Ukrainian Prime Minister Yulia Svyrydenko and her Government team met with John Jovanovic, President of the U.S. Export-Import Bank, in Washington, D.C. “We continued developing our business cooperation track with the United States during a meeting with the newly appointed President of the U.S. EXIM Bank, John Jovanovic. I appreciate his attention to Ukraine. It…
The international ice cream producer Froneri has signed an agreement to acquire the ice cream business of the dairy group Food Union in Europe, including its ice cream operations in Latvia, the company has announced. Specific financial details of the transaction have not been disclosed. The proposed deal – which is still subject to approval…
Estonia’s general government budget deficit stood at EUR 342 million as of the end of August, the Ministry of Finance has said. This represented 0.8% of expected annual GDP – a fall of EUR 207 million. As of the end of August, central government – meaning mainly the state budget – had a deficit of…
Prime Minister Inga Ruginiene says that Lithuania plans to allocate 5.38% of its GDP to the military in its 2026 state budget. “Defence spending in the 2026 budget will reach 5.38% of GDP. This is a record amount,” Ruginiene told reporters after a Cabinet meeting on October 15. Finance Minister Kristupas Vaitiekunas said defence funding…
Over the first year of the Land Bank project, farmers paid UAH 1.19 billion including VAT for the use of state-owned agricultural land. Through open online auctions in the Prozorro.Sale system, 62,194 hectares – previously in the shadow economy – were transferred into lawful use. “The Land Bank is an example of how transparent and…