Losses among regional public transport operators in Latvia could reach 6.95 million euros this year, according to Ivo Osenieks, president of the Latvian Passenger Transport Association (LPPA). The association has sent a letter to parliamentary party factions, calling for meetings with regional carriers to find solutions to the chronic underfunding of public transport – a…
Payments for August under the National Cashback programme have begun. In the coming days, participants will receive UAH 509 million from the state. This is a record monthly compensation for purchases of domestically produced goods since the programme’s launch. The payout amount is nearly one-and-a-half times higher than last year: August 2024 – UAH 342…
Lviv authorities have released details of the project to build the European-gauge rail line Sknyliv-Mostyska, for which Ukraine has received EUR 73.7 million in EU grant funding. This was reported by the Lviv Regional State Administration. The project provides for the reconstruction of the existing 1520 mm railway track into the 1435 mm European gauge,…
It is a paradox that ultimately hurts the customer. Although the value-added tax (VAT) on food served in restaurants fell to a historically low 5%, prices not only failed to drop but were now rising by almost 10%. A new analysis by the Institute for Financial Policy at the Finance Ministry (IFP) suggests that the…
Burgas Airport will close for major renovation, with operations set to resume on May 1, 2026. The airport is entering a six-month period of runway reconstruction and apron upgrades, marking a significant infrastructure investment of 50 million euros by its German concessionaire, Fraport. The closure coincides with the 19th anniversary of the start of the…
Prime Minister Alexandru Munteanu on November 10 had a meeting with Giuseppe Grimaldi, head of the European Bank for Reconstruction and Development (EBRD) operations in Moldova. The officials examined the progress of projects implemented with EBRD’s support, aimed at rehabilitating roads and enhancing energy security. Prime Minister Alexandru Munteanu emphasized the importance of the cooperation…
Over the past week, within the framework of the state program “Affordable Loans 5-7-9%”, representatives of micro, small and medium-sized businesses received 820 preferential loans from authorized banks for a total amount of UAH 2.6 billion, in particular, from state-owned banks – 530 loans for UAH 1 billion. Since the beginning of 2025, under the…