The opposition Freedom and Solidarity (SaS) party plans to submit a bill introducing private foundations to help family businesses pass from one generation to the next without being broken up. “The Slovak economy has reached a period when the first major generation of entrepreneurs after 1989 is ageing and gradually handing their companies over to…
In January-July, 32.5 thousand payers paid almost 3 billion UAH of environmental tax. This is 18.9 million UAH, or 0.6% more than in the corresponding period last year. The largest environmental tax revenues were provided by payers: – Kyiv – 619.8 million UAH; – Dnipropetrovsk region – 579.4 million UAH; – Ivano-Frankivsk region – 308.0…
A newer three-bedroom flat costs about 10 or more average annual gross salaries in every Slovak regional capital surveyed, a comparison of property prices and local wages shows. Kosice, Slovakia’s second-largest city, is the least affordable. A newer 70-square-metre three-bedroom flat there costs the equivalent of 12.2 average annual salaries, compared with 11.8 in Bratislava.…
The “Affordable Loans 5-7-9%” program remains the main financial instrument for supporting the agricultural sector of Ukraine. As of August 27, 6,864 agricultural enterprises have attracted UAH 46.29 billion under this state program. This shows the high efficiency of preferential financing and the effectiveness of the program in difficult macroeconomic conditions. The following leading regions…
The Government team presented the Cabinet of Ministers’ Action Programme to the Verkhovna Rada Committee on Economic Development, which is the lead committee responsible for considering the relevant draft resolution. The Committee unanimously supported the Government Action Programme and resolved to recommend that the Verkhovna Rada of Ukraine approve it. Prime Minister of Ukraine Sergii…
Slovakia has largely exhausted the financial buffer that helped it respond to previous crises and could face much more painful choices when the next downturn comes, the country’s independent budget watchdog has warned. Public debt reached 61.4% of GDP in 2025, well above the level of less than 50% that the Council for Budget Responsibility…
The State Tax Service, together with international partners, is working on new effective measures to improve cybersecurity. The Head of the State Tax Service, Lesya Karnaukh, and the Executive Director of the Estonian Center for International Development ESTDEV, Andrea Kivi, signed a Memorandum of Cooperation. The cooperation entail: – Modernization of the cyber infrastructure of…