On September 18, Ukraine’s Minister of Finance Sergii Marchenko and the Governor of the Banque de France Francois Villeroy de Galhau discussed in Kyiv the state of Ukraine’s financial system, budgetary needs for 2026, cooperation with the IMF, and reforms. “I am grateful that France continues to stand with Ukraine and remains a reliable partner…
The Government has approved and submitted to the Verkhovna Rada of Ukraine the draft Law on the state budget of Ukraine for 2026. Within the purview of the Ministry of Economy, Environment and Agriculture, the draft budget ensures continued funding for programmes aimed at developing domestic production, the agricultural sector, and environmental protection. In 2026,…
Deputy Minister of Finance of Ukraine Olga Zykova met with Managing Director of the European Bank for Reconstruction and Development (EBRD) for Ukraine and Moldova Arvid Tuerkner. The parties discussed the implementation of joint projects, the state of Ukraine’s financial system, budgetary needs for 2026, and prospects for further cooperation. Olga Zykova thanked the European…
Minister of Finance Arvils Aseradens (New Unity) has expressed hope that work on Latvia’s 2026 state budget will soon move forward in the Cabinet. Aseradens admitted that talks with coalition partners were taking longer than usual, but said this was understandable given the very limited resources available for new political initiatives. According to him, these…
Entrepreneurs in Slovakia will soon face tighter restrictions on the use of company cars for private purposes, under measures unveiled by Finance Minister Ladislav Kamenicky of the ruling Smer party. Under the plan, vehicles purchased by firms will qualify for a full VAT deduction only if they are used exclusively for business. Once a car…
Various analysts believe that September will bring several factors that will lower crude oil prices on the world market. Although at the end of August the price of oil increased compared to the middle of the month and was traded at $68 per barrel, a short-term price decline is expected in the future. “Experts who…
Estonia’s state budget took in EUR 8.8 billion in taxes in the first seven months of 2025, up by EUR 912 million YoY, the Ministry of Finance said. Tax receipts rose on the back of labor taxes, rate changes and major transactions before and after hikes. In July alone, EUR 1.3 billion was collected, EUR…