Kyiv City Council approved the transfer of financial assistance to two cities of Ukraine – Kryvyi Rih and Konotop. The relevant agreements were signed on May 2. Such decisions were made on May 15, at a plenary session of the Kyiv City Council. Thus, the Kryvyi Rih city territorial community will receive 8 million hryvnias…
As of April 1, the old external loan debts of Ukrainian enterprises reached about $21 billion, of which $14 billion is the principal amount and over $7 billion is interest. The relevant statement was made by National Bank of Ukraine (NBU) Governor Andriy Pyshnyy. “The old external loan debts of enterprises are colossal. As of…
At the start of 2025, Slovak households began to feel the full impact of government austerity measures aimed at consolidating public finances. A hike in value-added tax (VAT) and a cut to the child tax bonus have pushed up inflation, further eroding household purchasing power. The anticipated tax increases prompted many families to stock up…
On the sidelines of the 34th EBRD Annual Meeting and Business Forum, taking place in London, Ukraine’s Minister of Finance, Sergii Marchenko, took part in the Plenary Session of the EBRD Board of Governors and delivered a speech. The Minister of Finance of Ukraine serves as the EBRD Governor for Ukraine. Sergii Marchenko expressed gratitude…
During a meeting of EU energy ministers in Warsaw, Ukraine’s Minister of Energy German Galushchenko held bilateral talks with France’s Minister of Industry and Energy Marc Ferracci. The parties discussed areas of cooperation to enhance Ukraine’s energy resilience and strengthen energy security. The head of Ukraine’s Ministry of Energy expressed gratitude to France for the…
Prime Minister Rosen Zhelyazkov, accompanied by his three deputy prime ministers, delivered a comprehensive progress report on the implementation of the government’s policy agenda. In a media statement, Zhelyazkov emphasized that the government’s program was adopted in record time – just 38 days after the cabinet took office – and outlined the main goals and…
As part of its fiscal consolidation efforts, the Slovak government introduced a tax on sugary drinks and syrups earlier this year. The move has led to a steep rise in prices – by 30% to 50% for soft drinks, and in some cases, syrup and juice concentrate prices have doubled compared to the previous year.…