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Ukraine: Yulia Svyrydenko summarised the URC-2026 Ukraine Recovery Conference
2026-06-26 14:11 admin
The Prime Minister of Ukraine, Yulia Svyrydenko, summarised the work done during the URC-2026 Ukraine Recovery Conference in Gdansk. “The 160 agreements signed this year, worth over EUR 10 billion, are the result of the daily efforts of President Volodymyr Zelenskyy and the entire Ukrainian team,” the Prime Minister said. Key outcomes include: – EUR…
Bulgaria: 2026 budget draft sets highest deficit
2026-06-26 14:11 admin
The Bulgarian government presented its draft budget for 2026 on June 24, setting a deficit of 5.7% of GDP, the highest figure in three decades, and immediately drew fire from opposition parties who accused the Cabinet of repeating the same fiscal practices it once condemned. Deputy Prime Minister and Finance Minister Galab Donev outlined the…
Armenia: exports remain strong
2026-06-26 14:10 admin
Armenia’s agricultural exports now reach a broad range of markets, from Iraq and the United Arab Emirates (U.A.E.) to Poland, Turkey, the Czech Republic, Ukraine, Central Asia, and Western countries, Economy Minister Gevorg Papoyan has said during the government meeting. “We should also acknowledge that the worst-case scenarios we initially anticipated have not materialized. In…
Ukraine: construction business increased tax payments in Q1 2026
2026-06-26 14:09 admin
In the first quarter of 2026, construction industry enterprises demonstrated positive dynamics of tax indicators. In general, revenues to the Consolidated Budget of Ukraine from enterprises of the industry increased by UAH 3.3 billion or by 22.9%. In particular, VAT revenues increased by 18.5% (+UAH 1.2 billion), income tax by 21.7% (+UAH 0.5 billion). An…
Ukraine: legislative solutions to implement most of EU agricultural benchmarks already developed
2026-06-25 14:25 admin
Ukraine is actively preparing to open negotiations on the agricultural cluster within the framework of the accession process to the European Union and has already developed legislative solutions to implement most of the benchmarks defined by the European Commission. This was announced by the Deputy Minister of Economy, Environment and Agriculture of Ukraine Taras Vysotsky…
Moldova: government to consider every suggestion on tax policy draft
2026-06-25 14:25 admin
The Republic of Moldova needs a simpler, more stable and more competitive tax system that stimulates investment, encourages business development and creates better-paid jobs here at home. That is why the Government has launched the tax reform, which is an instrument for making the economy more efficient. The position was expressed by Prime Minister Alexandru…
Armenia: economic resilience discussed with EU
2026-06-25 14:24 admin
Armenian Deputy Foreign Minister Vahan Kostanyan met in Brussels with Gert Jan Koopman, Director-General for Enlargement and the Eastern Neighbourhood at the European Commission, to discuss cooperation aimed at strengthening Armenia’s economic resilience and identifying new markets. The parties reviewed agreed programs designed to enhance economic and transport connectivity, as well as other topics related…
Ukraine: processing industry leads in tax payments in January-May 2026
2026-06-25 14:24 admin
According to the results of January-May, the largest contribution to filling the budget was made by processing industry enterprises. They provided 17.9% of all tax revenues to the consolidated budget. This was reported by the Acting Head of the State Tax Service Lesya Karnaukh. “The sphere of wholesale and retail trade; repair of motor vehicles…
Ukraine: Yulia Svyrydenko to lead delegation and its work at URC-2026 in Gdansk
2026-06-24 14:02 admin
The Ukrainian delegation to URC-2026 in Gdansk will be led by the Prime Minister of Ukraine, Yulia Svyrydenko. The Ukrainian team at the Conference will include representatives of Ukrainian businesses, heads of state-owned companies, representatives of communities from across Ukraine as well as Government officials and Parliament members According to the Head of Government, a…
Slovakia: Olympic Casino prepares to exit market
2026-06-24 14:01 admin
The Slovak gambling industry is booming. Tax receipts are climbing, online betting continues to expand, and some operators are reporting record results. Yet one of the country’s oldest casino brands is disappearing from the market. Olympic Casino Slovakia, once a fixture of city centres from Bratislava to Kosice, has all but shut down after a…
