German companies in Slovakia are facing growing cost pressures and heightened uncertainty about the country’s economic direction, according to the latest AHK World Business Outlook published by the German-Slovak Chamber of Commerce (AHK Slowakei). The survey of 85 German firms shows that while many remain stable and operationally resilient, confidence in Slovakia’s broader economic environment…
During the past working week, fuel prices increased in the Baltic capitals, with the only exception being the price of diesel fuel in Riga, which remained unchanged, according to data compiled by the LETA news agency. At the end of last week, the highest gasoline price was recorded in Tallinn, followed by Riga and Vilnius.…
The Ministry for Communities and Territories Development of Ukraine and the Ministry of Transport of Norway have agreed to extend the liberalisation of freight transport until March 2027. The decision was made in light of the extension of the Road Transport Agreement between Ukraine and the European Union. The liberalisation of freight transport – the…
Ukrainian President Volodymyr Zelensky in a phone call with Bulgarian Prime Minister Rossen Jeliazkov discussed energy cooperation, security in the Black Sea region, and proposed launching joint weapons production. The head of state reported this on Telegram. “I had a conversation with Prime Minister of Bulgaria Rossen Jeliazkov. We discussed strengthening energy cooperation and agreed…
The number of people unable to afford a standard living decreased last year, but relative poverty among single-parent families and absolute poverty both increased. Relative poverty refers to a situation where a person is not in direct material deprivation but cannot afford the standard of living considered typical in society. According to data from the…
Lithuania’s public debt is expected to reach 42.6% of gross domestic product (GDP) this year and rise faster than previously forecast, surpassing half of GDP by 2028, the National Audit Office reports. According to updated projections, government debt is set to climb to 53.8% of GDP until 2028, a level higher than assumed in Lithuania’s…
During his working visit to Latvia, Minister of Defence of Ukraine Denys Shmyhal held talks with Latvian Minister of Foreign Affairs Baiba Braze and Speaker of the Saeima Daiga Mierina. Discussions focused on the importance of reinforcing air defence capabilities. The Ukrainian minister shared Ukraine’s experience in establishing a multi-layered air defence system and confirmed…