Prime Minister of Ukraine Sergii Koretskyi met with journalists from leading media outlets for a detailed discussion on the state of public finances. One of the main topics of the meeting was the shortfall in funding for defense needs. The Prime Minister explained the reasons behind the shortfall, possible steps to address it, and the…
Slovakia is extending its temporary 50% fare cut from trains to regional buses and city transport, as the government responds to high fuel prices and tries to encourage more people to use public transport. Train fares for paying passengers will be halved from October 1. Regional buses and public transport in Slovakia’s eight regional capitals…
The Armenian government plans to obtain a EUR 250-million credit line from the French Development Agency. The corresponding draft decision has been included on the agenda of the government’s October 1 meeting. The loan to Armenia will also be financed by the Asian Development Bank. The loan program aims to ensure quality and sustainable public…
The Ministry of Economy and Environment of Ukraine and the European Bank for Reconstruction and Development (EBRD) have signed a Letter of Intent on cooperation in the field of development of innovative technologies in Ukraine. The document defines the key areas of joint work for the next five years. The signing took place during the…
Amid Russian attacks on digital infrastructure, the Government has allocated UAH 518.3 million from the State Budget’s reserve fund to enhance backup IT systems used by state authorities. This was announced by Prime Minister of Ukraine Sergii Koretskyi. “The funds will be used to create geographically separated backup environments and sites, cloud infrastructure, and to…
Slovakia’s central bank has revised its assumptions about Ukrainians who fled the war, as more find work and move into higher-skilled jobs. Previous forecasts by the National Bank of Slovakia (NBS) assumed the war would gradually end and some Ukrainians would return home. The bank now expects the conflict to continue throughout its forecast period,…
Deputy Prime Minister Mher Grigoryan has met with the newly appointed French Ambassador Florian Escudie, discussing opportunities to develop the strategic partnership and trade and economic cooperation. The two also exchanged views on opportunities to expand the presence of France-backed companies in Armenia’s economy. The deputy prime minister welcomed and congratulated the ambassador on his…