The Cabinet of Ministers of Ukraine approved the draft Law “On Amendments to Certain Laws of Ukraine Regarding the Definition of Business Entities”, which fully harmonizes the criteria for classifying enterprises with European Union standards. The draft law modernizes approaches to defining micro, small and medium-sized enterprises (SMEs) and eliminates barriers that, due to outdated…
Latvia is currently not considering a scenario of raising taxes, Finance Minister Arvils Aseradens (New Unity) has said. The minister stressed that Latvia’s public debt level remained moderate and that there was still room before reaching the Maastricht criterion ceiling of 60% of GDP. Aseradens also noted that the European Commission had approved Latvia’s budget…
Slovakia will relaunch its retail government bond programme in March, offering two new bond issues to individual investors with lower yields than last year, the Finance Ministry has said. The state plans to sell up to EUR 400 million worth of bonds, with the option to increase the total to EUR 500 million if demand…
As the price of gold soared to an all-time high, surpassing $5,000 per ounce (EUR 4,200), a senior official at the Bank of Lithuania acknowledged that the central bank could have profited from additional purchases but chose not to due to its long-term policy. “Looking back, we definitely missed out. If we had bought more…
Slovakia’s economy slowed in 2025, making it harder to reduce the fiscal deficit and stabilise public debt, the International Monetary Fund (IMF) said after completing its annual review of the country. An IMF mission led by Magnus Saxegaard held talks with Slovak authorities from January 14 to 27. In its concluding statement, the Fund said…
The development of non-raw material exports has been and remains one of Ukraine’s priorities. It is fundamentally important for the Government that Ukrainian exporters feel real, systematic and predictable support from the state – at a level that has long been the standard for business in developed economies. This was stated by the Minister of…
The Managing Director of the International Monetary Fund, Kristalina Georgieva, emphasized that Bulgaria’s economy continued to perform strongly despite ongoing political uncertainty. She warned that the country must avoid letting its budget deficit grow and urged both caretaker and regular governments to adopt careful fiscal policies. Georgieva noted that Bulgaria was already reaping benefits from…