Over the past week, entrepreneurs issued 844 new loans for UAH 3.85 billion within the framework of the state initiative “Affordable Loans 5-7-9%. The program is a component of the “Made in Ukraine” manufacturer development policy. The largest increase in the amount of loans issued fell on lending to the processing industry – plus UAH…
Latvia’s unemployment rate stood at 6.5% in April, exceeding the average levels recorded both in the European Union (EU) and the eurozone, according to data published on June 1 by the EU statistical office Eurostat. Among EU member states, higher unemployment rates in April were recorded in Finland (10.6%), Spain (10.3%), Greece (9.5%), Sweden (8.6%),…
Bulgarian MP from “Progressive Bulgaria” Vladimir Nikolov said that major retail chains had indicated readiness to reduce prices by around 15% following discussions with authorities and stakeholders. He stated that the sector had already presented a framework for implementing lower prices across key goods. “The chains have already come up with a plan on how…
The Cabinet of Ministers of Ukraine has adopted a resolution that marks the first practical step in the reform of the State Labour Service of Ukraine. The document updates the Regulation on the State Labour Service, clarifies its powers, removes overlaps with other public authorities, and lays the groundwork for further regulatory and digital reforms.…
Ukraine maintains a controlled debt dynamic even amid the full-scale war: since the beginning of 2026, the state and state-guaranteed debt has decreased by over EUR 190 million. At the same time, the structure of the debt portfolio remains predominantly concessional and long-term, while the share of state-guaranteed debt continues to decline. As of April…
Bulgaria ranks first in Europe when it comes to how much of a 100,000-euro annual salary employees actually keep after taxes and social security deductions, according to a comparative analysis covering 31 European countries. The study examined net income levels across all EU member states, along with the United Kingdom, Switzerland, Norway, and Turkey. It…
The Baltic countries agree that clock changes should be abolished and that permanent summer time should be adopted. However, since Finland would prefer permanent wintertime, Estonia does not want to create a time difference with them, meaning no decision is expected in the near future. The idea of ending clock changes in Europe dates back…