Kaspar Oja, an economist at the Bank of Estonia (Eesti Pank), said government sector spending had increased in Estonia as well as in other European countries over the past five years. In Estonia and elsewhere in Eastern Europe, the growth has been sharper, partly because of higher defense spending. In Estonia, government sector expenditures have…
Lithuanian Prime Minister Inga Ruginiene has reiterated her belief that a four-day workweek is part of the future of work, but experts say there is still a long way to go. LRT Brussels correspondent Milda Vilikanskyte noted that the idea of a four-day workweek gained support during the Covid-19 pandemic, when remote work blurred the…
To boost Estonia’s competitiveness, an expert panel recommends adjusting electricity taxes for businesses, limiting non-dispatchable renewables and investing in controllable power. The competitiveness expert panel, convened by the Riigikogu Economic Affairs Committee, has produced a report on Estonia’s economic prospects, opportunities and challenges, along with forward-looking policy recommendations. The group analyzed key areas including the…
The Ministry of Defence of Ukraine has begun deploying the Impulse digital personnel accounting and management system. It is the first tactical-level digital system designed to operate in every military unit of the Armed Forces of Ukraine. The purpose of the Impulse system is: – Personnel offices and personnel services maintain daily records of service…
Bread prices in Ukraine continue to rise every month, with forecasts suggesting that until the end of 2025, they will increase by 11-23%, depending on the type of product, Svitlana Cheremisina, Doctor of Sciences (Economics), Chief Researcher at the Agrarian Market and International Integration Department of the National Scientific Center “Institute of Agrarian Economics,” has…
Facing labor shortages, Estonia may soon let companies hire skilled foreign workers in certain sectors outside the country’s strict annual immigration quotas. Under the planned changes to the Aliens Act, sectors facing labor shortages – currently manufacturing, transportation, and warehousing – could more easily hire skilled foreign workers, who must be paid at least 80%…
Lithuanian Foreign Minister Kestutis Budrys on September 19 inaugurated the Lithuanian Central Project Management Agency’s (CPMA) office in Kyiv, saying the move would strengthen Lithuania’s contribution to Ukraine. “We continue with reconstruction projects, with humanitarian assistance,” Budrys told a joint press conference with his Ukrainian counterpart, Andriy Sybiha. “I am here to open the office…