In 2025, employment in the European Union’s information and communication technology (ICT) sector reached 3.4 million people, reflecting continued expansion of the industry across the bloc, according to Eurostat data. The figure marks an increase of 5.1% compared with 2024, when around 3.2 million specialists were employed in ICT-related roles. Despite this growth, the sector…
The war risk insurance program shifts from launch to the first actual payouts. Four Ukrainian companies have already received partial compensation for insurance premiums under property insurance contracts covering war risks. Ukrainian Prime Minister Yulia Svyrydenko announced this. Thanks to Government’s support, they have managed to reduce the cost of insurance from an average of…
Over the past week, entrepreneurs issued 913 new loans for UAH 4.0 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 businesses in high military risk zones – plus…
The economy of Moldova might record growth of around 2% in 2026, but inflationary pressures will stay high, especially due to rising energy and oil prices. Governor of the National Bank of Moldova (BNM), Anca Dragu has resented estimated to this effect, at a conference dedicated to the financial and banking sector. Anca Dragu emphasized…
Last week, Ukrainians received 173 new loans worth 350.6 million UAH under the eOselia affordable loans program. Of these, loans at 3% were received by: – 71 military personnel and representatives of the security sector; – 13 teachers; – 9 doctors; – 6 scientists. Loans at 7% were received by: – 38 Ukrainians without their…
Sunny Beach, Bulgaria’s largest seaside resort, is heading into the summer season facing significant operational challenges, with many hotels still closed and those already open struggling with severe staff shortages just days before the first expected tourist arrivals. Industry representatives said that the sector continued to be hit by a shrinking season and growing difficulties…
A bill is currently at the Riigikogu which, if it passes, will allow 16- and 17-year-old wait staff to serve alcoholic drinks. Proponents say the change will give employers more flexibility and expand youth job opportunities. At present, the minimum age at which staff can serve alcohol is the same as the legal age to…