The number of people unable to afford a standard living decreased last year, but relative poverty among single-parent families and absolute poverty both increased. Relative poverty refers to a situation where a person is not in direct material deprivation but cannot afford the standard of living considered typical in society. According to data from the…
Lithuania’s public debt is expected to reach 42.6% of gross domestic product (GDP) this year and rise faster than previously forecast, surpassing half of GDP by 2028, the National Audit Office reports. According to updated projections, government debt is set to climb to 53.8% of GDP until 2028, a level higher than assumed in Lithuania’s…
During his working visit to Latvia, Minister of Defence of Ukraine Denys Shmyhal held talks with Latvian Minister of Foreign Affairs Baiba Braze and Speaker of the Saeima Daiga Mierina. Discussions focused on the importance of reinforcing air defence capabilities. The Ukrainian minister shared Ukraine’s experience in establishing a multi-layered air defence system and confirmed…
Lithuania has offered Ukraine support with gas supplies during the heating season. This was announced on social media X by President Volodymyr Zelensky following talks with his Lithuanian counterpart Gitanas Nauseda. “A good conversation with Lithuanian President Gitanas Nauseda. Lithuania has been helping us a lot since the beginning of this war, and we greatly…
Poland has the highest rate of employment for Ukrainian refugees among countries in the Organisation for Economic Co-operation and Development (OECD) that received large numbers of people fleeing Russia’s invasion of Ukraine. In its latest migration report, the OECD also notes that Poland has one of the highest rates of employment among immigrants as a…
Latvia has the second most competitive tax system among the member states of the Organisation for Economic Co-operation and Development (OECD), trailing only Estonia, according to the latest International Tax Competitiveness Index published by the U.S. think tank Tax Foundation. Latvia has ranked second in the index for the eighth year in a row. The…
The Government has prepared the draft state budget 2026 for its second reading in the Verkhovna Rada. This was announced by Prime Minister of Ukraine Yulia Svyrydenko following the Cabinet of Ministers meeting on November 5. “All decisions in this document have been developed in the context of the budget’s key priorities – security, defence,…