OTP Bank has signed an agreement to acquire Luminor, the third-largest banking group in the Baltic region, as it looks to expand its presence in the region. OTP Group is a leading banking group in Central and Eastern Europe, serving 17.5 million customers across 11 countries. It has continued to operate in Russia after the…
Freight and passenger transportation increased across the Eurasian Economic Union (EAEU) during January-May compared with the same period last year. Freight transport in Armenia rose by 12.6%, while growth reached 3.4% in Kyrgyzstan and 1.1% in Belarus. During the same period, total passenger turnover across the EAEU increased by 0.8%. Passenger transport grew by 7.8%…
The Ministry of Economy and Environment of Ukraine presented the draft Law of Ukraine “On the Taxonomy of Sustainable Economic Activities and Sustainable Investments”. This is an important step towards the formation of a modern system of sustainable financing in Ukraine and the harmonization of national legislation with European approaches. The event took place on…
The implementation of the joint Ukrainian-Danish Strategic Sectoral Cooperation (SSC) project in the field of food and agriculture was discussed during the meeting of Deputy Minister Taras Vysotsky with the delegation of the Kingdom of Denmark. The parties summed up the implementation of the SSC Work Plan, discussed the results of already implemented measures and…
Bulgarian companies are among the least indebted in the European Union, according to the latest Eurostat data for the end of 2025. Corporate debt among non-financial enterprises in Bulgaria stands at 45% of gross domestic product, significantly below the EU average of 70.1% and the euro area average of 71.6%. Based on this indicator, Bulgaria…
Tallinn Airport servived 373,000 passengers in June, setting a new all-time record. At the same time, travel agencies say they are seeing fewer customers and attribute the decline to the economic situation. “We have never seen a figure like this in June before,” said Eero Pargmae, member of the management board of Tallinn Airport. He…
Companies exporting fish and fish products from Armenia to the European Union will be required to undergo inspections by the Food Safety Inspectorate and register in the EU’s TRACES control system. The corresponding draft regulation has been approved by the Armenian government. Armenia received official authorization on March 16, 2025, to export scaled fish and…