The United States plans to reduce security assistance to European countries bordering Russia, two informed sources have said. The cuts are part of President Donald Trump’s “America First” foreign policy. His administration has scaled back foreign aid and is urging European nations to shoulder a greater share of their defense costs. The Financial Times was…
A team from Ministry of Economy, Environment and Agriculture of Ukraine, led by Minister Oleksii Sobolev, met with Matteo Rivellini, Head of Ukraine Investment Team at the European Investment Bank (EIB), and Kristina Mikulova, EIB’s Head of Regional Hub for Eastern Europe. The meeting focused on the ministry’s priorities, financing the private sector through the…
Potential avenues for expanding bilateral partnerships, particularly in reconstruction, investment, and agriculture, were discussed during a meeting between Minister of Economy, Environment and Agriculture of Ukraine Oleksii Sobolev and Turkiye’s Ambassador to Ukraine Mustafa Levent Bilgen. “We are keen to see more Turkish businesses operating in Ukraine. Turkish companies are already involved in over 100…
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…