The Ministry of Finance expects wage growth to reach 9.1% in 2025, largely driven by the recent increase in the minimum wage and wage hikes in certain public sector roles. However, wage growth is anticipated to slow significantly in the coming years, with projections indicating a drop to 5% in 2026, accompanied by an expected…
Since the beginning of 2025, businesses have received 4,817 soft loans under the Affordable Loans at 5-7-9% programme totalling UAH 21.9 billion. Since the launch of the programme in February 2020, businesses have taken 108,500 loans worth UAH 381.9 billion. Last week, Ukrainian entrepreneurs received 1,090 soft loans worth UAH 10.2 billion. “In spring, preferential…
The Minister of Energy of Ukraine German Galushchenko met with Director General of the International Atomic Energy Agency Rafael Grossi. The parties met in Vienna, Austria, where the IAEA Board of Governors was meeting. After three years of russia’s full-scale aggression against Ukraine and the russian occupation of the Zaporizhia NPP, threats to nuclear and…
In 2023, women held 3.7 million management positions across the European Union, marking an increase from 3.1 million in 2014, as reported by Eurostat based on the EU’s labor force survey. Although women make up nearly half of the EU’s workforce (46.4%), their representation in management positions stands at 34.8%. This reflects progress from 2014,…
The impending change of ownership of supermarket Rimi is unlikely to have a major impact in Estonia, as competition among retail chains is tight, the board chair of competitor Coop said. Swedish retail group ICA Gruppen this week announced that it was selling its Rimi stores in Estonia, Latvia and Lithuania to Danish retail giant…
A nationwide information campaign on Bulgaria’s adoption of the euro is set to launch this month, Finance Minister Temenuzhka Petkova has announced during a parliamentary session. She stated that the delays in the preparation and awarding of public procurement for communication activities had largely been resolved, paving the way for the campaign’s official rollout. Petkova…
The Government has adopted a number of decisions that will help accelerate the restoration of communities in Ukraine. This was announced by Prime Minister Denys Shmyhal during a meeting of the Cabinet of Ministers on March 7. In particular, according to the Head of Government, an additional UAH 5 billion has been allocated for recovery…