The draft Labour Code of Ukraine introduces new provisions that expand opportunities for legal flexible employment while strengthening the protection of workers’ dignity. The document establishes clear rules for new work formats and aims to adapt labour relations to modern conditions. According to Daria Marchak, Deputy Minister of Economy, Environment and Agriculture, the introduction of…
The debureaucratization measures for the business environment, adopted by the authorities at the end of last year will generate estimated annual savings of about 265 million lei, with visible effects starting in 2026. Deputy Prime Minister, Minister of Economic Development and Digitalization Eugeniu Osmochescu made the statement. The official pointed out that the deregulation package…
In 2024, about 68% of households across the European Union were owner-occupied, a slight decline from 69% in 2023, according to Eurostat data. The remaining 32% of the EU population lived in rented homes, up from 31% the previous year. Home ownership rates varied significantly across the EU. Romania led with 94% of households living…
The Cabinet of Ministers of Ukraine has approved a draft law developed by the Ministry of Justice “On Amendments to the Code of Ukraine on Bankruptcy Procedures to Introduce Simplified Procedures for Micro-Enterprises and Small Enterprises”. The document was prepared in fulfilment of step 3.7 of the Ukraine Facility and aims to create a more…
The Cabinet of Ministers of Ukraine has approved the budget of the Pension Fund of Ukraine for 2026. The total volume of revenues and expenditures will amount to UAH 1,263.3 billion. “The Pension Fund budget for 2026 is balanced and deficit-free, and it ensures timely financing of all social payments provided for by law. At…
Estonian supermarket chains are increasingly stocking and selling products under their own private labels. However, according to the Estonian Food Industry Association, the continued expansion of these owned brand goods may pose a risk to domestic producers. Private label or own-brand products are made to order for retail chains, carry the store’s own branding and…
The practical aspects of certifying force majeure and their impact on the possibility of exempting taxpayers from liability for violations of the law were discussed during a meeting between the Deputy Head of the State Tax Service, Teodozia Chernetska, and representatives of the Chamber of Commerce and Industry of Ukraine and its regional divisions. The…