The head of Slovakia’s state-owned gas utility SPP has resigned unexpectedly after two years in charge, stepping down from both his role as director general and chair of the board. Vojtech Ferencz gave no reason for his departure, which was first reported by the SITA news agency and confirmed by Economy Minister Denisa Sakova. “I…
Supermarkets told ERR that if VAT were lowered on food, they would pass on the savings to customers. The government has previously said retailers will pocket the difference themselves. Estonia’s VAT rate rose to 24% on July 1 and there are no exemptions on food products, unlike in many other European countries. A petition calling…
Construction of the long-delayed National Stadium and multipurpose complex in Vilnius is picking up pace after resuming in July, city officials say, though questions remain over permits and transparency. The project, overseen by developer Hanner under a concession agreement, includes an 18,000-seat stadium, a football-training field, conference halls, an athletics stadium, a kindergarten and a…
On September 3, the Ministry of Economy, Environment and Agriculture of Ukraine held two meetings with business representatives: one at the Cabinet of Ministers Club with leading business associations and another at the President’s Office with the Council for Entrepreneurship Support. Discussions focused on further deregulation steps and a new framework for state-business interaction. “We…
The Government has adopted a decision to improve the water supply system in Mykolaiv region. The corresponding resolution, “On Amendments to Annex 2 of the State Targeted Programme for Comprehensive Water Supply to Territories Affected by Military Operations until 2030”, was approved at a Government meeting. According to the document, the Cabinet of Ministers has…
In July, Latvia’s unemployment rate stood at 6.6%, higher than the European Union (EU) and euro area averages, according to data published on September 1 by the EU statistics office Eurostat. Among EU member states, higher unemployment rates in July were recorded in Spain (10.4%), Finland (9.5%), Sweden (8.7%), Greece (8%), France (7.6%), Estonia (7.2%)…
The Food Industry Association has written to the prime minister, saying stores are increasingly stocking cheaper foreign goods, disadvantaging domestic producers. The association told the prime minister and finance minister that there had been a 7% rise in foreign goods on supermarket shelves over the last year. “This means that a growing share of the…