There are currently no plans to increase taxes in Ukraine, but a VAT refund on imports and import duties is being considered, Minister of Finance Serhiy Marchenko has said. “We do not envisage an increase in taxes, we do not envisage strict conditions for their payment. We seek to restore a properly functioning tax system…
The Lithuanian government has no plans to cut the VAT rate on food, as it would not benefit people, Finance Minister Gintare Skaiste has said amid calls by presidential advisers to introduce a lower VAT rate on food under a different model that would benefit consumers. On May 24, Irena Segaloviciene, the president’s chief adviser…
The Supreme Security Council (CSS) on May 27 decided to set up two parliamentary committees to examine rising inflation and price increases in Moldova. President Maia Sandu made the statement at a briefing after the CSS meeting. “The council has heard several reports on the situation in our country. As a result, we have decided…
Poland’s air traffic management authority and the air traffic controllers’ trade union have concluded a preliminary agreement on changes to the work and remuneration regulations proposed by the latter, both parties have announced. The majority of air traffic controllers in Warsaw were protesting in the first months of the year and threatening to quit their…
Compared to April, the level of construction costs in Latvia increased by 21.6% in April. Prices of building materials rose by 30.3%, maintenance and operational costs of machinery and equipment – by 17% and labour remuneration of workers – increased by 8.7%. In April, compared to March, the level of construction costs rose by 3.1%.…
The financial results of the Polish Airports State Enterprise (PPL), the operator of several Polish airports, including the Warsaw Chopin Airport, considerably improved in 2021, the second year of the pandemic, against 2020, the company reported. Although PPL recorded a loss of about PLN 185 million (EUR 40 million) in 2021, the result was better…
Lithuania’s Chief of Defence Valdemaras Rupsys has welcomed the campaign by journalist Andrius Tapinas to buy a Turkey-made Bayraktar combat drone for Ukrainian troops, adding that the Lithuanian military plans to contribute to its acquisition. “Of course, it is not easy for Tapinas alone to do this. As far as I know, the defence minister…