Wines made in the Republic of Moldova won 66 medals at the 33rd edition of the Concours Mondial de Bruxelles 2026, held in Yerevan. Moldova thus recorded the best performance among all participating countries that presented more than 100 wines, with a success rate of 52.4%, or 66 medals out of 126 wines entered. Of…
The National Bank of Slovakia (NBS), the country’s central bank, has long been warning about the worsening affordability of housing in Slovakia. This is the result of continuously rising property prices, which real wages have failed to keep pace with. Housing loans and building loans to Slovak households reached EUR 49.4 billion at the end…
Latvia’s Economy Minister Viktors Valainis met with representatives of the Latvian Stevedoring Companies Association on June 10 to discuss key challenges facing the port sector, opportunities for attracting investment, port governance reform, the competitiveness of Latvia’s transit corridor, and support instruments for business development, the Ministry of Economics reported. The discussions focused particularly on the…
Ukraine has received EUR 236 million in loan financing under the World Bank’s PEACE in Ukraine project (“Public Expenditures for Administrative Capacity Endurance”). The financing was provided by the International Bank for Reconstruction and Development (IBRD) under a guarantee from the Government of the Kingdom of Sweden. The funds have been directed to the general…
In January-May, local budgets received almost 231.3 billion UAH in taxes and fees, 15.1% more than in the same period last year. This was reported by the Acting Head of the State Tax Service Lesya Karnaukh. “Local budgets are not dry numbers. These are changes that we feel and see in communities every day. These…
The parliamentary Budget and Finance Committee has approved the government’s proposal to raise the national debt ceiling to 3.8 billion euros. The measure passed with 13 votes in favor, three against, and five abstentions. During the discussion, Deputy Prime Minister and Finance Minister Galab Donev defended the proposal, linking the increase to upcoming obligations under…
The number of foreigners working in Poland rose by 7.2% last year, to reach 1.14 million, new data from Statistics Poland (GUS), a state agency, showed. Immigrants now make up almost 7% of all workers. Ukrainians remain by far the largest group, representing over two thirds (67.6%) of foreign workers. However, the nationalities that saw…