Estonia, Latvia and Lithuania are purchasing up to 20 regional trains for the Rail Baltica route. The locos will operate on the Rail Baltica line, solely within their home country and stopping at local stations. The joint procurement was announced in March and will see Lithuania ordering up to eight trains, Estonia between five and…
The Ministry of Finance of Ukraine and the European Investment Bank (EIB) held the annual review of their joint loan portfolio. The event took place in Kyiv, chaired by Deputy Minister of Finance Olga Zykova and the Head of Regional Hub for Eastern Europe Kristina Mikulova, with the participation of European Commission delegates. The EIB…
The creation of new markets and the technological upgrading of Ukraine’s economy, the integration of Japanese technologies into Ukrainian production, and “smart” demining were among the topics discussed during a meeting on May 20 between Minister of Economy, Environment and Agriculture of Ukraine Oleksii Sobolev and JICA Vice President Yuko Mitsui. The visit marked Yuko…
Moldova is outlining new development directions in the field of renewable energy and electricity storage, projects considered essential for modernizing the energy infrastructure and strengthening the country’s energy security. These initiatives are part of a broader cooperation package discussed during a meeting between Deputy Prime Minister, Foreign Affairs Minister Mihai Popsoi and President of the…
The European Commission’s spring forecast points to a weaker-than-expected economic outlook for both Bulgaria and the wider eurozone, coupled with higher inflation pressures across the region. According to the report, the slowdown is driven by a mix of fiscal strain in member states and external shocks, including the ongoing conflict in the Middle East, which…
The Estonian Hotel and Restaurant Association calls on the government to regulate short-term accommodation platforms to ensure fair market competition for hotels. Data from Statistics Estonia show that nearly 2 million overnight stays were booked through accommodation platforms last year – about a quarter more than before the COVID-19 pandemic. According to Kulli Kraner, executive…
299 billion hryvnias of income were declared by citizens of Ukraine for 2025. In total, almost 176 thousand declarations of property and income were submitted. This is 103% compared to last year’s campaign. This was reported on her Facebook page by the Acting Head of the State Tax Service of Ukraine, Lesya Karnaukh. The most…