Fitch Ratings has affirmed Armenia’s long-term foreign-currency issuer default rating at BB-, while maintaining a Positive outlook, according to the country’s Ministry of Finance. The agency forecasts that Armenia’s real gross domestic product (GDP) will expand by 5.2% in 2026, well above the projected 2.9% average for countries in the BB rating category. According to…
The draft budget of the capital for 2026 was approved on July 13, in the first and second readings, by the Chisinau Municipal Council (CMC), with a delay of several months. The document was supported by 27 votes. The Action and Solidarity Party (PAS) faction announced that it would abstain from voting, denouncing a lack…
Over the past week, within the framework of the state program “Affordable loans 5-7-9%”, representatives of micro, small and medium-sized businesses received 465 preferential loans from 48 authorized banks for a total amount of 1.7 billion UAH, of which 267 loans from state-owned banks for 0.6 billion UAH. Since the beginning of 2026, under the…
Around half of employees in Slovakia have very little information about their salary, with just a quarter being aware of the salary ranges between positions at the company they work for, while nearly no one has access to information about gaps in pay between men and women. This stems from a survey carried out by…
Over 250 million UAH has already been received by the budget based on the results of more than 15 thousand actual inspections conducted by the tax audit units of the State Tax Service in the first half of 2026. In addition, over 1.6 thousand unregistered employees were identified during the inspections. Thanks to a risk-based…
The Republic of Moldova is joining international efforts to establish a mechanism for compensating the damage caused to Ukraine as a result of the Russian Federation’s aggression. The Parliament has ratified, in first reading, the Convention on Establishment of the International Claims Commission for Ukraine, a document signed in The Hague on December 16, 2025.…
Armenian Economy Minister Gevorg Papoyan said at a government meeting that flower exports had increased. “Yesterday alone, for example, we exported 139,000 flowers. We believe certain mechanisms are already in place that will help resolve this issue,” he said, according to Radar Armenia. Prime Minister Nikol Pashinyan also noted that Armenia had not recorded an…