talllinn, Tartu, Riga and Vilnius and was introduced to increase connections between the Baltic States. Rail Baltic, which…
An American company specializing in robotic and minimally invasive surgery has launched a new production facility in the Bulgarian town of Parvomay, marking a key step in its European expansion. The new base, part of Intuitive’s global operations, is located in the Plovdiv region and will manufacture 3D endoscopes and micro-optical parts for the da…
The implementation company of the “Rail Baltica” railway project in Latvia, SIA Eiropas Dzelzcela linijas (EDzL), and the mainline constructor ERB Rail have signed an agreement to start construction work. Construction of the Rail Baltica mainline in Latvia will begin on the southern section from Misa to the Lithuanian border, which is divided into several…
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year, as outlined in its latest Monetary Program. This marks the first time the central bank will mint gold coins in the European currency, coinciding with Bulgaria’s planned eurozone accession in January 2026. The first of these coins, titled St. Virgin…
The multibillion-euro Rail Baltica project, which aims to connect Poland and the Baltic States with a European standard-gauge railway, is scheduled for completion until 2030 – but meeting that target will be a major challenge, according to the project’s top official in Lithuania. “It’s a very, very big challenge,” Arenijus Jackus, chair of the supervisory…
Ukrzaliznytsia will receive grant assistance totaling 54 million euros. Such a joint project with the European Bank for Reconstruction and Development was announced and signed at the transport roundtable as part of the URC2025 Ukraine Recovery Conference in Rome. In particular, 41 million euros of this amount will be allocated to the development and provision…