Ukraine: Economy Ministry approves another 30 grants worth UAH 168.7 million for processing enterprises

The Ministry of Economy, Environment, and Agriculture of Ukraine has approved 30 new applications for the total amount of UAH 168.7 million under the Grants for Processing Enterprises program. Funding is provided on a co-financing basis-the state compensates up to 80% of the project cost, with the entrepreneur investing the rest. The program is implemented…

Ukraine: Government provides even more support for businesses in frontline regions

On October 10, the Cabinet of Ministers of Ukraine adopted a resolution “On Amendments to the Procedure for Providing Financial State Support to Business Entities,” which expanded the scope of the state program “Affordable Loans at 5-7-9%.” The decision will allow entrepreneurs from frontline regions to access financing and refinance existing loans on preferential terms.…

Latvia: pension system will become stricter

The government has approved amendments prepared by the Ministry of Defence to the Military Service Law and the Service Pensions for Military Personnel Law, which will gradually increase the maximum age for active military service for certain categories of soldiers. The amendments, developed at the Cabinet’s request, are intended to extend the maximum age limit…