Iute Group, a banking group founded in Estonia, has won Ukraine’s state-organized tender to create a digital bank. Final approval will be given later this month. Iute has won Ukraine’s state-organized tender conducted by Deposit Guarantee Fund to take over selected assets and deposit liabilities of RWS Bank, a Ukrainian bank with over 30 years…
2025 was a landmark year for public investment management (PIM) reform in Ukraine. The Ministry of Economy, Environment, and Agriculture of Ukraine, together with international partners and authorities at the central, regional, and local levels, completed the development of the fundamental architecture of PIM, which would help strategically invest in the country’s future. “PIM reform…
The increase in VAT, the introduction of a «technological levy» and mandatory labeling, as well as a global shortage of RAM, promise Russian consumers a sharp rise in the prices of technology and gadgets in 2026. Smartphones may become more expensive by about 10%, and laptops by 20-30%, Forbes was told by representatives of retailers…
2026 started with a massive increase in prices for new cars. January kicks off with price adjustments in price lists, the scale of which will become clear by the end of the first working week, but it’s already clear that the increase will be widespread and long-term, writes the general director of the analytical agency…
As of the beginning of 2026, under the state program Affordable Loans at 5-7-9%, representatives of micro, small, and medium-sized businesses received 30,053 preferential loans from authorized banks for a total amount of UAH 93.9 billion. Of these, 20,873 loans worth UAH 48.8 billion were provided by banks in the public sector of the economy.…
The owner of an undersea telecommunications cable connecting Lithuania and Latvia damaged on January 2 says it expects to complete repairs within the next couple of weeks. A spokesman for Arelion, a telecommunications company owned by Swedish infrastructure investment firm Polhem Infra, said that repair work had already been planned but would depend on weather…
All indices on the Bulgarian Stock Exchange opened strongly in their first session measured in euros, showing gains across the board. At a ceremonial event marking the start of trading, Manyu Moravenov, executive director of the exchange, expressed optimism about the year ahead for Bulgaria’s capital market. Moravenov highlighted that the Bulgarian Stock Exchange was…