Moldova: cash payments to be limited

The cash payments will be limited. The parliament has approved, in the second reading, a draft law, which provides for norms on the circulation of cash money in the economic circuit and orientation to the carrying out of payments by transfer. The draft’s stipulations will be applied to the legal entities, no matter the type…

Ukraine: Economy Ministry and OECD begin to analyze investment incentives

The Ukrainian Economy Ministry and the Organisation for Economic Co-operation and Development (OECD) have started joint efforts to analyze investment incentives and harmonize the investment-related regulatory environment. The relevant statement was made by the Ukrainian Economy Ministry, following a meeting between Ukrainian Economy Deputy Minister Volodymyr Kuzio and the OECD team. “We highly value cooperation…

Bulgaria: beach rental system set for overhaul

The Ministry of Tourism in Bulgaria has unveiled plans for significant reforms in the tender procedures for beach rentals across the country, aiming to enhance transparency and fairness in the process. Among the proposed changes is the introduction of open bidding for tender procedures, eliminating the requirement for sealed envelope submissions and implementing measures to…