Poland’s state National Development Bank (BGK) and the European Union’s European Investment Fund (EIF) have announced their first investments under a joint programme that funds Polish companies operating in the advanced technology sector. They are providing EUR 85 million (365 million zloty) to three Polish venture capital funds that specialise in identifying and financing early-stage…
According to the Estonian Ministry of Finance forecast published on April 2, growth will be driven by stronger private consumption-supported by changes to the income tax system-along with improving external demand that will stimulate corporate investment, and increased government spending. The ministry projects real GDP to grow by 2.3% this year and by 2.5% in…
One of the largest China-linked companies operating in Slovakia, Bluefin Century, has filed for bankruptcy, signalling a sudden exit from a market where it had generated tens of millions of euros in annual revenue. The company, which for years ranked among Slovakia’s biggest distributors of IT hardware, asked a court to open insolvency proceedings through…
The Cabinet of Ministers of Ukraine has approved a resolution drafted by the Ministry for Communities and Territories Development stipulating for an increase of the authorized capital of the SI “Energy Efficiency Fund” by UAH 629.7 million. As a result, the Fund’s authorized capital will exceed UAH 3.6 billion, enabling increased funding for a range…
The global giants of the digital market are increasing the volume of VAT payments to the state budget. In the first quarter of 2026, revenues from the “Google tax” amounted to UAH 4.5 billion. This was reported on her Facebook page by the Acting Head of the State Tax Service Lesya Karnaukh. “The dynamics are…
The Economic Development and Digitalization Ministry (MDED) estimates a 2.2% growth in the Gross Domestic Product (GDP) in 2026, followed by a gradual medium-term acceleration to 4.2% in 2029. This trajectory will be supported by the implementation of structural reforms and investment projects envisaged in the EU-backed Growth Plan. According to MDED, the outlook for…
Representatives of the hotel and restaurant sector in Bulgaria are calling for a reduced VAT rate of 9%, arguing that rising fuel prices are putting serious pressure on their businesses. According to industry organizations, such a measure is necessary to avoid closures and stabilize the sector during a period of growing costs. They warn that…