Slovakia has largely exhausted the financial buffer that helped it respond to previous crises and could face much more painful choices when the next downturn comes, the country’s independent budget watchdog has warned. Public debt reached 61.4% of GDP in 2025, well above the level of less than 50% that the Council for Budget Responsibility…
Wolfram Europa will invest EUR 200 million to build an explosives and warhead manufacturing complex near Jekabpils, Latvia, with production set to begin in 2027. The 40-hectare facility will be built on land secured under a long-term agreement with Latvia’s State Forests (LVM). Construction and production are planned in three phases beginning in 2027, with…
The State Tax Service, together with international partners, is working on new effective measures to improve cybersecurity. The Head of the State Tax Service, Lesya Karnaukh, and the Executive Director of the Estonian Center for International Development ESTDEV, Andrea Kivi, signed a Memorandum of Cooperation. The cooperation entail: – Modernization of the cyber infrastructure of…
Russian forces struck Naftogaz Group-operated Kherson CHP with a glide bomb. As a result of the attack, the city’s main source of heating has sustained serious damage. Experts will be able to assess the full extent of the damage as soon as the security situation allows. “Kherson CHP is an exclusively civilian facility,and its primary…
Nearly 2,000 Panasonic workers in Slovakia are set to get a new employer after the Japanese group agreed to sell part of its European business to two investment firms. Midas Atlantic Partners, together with US-based The Najafi Companies, will acquire the European division that includes Panasonic Industrial Devices Slovakia, which operates plants in Trstena in…
Revenues from parking fees for vehicles increased by 14.1% in January-July compared to the same period last year. Over seven months, UAH 136.5 million was paid to local budgets against UAH 119.7 million in 2025. The largest revenues were provided by payers in : – Odesa region – UAH 46.5 million; – Lviv region –…
Last week, Ukrainians received 159 new loans worth UAH 338 million under the eOselia affordable loan program. Of these, loans at 3% were received by: – 50 military personnel and representatives of the security sector; – 29 veterans; – 10 teachers; – 9 doctors; – 2 scientists. Loans at 7% were received by: – 34…