Minister of Defence of Ukraine Denys Shmyhal stated that over the past three months, the Ministry of Defence concluded 20 contracts under the “Danish model.” The total value of these contracts with partner countries’ defence entities and manufacturing companies amounted to EUR 1.4 billion. “In total, EUR 427.8 million has been disbursed to Ukrainian manufacturers…
The new government has a well-developed plan of actions for the country’s economic development, and the first measures that can be implemented in a 100-day period could lead to achieving an economic growth of up to 1-2%. The designated Minister of Economic Development and Digitalization Eugen Osmochescu has made statements to this effect. “We already…
Prices in Estonia have eased for the second month in a row, and analysts expect the slowdown to continue next year even as the country still leads the euro area in inflation. According to preliminary data from Statistics Estonia, prices in October stayed level with September. On year, the consumer price index (CPI) rose by…
Following a trip to Rivne region and at the request of businesses, the Government has taken a decision to temporarily ban the export of unprocessed timber. “This is a necessary step to look after people during the winter, preserve the operations of our enterprises, and reduce the burden on the environment,” stressed the Prime Minister.…
Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Taras Kachka met with a delegation from the United Nations Industrial Development Organization (UNIDO). The delegation was led by Yuko Yasunaga, Deputy to the Director General and the Managing Director of the Directorate of Corporate Services and Operations. It also included Stephan Sicars, UNIDO Senior…
The government has submitted the draft Energy Economy Development Plan 2035 (ENMAK) to the Riigikogu for debate. The plan aims to guarantee energy security, increase Estonia’s competitiveness and contribute to the transition to a clean energy economy. Minister of Energy and the Environment Andres Sutt (Reform) said that Estonia’s energy system needed to be modernized…
Vilnius Airport temporarily halted operations on October 30 evening due to a reported threat from weather balloons launched from neighbouring Belarus, officials said. According to Lithuanian Airports, air traffic was suspended shortly after 20:00 local time, with airspace restrictions in place until 23:10. The measures were later extended until 01:05, but at 22:45 the airport…