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Daily Archives: 2021-02-04

Ukraine: Deposit Guarantee Fund and WOCCU sign memorandum of cooperation

UkraineBy admin2021-02-04Leave a comment

The Deposit Guarantee Fund of Ukraine and the World Council of Credit Unions (WOCCU) have signed a memorandum of cooperation aimed at providing a favorable environment for the development of credit unions, the Fund’s press service reports. “On February 2, the Deposit Guarantee Fund and the World Council of Credit Unions (WOCCU) signed a Memorandum…

Latvia: LDz Cargo abuses dominant market position on railway freight market

LatviaBy admin2021-02-04Leave a comment

Latvijas dzelzcels (LDz) subsidiary SIA LDz Cargo has been abusing its dominant position on the railway freight market, as reported by Competition Council (KP). Looking at LDz Cargo’s operations and their compliance with the Competition Law, KP found there were four freight carriers active on Latvia’s railway freight market. However, LDz Cargo has been abusing…

Estonia: hydrogen and nuclear energy not ruled out

EstoniaBy admin2021-02-04Leave a comment

Minister of the Environment Tonis Molder (Center) said he would not rule out using hydrogen and nuclear energy as an alternative to oil shale. Molder noted that while the new government had set its sights on exiting the production of oil shale energy and later oil shale in general as an energy source, the jobs…

Kyrgyzstan: budget looses billions of soms due to flour smuggling

KyrgyzstanBy admin2021-02-04Leave a comment

State budget looses billions of soms due to flour smuggling, Acting Minister of Agriculture and Land Reclamation of Kyrgyzstan, Tilek Toktogaziev, has announced at a press conference. At least 62 flourmills operated in Kyrgyzstan in 2013. The annual flour production reached 450,000 tons. Only eight flourmills are working in 2020. “We have only 150,000 tons…

Ukraine: protocol on avoidance of double taxation with Denmark signed

UkraineBy admin2021-02-04Leave a comment

Finance Minister of Ukraine Serhiy Marchenko has signed a protocol on amendments to the Ukrainian-Danish Intergovernmental Convention on the Avoidance of Double Taxation, according to the ministry’s press service. The said protocol amends the Convention in order to bring its provisions in line with the OECD Model Tax Convention. In particular, the protocol provides for…

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