On September 17, the State Property Fund of Ukraine (SPFU) presented the Land Bank project, which would transform the market of state agricultural land. The event was organised by the SPFU in partnership with the USAID / UK aid State-Owned Enterprises Reform Activity (SOERA) project. The presentation was attended by representatives of the Parliament, the…
The Bank of Lithuania on September 17 condemned the International Monetary Fund’s decision to resume economic consultations with Russia, saying that it fully supported the position voiced in a protest letter by the Baltic, Nordic and Polish finance ministers. Gediminas Simkus, the central bank’s governor and Lithuania’s representative on the IMF Board, said in a…
On September 10, the second meeting of the Strategic Investment Council was held under the chairmanship of Prime Minister of Ukraine Denys Shmyhal. The main topic of the meeting was the adoption of the Unified Portfolio of Public Investment Projects and the formation of a list of priority projects for financing in 2025. “The Unified…
The Export Credit Agency (ECA) has signed the first war risk insurance contract for an investment loan. This was announced by First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko during the event “Economic Policy of Ukraine. Recovery During the War” in Kyiv on September 16. She noted that war risk insurance…
Bulgaria has committed to phasing out coal until 2038, a reminder included in the European Commission’s annual report on energy across the EU and individual member states. The report highlights that through the Just Transition Fund, Bulgaria could access 1.12 billion euros to support the social and economic impacts of closing coal plants in Kyustendil,…
On September 11, Slovakia’s parliament passed a new bill introducing a tax on sugary drinks. The base rate is set at 15 cents per litre for standard sweetened soft drinks, such as colas, with special rates applied to energy drinks and syrups. The legislation was backed by coalition members, while opposition MPs either abstained or…
Approximately 10% of individuals who previously qualified for home loans would no longer be eligible under new regulations set by the Bulgarian National Bank (BNB), according to brokers’ estimates. This change predominantly impacts those with incomes below the national average. The BNB has implemented stricter conditions for loan approvals by commercial banks. One significant new…