Estonia, Latvia and Lithuania all tentatively back switching to permanent summer time following a recent discussion by the Baltics’ transport ministers. While all three Baltic countries fundamentally support the transition to permanent summer time, or daylight saving time (DST), outgoing Transport Minister Atis Svinka says broader public discussion is still needed on the issue. A…
Ukraine is actively increasing its presence in the markets of the African continent. In order to expand export opportunities and strengthen its positions, domestic business has established the Ukrainian-African Business Council (UAfrica Business Council). This cross-sectoral platform is designed to become a driver of long-term economic partnership and systemic integration of business in the region.…
The algorithm of actions and state programs that allow for the prompt restoration of the work of enterprises in Kyiv and the Kyiv region affected by hostile missile attacks, compensation for losses, and preservation of jobs were presented during a meeting with business. Deputy Minister of Economy, Environment and Agriculture of Ukraine Taras Vysotsky spoke…
In 2025, employment in the European Union’s information and communication technology (ICT) sector reached 3.4 million people, reflecting continued expansion of the industry across the bloc, according to Eurostat data. The figure marks an increase of 5.1% compared with 2024, when around 3.2 million specialists were employed in ICT-related roles. Despite this growth, the sector…
The war risk insurance program shifts from launch to the first actual payouts. Four Ukrainian companies have already received partial compensation for insurance premiums under property insurance contracts covering war risks. Ukrainian Prime Minister Yulia Svyrydenko announced this. Thanks to Government’s support, they have managed to reduce the cost of insurance from an average of…
Over the past week, entrepreneurs issued 913 new loans for UAH 4.0 billion within the framework of the state initiative “Affordable Loans 5-7-9%”. The program is a component of the “Made in Ukraine” manufacturer development policy. The largest increase in the amount of loans issued fell on businesses in high military risk zones – plus…
The economy of Moldova might record growth of around 2% in 2026, but inflationary pressures will stay high, especially due to rising energy and oil prices. Governor of the National Bank of Moldova (BNM), Anca Dragu has resented estimated to this effect, at a conference dedicated to the financial and banking sector. Anca Dragu emphasized…