During the week, three working meetings were held – consultations with the Government of Ukraine represented by the Ministry of Development, the Ministry of Finance and other responsible ministries – on the consideration of the second round of applications under the Ukraine Investment Framework (UIF) mechanism. Representatives of the European Investment Bank (EIB) and the…
President of Latvia Edgars Rinkevics has proclaimed the state budget for next year along with 46 accompanying laws, according to a notice published in the official gazette Latvijas Vestnesis. The government approved the 2026 state budget on October 14, while the Saeima adopted it on December 4. Under the 2026 state budget, revenues are projected…
Estonia has been gradually withdrawing one- and two-cent euro coins from circulation, sending them to Latvia, which still uses them. Due to rounding-off rules introduced at the start of 2025, the smallest euro coin denominations are, while not completely obsolete, not practical in Estonia, nor in Finland, which has also been phasing the coins out.…
GymBeam built a regional e-commerce empire from Kosice. Now, after attracting heavyweight investors, it is moving its headquarters to Austria. GymBeam, one of Slovakia’s most successful e-commerce companies, is moving its legal headquarters and key strategic functions to Austria following a major EUR 110-million investment round. The Kosice-founded retailer, best known for fitness supplements and…
The Ministry of Economy, Environment and Agriculture of Ukraine has approved the provision of state incentives to one more – the 13th – industrial park, “City of Glass”. The state allocated UAH 8.345 million in co-financing for the implementation of an infrastructure project. This decision marked the final approval in 2025 under the state incentive…
The Cabinet of Ministers of Ukraine has decided to provide an additional subsidy from the state budget in the amount of approximately UAH 1.6 billion to support frontline regions. The subsidy will enable communities to quickly address the most pressing local issues. This time, local authorities will decide independently where to allocate the funds based…
Economic challenges faced by the eastern border regions must be recognised at the European Union (EU) level, the prime ministers of the three Baltic States agreed on December 12 during a meeting in Riga. The meeting of the prime ministers of the Baltic Council of Ministers, chaired by Latvian Prime Minister Evika Silina (New Unity),…