Employers’ attitudes toward their employees’ participation in national defense activities have been getting more positive in recent years. 2025 was no exception, according to a Ministry of Defense-commissioned survey. The proportion of employers who reported problems relating to employees being away on military service had continued to fall. More and more employers are reporting benefits…
Prime Minister Yulia Svyrydenko stated that in 2025 the “Made in Ukraine” policy provided 0.95% of GDP growth. “The policy of development of Ukrainian manufacturers “Made in Ukraine” provided a tangible result for the economy. According to the calculations of the Ministry of Economy, in 2025 this policy provided 0.95%age points of GDP growth,” Svyrydenko…
The overall state budget revenues amounted to a little more than 68.8 billion lei in the first eleven months of 2025, recording an increase of 14.4%, or about 8.65 billion lei, compared to the same period in 2024. The Finance Ministry unveiled data to this effect. State budget expenditures totaled approximately 78.8 billion lei, which…
Bulgaria marked its first official euro transactions shortly after the stroke of midnight on January 1, as the country officially adopted the single European currency. According to the payment service provider Borica AD, the very first successful euro withdrawal was recorded at 00:20 at an ATM in the popular seaside resort of Sunny Beach. Earlier,…
This year, growth in real estate prices is likely to continue, according to Andris Boze, Member of the Management Board of housing developer and construction company YIT Latvija. He notes that housing prices in Latvia are still around 30-40% lower than in Lithuania or Estonia, and if the economic environment remains stable, a natural convergence…
The top 10% of earners in Lithuania rank among the world’s highest-income groups, according to a ranking published by Euronews. Lithuania placed 18th in the ranking of average after-tax income of the wealthiest 10% of residents, calculated using purchasing power standards, or PPS, based on 2017 prices. The country scored 47.806 PPS, ranking just below…
On December 29, the MPs adopted, in the second reading, the draft law of the state budget for the 2026 year, a document that outlined revenue increases, salary raises, enhanced investments and a budget deficit of 20.9 billion lei. According to the voted document, state budget revenues are estimated at over 79.67 billion lei in…