A 2023 reform let long-tenured workers quit early on favourable terms, straining public finances and draining key sectors of experienced staff. Slovakia’s decision to relax early retirement rules in 2023 triggered a mass exit from the workforce and saddled public finances with lasting costs. Former labour minister Milan Krajniak introduced a reform allowing anyone with…
Estonia’s self-sufficiency in pork production is expected to fall from 72% to just 39% next year as a result of the recent African Swine Fever (ASF) outbreak. The gaps in store shelves will need to filled by imported meat for at least a couple of years. Ten years ago, during the first outbreak of ASF,…
On September 9, a meeting took place between representatives of the Ministry of Economy, Environment and Agriculture of Ukraine and the American Chamber of Commerce in Ukraine (ACC). A similar event had previously been held with the European Business Association (EBA). During these meetings, the ministry’s team presented key opportunities within the investment component of…
Energy Minister Svitlana Hrynchuk discussed the current situation in the Ukrainian energy system and preparations for the heating season with the International Monetary Fund mission. This was reported by the Ministry of Energy on Facebook. Among other things, they discussed the latest attacks by Russian troops on Ukraine’s energy infrastructure. Hrynchuk informed the IMF mission…
Six years ago, Estonia bought millions worth of precision weapons from U.S. arms maker LMT Defense, but the poor-quality batch had to be sent back for repairs. “If an automatic rifle misses the target by 30 centimeters from 300 meters away, then for a precision rifle it’s an absolute nightmare. It in no way meets…
European Union integration means more than just security, Deputy Prime Minister, Minister of Economic Development and Digitization Doina Nistor has said. According to the official, joining the European Union is not only a guarantee for the security of the Republic of Moldova but also an essential economic opportunity for the country’s development. “How do we…
The World Bank has estimated that Ukraine’s reconstruction will require at least 500 billion euros, while Ukraine’s official institutions suggest the figure could be twice as high. The question of how to help Ukraine recover was also discussed by Ukrainian and Ventspils entrepreneurs during an off-site session of Ukraine’s Transport Infrastructure Development Committee, held in…