Russians are buying less butter after its sharp price increase. In January-September 2025, sales of the product in physical terms fell by 12% year-on-year, to 210,400 tons, but in monetary terms they rose by 17%, to 216.8 billion rubles. This follows from the data of the analytical company NTech, which cites “Vedomosti”. In “Magnit”, they…
On January 22, Deputy Minister of Finance of Ukraine for European Integration Yuriy Draganchuk met with representatives of the Japan International Cooperation Agency (JICA) and the Business Development Fund (BDF). The parties discussed prospects for financial and technical cooperation aimed at supporting small and medium-sized enterprises (SMEs) in Ukraine, as well as possible instruments for…
Lithuania’s government debt reached EUR 33.6 billion in the third quarter of last year, equivalent to 40.7% of the country’s gross domestic product (GDP), one of the lower ratios in the European Union, Eurostat data showed. By comparison, Latvia’s government debt stood at EUR 19 billion, or 45.2% of GDP, while Estonia’s debt totalled EUR…
Communities will receive UAH 740.3 million to implement 119 recovery projects in communities, with the support of the European Investment Bank. The Government approved the distribution of subventions for local budgets. This is the next stage of financing within the framework of the Recovery Program of Ukraine III. The funds will be directed to the…
Ukraine and Romania have agreed on a joint infrastructure project for the development of border communication in the “Porubne – Siret” direction, which will be implemented with funding from the European Union within the framework of the SAFE (Security Action for Europe) mechanism. The relevant protocol between the parties was signed in order to synchronize…
Bulgaria’s transition to the euro is proceeding smoothly, marking a major step in the country’s full integration into the European Union, according to an analysis by the Fiscal Council. The Council notes that the adoption of the single currency benefits from particularly favorable conditions. Bulgaria’s long-standing currency board and fixed exchange rate have minimized the…
Restaurants in Latvia are currently in a very difficult situation, says Janis Jenzis, head of the Latvian Restaurant Association (LRA). He noted that another Michelin-recommended restaurant, Barents, had announced its closure, which clearly showed that at the beginning of the year the catering industry and restaurants were facing serious hardship. Jenzis added that difficulties in…