Economic challenges faced by the eastern border regions must be recognised at the European Union (EU) level, the prime ministers of the three Baltic States agreed on December 12 during a meeting in Riga. The meeting of the prime ministers of the Baltic Council of Ministers, chaired by Latvian Prime Minister Evika Silina (New Unity),…
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable. The agency highlights several factors that continue to support Bulgaria’s position, most notably the forthcoming entry into the euro area, which is expected to bring significant advantages through…
The prime ministers of Lithuania, Latvia and Estonia remain confident that Rail Baltica – the multibillion-euro, European-gauge railway linking the Baltic states with the rest of the EU – will be completed on schedule, and they have vowed to secure the highest possible level of European funding for the project. Lithuanian Prime Minister Inga Ruginiene…
The State Tax Service of Ukraine and the National Tax Administration of Poland have taken another step towards deep international cooperation. Acting Head of the State Tax Service Lesya Karnauch and Head of the National Tax Administration of Poland Marcin Loboda signed a Memorandum of Cooperation. The event was also attended by the Voivode of…
The amount of international aid is currently sufficient to maintain adequate reserves and emission-free financing of the budget deficit, but uncertainty about its future parameters remains. This was stated by the National Bank Governor Andriy Pyshnyi at a briefing. The head of the National Bank (NBU) noted that since the beginning of the year, Ukraine…
Flydubai may divert its new Vilnius flights to Riga if smuggler balloons interfere with operations at the Lithuanian capital’s airport, a senior airline official has said as the carrier prepared to launch its first Dubai-Vilnius service. “We come from a very volatile region ourselves, so we are constantly dealing with crises like this. We have…
Ministries and regional military administrations must ensure the availability of alternative power sources for all critical infrastructure facilities; shorter power outages are expected as soon as this weekend. Prime Minister Yulia Svyrydenko reported this on Telegram following a meeting of the Energy Headquarters, which was attended by relevant ministries, the leadership of energy companies, market…