Armenia: first symbolic shipment of apricots reaches EU
2026-06-24 14:01 admin
The first symbolic shipment of Armenian apricots has arrived in the European Union, EU Commissioner for Enlargement Marta Kos wrote on X, commenting on her meeting with Armenian Minister of Territorial Administration and Infrastructure David Khudatyan. “Thank you to Armenia’s Minister of Territorial Administration and Infrastructure David Khudatyan for the gift and for a very…
Ukraine: Ministry of Economy improves rules for use of forestlands
2026-06-24 14:01 admin
Legislative and practical aspects of the use of subsoil on forestlands, restoration of territories and improvement of the regulatory framework in the field of forestry management became the key topic of the meeting chaired by Deputy Minister of Economy, Environment and Agriculture of Ukraine Taras Vysotsky. In particular, the participants of the meeting considered the…
Ukraine: Government increases maximum limit of state support for farmers using reclaimed land
2026-06-22 14:00 admin
The Cabinet of Ministers of Ukraine has increased the maximum limit of state support for agricultural producers using reclaimed land and water user organizations. Corresponding amendments have been made to the Procedure for Using State Budget Funds to Provide Such Support. The decision will strengthen the ability of farmers to restore and develop the reclamation…
Armenia: EU allocates EUR 34 million in emergency aid
2026-06-22 13:58 admin
The European Commission has allocated EUR 34 million to Armenia to reduce the impact of trade restrictions imposed by Russia on the country’s private sector, according to a statement issued by the Commission. The statement noted that just two weeks after a phone conversation between European Commission President Ursula von der Leyen and Prime Minister…
Moldova: impact of VAT reform not to exceed 200 lei per month for 80% of citizens
2026-06-22 13:56 admin
Minister of Finance Andrian Gavrilita states that the tax reform providing for the standardization of the VAT rate and the elimination of certain tax facilities will not significantly affect the majority of the population, and any additional costs will be offset through new support measures. The minister said that the estimates circulated in the public…
Ukraine: Government supports purchase of domestic mineral fertilizers
2026-06-22 13:54 admin
Ukrainian farmers will be able to receive state support for the purchase of complex mineral fertilizers of domestic production. Agricultural producers will be able to receive up to 1000 UAH per hectare of non-refundable state aid for the purchase of complex mineral fertilizers of Ukrainian production at the rate of up to 7 tons per…
Ukraine: State Tax Service and UK Revenue Agency update Memorandum of Cooperation
2026-06-19 13:54 admin
The State Tax Service of Ukraine continues its strategic partnership with the UK Revenue and Customs Service (HMRC). An updated Memorandum of Understanding has been signed between the tax services of Ukraine and the UK. The document defines specific measures for the next three years. In particular, it outlines key areas of cooperation and joint…
Latvia: GPS signal disruptions in airspace remain at high levels
2026-06-19 13:53 admin
Global Positioning System (GPS) disruptions in Latvian airspace were recorded 510 times during the first five months of this year, representing a 4.5% decrease compared with the same period in 2025, according to Latvia’s state-owned air navigation service provider, Latvijas Gaisa Satiksme (LGS). In May alone, 131 incidents involving disruptions to global satellite navigation systems…
Armenia: strong growth and moderate inflation recorded
2026-06-19 13:53 admin
Armenia is currently experiencing strong economic growth alongside inflation that remains elevated but not excessively high, Deputy Governor of the Central Bank of Armenia Armen Nurbekyan has said during a parliamentary session. Lawmakers are discussing the Central Bank’s annual report on its activities. According to Nurbekyan, the most significant uncertainties for Armenia’s macroeconomic outlook in…
Ukraine: Ministry of Finance’s campaign “Taxes Protect” wins two gold awards
2026-06-19 13:52 admin
The communication campaign of the Ministry of Finance of Ukraine “Taxes Protect” won two gold awards at prestigious advertising festivals – the Swiss Golden Award of Montreux in the Public Services category and the Kyiv International Advertising Festival (KIAF) in the Politics & Government category, which was held this year as part of Ukrainian Creative…