Poland has the highest rate of employment for Ukrainian refugees among countries in the Organisation for Economic Co-operation and Development (OECD) that received large numbers of people fleeing Russia’s invasion of Ukraine. In its latest migration report, the OECD also notes that Poland has one of the highest rates of employment among immigrants as a…
Latvia has the second most competitive tax system among the member states of the Organisation for Economic Co-operation and Development (OECD), trailing only Estonia, according to the latest International Tax Competitiveness Index published by the U.S. think tank Tax Foundation. Latvia has ranked second in the index for the eighth year in a row. The…
The Government has prepared the draft state budget 2026 for its second reading in the Verkhovna Rada. This was announced by Prime Minister of Ukraine Yulia Svyrydenko following the Cabinet of Ministers meeting on November 5. “All decisions in this document have been developed in the context of the budget’s key priorities – security, defence,…
On November 3, Minister of Economy, Environment and Agriculture of Ukraine Oleksii Sobolev held an online meeting with the UK Minister of State for Business and Trade Chris Bryant. Also present were the Deputy Ministers of Economy, Environment and Agriculture of Ukraine Andrii Teliupa and Oleksandr Tsybort, as well as Francesca Scott, Director for Trade…
The Competition Authority has launched an investigation into nearly all of the country’s largest retail chains over potential unfair trading practices with food suppliers. The inquiry targets Coop Eesti Keskuhistu, Selver, Prisma, Rimi, Maxima and OG Elektra, the owner of Grossi Toidukaubad. Kristin Truus, a lawyer at the Competition Authority, said the agency focused this…
The new government has a well-developed plan of actions for the country’s economic development, and the first measures that can be implemented in a 100-day period could lead to achieving an economic growth of up to 1-2%. The designated Minister of Economic Development and Digitalization Eugen Osmochescu has made statements to this effect. “We already…
Prices in Estonia have eased for the second month in a row, and analysts expect the slowdown to continue next year even as the country still leads the euro area in inflation. According to preliminary data from Statistics Estonia, prices in October stayed level with September. On year, the consumer price index (CPI) rose by…