In 2025, the Ministry of Economy, Environment, and Agriculture of Ukraine focused on deregulation, which has a measurable effect on businesses: it reduces excess requirements, simplifies procedures, and shifts public oversight to a risk-based model. These are systemic changes, rather than isolated decisions. “Deregulation is not about lowering standards, but changing the approach. We are…
The forestry sector will continue to be influenced by geopolitical and economic challenges, while a significant paradigm shift is emerging in the understanding of forest value – from a timber resource to a multifunctional ecosystem, Anita Skudra, Chairwoman of the Management Board of Rigas mezi, has told the news agency LETA. She explained that this…
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…